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$1,225,000
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Property Description
A rare opportunity to own one of Wiscasset's most recognizable landmark buildings, ideally situated in the heart of the village at the corner of Main Street and Water Street across from iconic Red's Eats. This exceptional mixed-use property with panoramic views of the Sheepscot River offers unlimited potential for investors, entrepreneurs, and developers alike. Rich in local history, the building has long been home to a beloved restaurant and pub, featuring two spacious outdoor decks that provide a waterfront dining experience. Above, three generously sized apartments offer excellent income-producing potential or opportunities for owner occupancy. Whether you envision reopening a destination restaurant or creating a unique mixed-use concept, this property offers the location, character, and flexibility to bring your vision to life.
Full Property Details
Full Property Details for 43-45 Water St
General
- Sold For: $1,225,000
- Status: Closed
- Type: Commercial
- Source: MREIS
- MLS ID: 1673585
- Added to Site: 74 day(s) ago
Business
- Business Type: Restaurant, Other
Parking
- Parking Features: 1 - 4 Spaces
Location
- County: Lincoln
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Electric, Oil, Baseboard, Heat Pump, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Frame, Wood Siding
- Basement: Yes
- Basement Desc.: Walk-Out Access, Full
- Roof: Shingle
- Square Feet: 10,249
- Year Built: 1820
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662.8
- Zoning: Village I
- Lot Description: Downtown, Water View
Disclosures and Reports
- Lot Number: 064/065
Listed by Tim Dunham Realty (207) 882-5020
Sold by Portside Real Estate Group (207) 619-7571
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Price & Sales History for 43-45 Water St
Date
Details
Price
Change
Source
9/11/2026
Sold
$1,225,000
-9.26%
MLS
7/27/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
43-45 Water Street, Wiscasset, ME 04578 (MLS# 1673585) is a Commercial property that was sold at $1,225,000 on September 11, 2026. Want to learn more about 43-45 Water Street? Do you have questions about finding other Commercial real estate for sale in Wiscasset? You can browse all Wiscasset real estate or contact a Coldwell Banker agent to request more information.

