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$95,000 Just Listed
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Property Description
Located on Water Street in the heart of downtown Lubec, this surveyed .13+/- acre waterfront parcel, comprised of two combined lots, offers an exceptional opportunity in the easternmost town in the United States. With one lot extending ownership to the lower low-water mark, this unique property features direct waterfront and breathtaking views of the Lubec Narrows, the Franklin Delano Roosevelt International Bridge, Mulholland Point Lighthouse, and Campobello Island. Commercial zoning provides outstanding flexibility for a variety of business and investment opportunities. Develop a commercial building with retail, office, gallery, restaurant, or other commercial space on the first floor, with the potential for residential living or income-producing apartments above (subject to local approvals). The waterfront setting creates an unforgettable backdrop for nearly any venture. Experience the first sunrise in the United States and enjoy spectacular moonrises over the Lubec Narrows. Watch lobster boats leave the harbor, seals play in the tidal currents, bald eagles soar overhead and take in the ever-changing waterfront scenery that makes Lubec one of Maine's most distinctive coastal communities. Conveniently located within a few steps of shops, restaurants, galleries, the waterfront, and the public boat landing, the property is also just minutes from West Quoddy Head State Park, Cobscook Shores Parks, and miles of hiking trails, kayaking, birdwatching, and outdoor recreation. Whether your vision is commercial, mixed-use, or investment-focused, this rare waterfront parcel offers an incredible location with outstanding development potential. A one of kind opportunity waiting for vision!
Full Property Details
Full Property Details for 54 Water St
General
- Price: $95,000
- Taxes: $1,588 (2025)
- Status: Active
- Type: Lots/Land
- Source: MREIS
- MLS ID: 1670615
- Updated: 7/7/2026
- Added to Site: 5 day(s) ago
Parking
- Parking Features: No Driveway, None
Location
- County: Washington
Utilities
- Sewer: None, Public Sewer
- Water: Public, None
Lot Features
- Property View: Scenic
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662.8
- Development Status: Raw Land, Site Plan Approved
- Zoning: Shoreland/Flood Zone
- Lot Description: Intown, Near Public Beach, Near Shopping, Other, Sidewalks
Water Features
- Water Front: Yes
- Water Front Name: Lubec Channel/Narrows
Financial Considerations
- Tax Amount: $1,588
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 24
Listed by Bold Coast Properties (207) 497-5725
Get Pre-Approved Today
Schools
Schools serving 54 Water St
School District:School Administrative District 19
| Name | Grades | Distance |
|---|---|---|
Lubec Consolidated School 44 South Street, Lubec, ME 04652 | PK-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 54 Water St
Date
Details
Price
Change
Source
7/07/2026
Listed
$95,000
230.43%
MLS
8/10/2016
Sold
$28,750
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 54 Water St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,588
6%
$78,600
—
2024
$1,493
23%
$78,600
—
2023
$1,210
-6%
$78,564
47%
2022
$1,294
7%
$53,433
—
2021
$1,213
—
$53,433
—
2020
$1,215
24%
$53,433
27%
2019
$976
1%
$42,236
—
2018
$967
-50%
$42,236
-47%
2017
$1,918
3%
$80,432
—
2016
$1,858
11%
$80,432
—
2014
$1,670
7%
$80,432
—
2013
$1,568
—
$80,432
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 54 Water St
54 Water Street, Lubec, ME 04652 (MLS# 1670615) is a Lots/Land property with a lot size of 0.13 acres. 54 Water Street is currently listed for $95,000 and was received on July 07, 2026. Want to learn more about 54 Water Street? Do you have questions about finding other Lots/Land real estate for sale in Lubec? You can browse all Lubec real estate or contact a Coldwell Banker agent to request more information.

