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20 Water Street 2, Lubec, ME 04652

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For Sale

$699,000

1 half baths • 1,345 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $519.70
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Live and work in downtown Lubec, the easternmost point in the US and gateway to New Brunswick, a Maritime Province of Canada. Rent out both units in this solid Cape, a multi-unit including a residential project on the 2nd floor and a commercial space on the first floor with a handicap accessible ramp and ½ bath for a restaurant or a retail shop. The deck overlooks the Lubec Channel and Campobello Island. This delightful cape in the heart of Lubec offers sweeping views of the Lubec Channel without waterfront taxes. The second floor is a blank canvas ready to be remodeled into an efficient loft apartment. The first-floor currently offers a retail shop with a commercially licensed kitchen, a workshop area with the-best-view-ever and a lovely retail space with a large handicap accessible bathroom and exterior access ramp. The property has an enormous wraparound deck overlooking downtown Lubec and the Lubec Channel with sweeping views of Campobello Island and the international bridge to New Brunswick, Canada. The property retains its' commercial kitchen license and conveys with commercial kitchen equipment and wonderful treasures for downtown shoppers. There is ample parking at the side and rear of the building. The property below is owned by the New England Aquarium where you can watch the whale research vessels launch. There is a public boat launch just a few steps from your front door and many oceanfront trails and kayak launches within 15 minutes of this location on both sides of the border.
MLS# 1598451

Courtesy Of Realty of Maine
458 Main Street, Bangor, ME 04401
(207) 667-2300

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Dock
  • Architecture Style
    Other
  • Cooling System
    Heat Pumps
  • Floor Covering
    Laminate, Wood
  • Heating System
    Heat Pump
  • Lot Size
    0.1 Acres

Map and Directions

Directions to 20 Water Street 2, Lubec, ME 04652

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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