32 Water St

32 Water St , Lubec, Maine, 04652 | 5,000 sq.f | $ 995,000

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About This Restaurant

Investment Highlights

Oceanfront Commercial Space with 2nd Story Living Quarters. Blank Canvas Ready for your Imagination!

Executive Summary

Discover the Possibilities: Your Oceanfront Commercial ParadiseStep into the splendor of a 5000 sq ft oceanfront combined commercial and residential space, situated in the heart of the charming town of Lubec, Maine. This meticulously restored gem seamlessly marries the elegance of history with contemporary amenities, creating an idyllic setting for your entrepreneurial aspirations. From its immaculate hardwood floors to its striking tin ceilings, this commercial space exudes an air of sophistication.Limitless Opportunities AwaitNestled in the heart of the historic town of Lubec, Maine, this property boasts 3400 sq ft of commercial space on the main floor with 3400 possibilities! Three separate yet connected large spaces, coupled with two large bathrooms, create boundless opportunities for diverse ventures that offer both Water Street and Waterfront options in one.Consider transforming this alluring space into the Easternmost brewpub in America, where the spirit of Lubec flows like the tides in every glass. Invite artists and craftsmen to showcase their work in a captivating gallery, fostering a thriving arts community. The versatility of this commercial space even allows you to host weddings, receptions, and cultural events, creating memories in a setting that mesmerizes with breathtaking ocean viewsThe top-floor 2-bed, 2-bath apartment presents a chef's dream kitchen with a large gas gourmet range and vented hood. A 60 sq ft island with a walnut butcher block becomes an inviting space for entertaining guests while preparing lobster! Original beams and a vaulted ceiling create an open and airy living area, perfectly complementing the oceanfront vista.Your Gateway to Coastal LivingLet your entrepreneurial spirit roam free in Lubec?a town where dreams come to fruition, and ventures thrive. Amidst the gentle whispers of the ocean and the timeless charm of the town, this oceanfront commercial space invites you to embark on a journey of prosperity and fulfilment.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Residential Storefront Retail/Residential General Retail Restaurant General Retail Storefront Retail/Office Office Office Live Work Unit Storefront Retail/Residential
  • Building Size    5,000
  • Building Class    C
  • Year Built/Renovated    1900/2018
  • Price    995,000
  • Price Per SF    199
  • Tenancy    Single
  • Building Height    2 Stories
  • Building FAR    0.57
  • Land Acres    0.20 AC

Amenities

  • Waterfront

Property Taxes

Parcel Number LUBE-000015-000000-000017 Improvements Assessment $60,007
Land Assessment $108,047 Total Assessment $168,054
Date Created: 2024-07-16 04:16:17 Last Updated: 2024-07-16 04:16:17
Address: 32 Water St , Lubec, Maine, 04652