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37 Water Street

Lubec, ME 04652

3 beds
3 baths
2,200 sqft
1,742 sqft lot
$318 per sqft
1900 build
– on site

Smell the salty air when you step outside into the heart of Maine's best-kept secret-Lubec, USA and into a dream deal. This gem is all ready for new owners- the full package in one location! A well-maintained second-floor apartment in a handsome building that is home to a five-year-old, well-established first-floor turnkey business called Narrow Escape featuring an espresso bar, edibles, and carefully curated artisanal gifts. The first thing you notice when you walk through the front door at the street level is the height of the grand tin ceilings. The first floor offers commercial space - a large (30' x 20') retail space, a half bath for customers, a half bath for staff, and a licensed commercial kitchen and an on-premise wine license. There is a first-floor storage area, an office, and the basement offers an extra dry storage area for goods. The downtown second-floor apartment features over 1000' of space with three bedrooms, a fourth partially finished room that could become a master ensuite. There is a full bath, a living room, a kitchen, and ample storage. There are water views across the street overlooking the Lubec Narrows, historic McCurdy's Smokehouse, and views of Campobello Island, Canada, from both the first and second floors. This building is located on Water Street in downtown Lubec. Retail neighbors include a hardware store on one side, a brewery on the other, easy street parking, parking lots a block away in either direction and an easily accessible public boat launch just a few doors down. Lubec is the gateway to the Maritimes, New Brunswick, Canada. The whole area offers many kayak launches and coastal hiking trails to explore and it is the first place in America to see the sun rise.

Listing courtesy of MREIS / Realty of Maine

Last checked: Checking… • Last updated May 12, 2024 •

MLS# 1576153 —

The Building

Year Built:

1900
Construction Materials:

Vertical Siding, Shingle Siding, Composition, Brick Veneer, Wood Frame
Roof:

Shingle
Basement:

Brick/Mortar, Full, Exterior Entry, Bulkhead, Interior Entry
Direction Faces:

None
Window Features:

None
Building Features:

None
Building Area Total:

2200.0
Building Area Source:

Measured
Green Energy Efficient:

Energy Star Appliances, Double Pane Windows, Dehumidifier

Interior

Rooms Total:

10
Kitchen:

true
Fireplace:

false
Fireplace Features:

None

Room Dimensions

Living Area:

None

Financial & Terms

Land Lease:

false

Location

Directions:

None

The Property

Lot Features:

Level, Sidewalks, Intown, Near Public Beach, Rural
Lot Size:

1,742 Sqft
Lot Size Area:

0.04
Lot Size Acres:

0.04
Lot Size Units:

Acres
Lot Size Source:

Public Records
Lot Size Dimensions:

None
Zoning:

mixed use
Property Attached:

No
View:

Scenic
Current Use:

None
Possible Use:

None
Topography:

None
Waterfront:

false
Road Surface Type:

Paved
Waterfront Features:

Bay, Ocean
Other Equipment:

None

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Annual Amount:

$2,287

Beds

Bedrooms Total:

3

Baths

Full Baths:

1
Three Quarter Baths:

None
Half Baths:

2
Partial Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Buyer's Brokerage Compensation:

2.4000

Heating & Cooling

Heating:

Multi-Zones, Direct Vent Heater, Baseboard
Heating:

true
Cooling:

false
Cooling:

None

Utilities

Utilities:

Utilities On
Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher

Schools

Elementary School:

None
Middle Or Junior School:

None
High School:

None

The Community

Spa Features:

None
Pool Private:

No
Water Body Name:

Lubec Narrows and Atlantic Ocean
Association Amenities:

None
Association Fee Includes:

None
Association:

false

Parking

Garage:

false
Attached Garage:

false
Carport Spaces:

None
Parking Features:

No Driveway, None, Other, On Street, Electric Vehicle Charging Station(s)

Monthly cost estimate

Asking price

$699,900

Expense	Monthly cost
Mortgage	$3,747
Taxes	$190
Insurance	$192
Utilities	$472 See report
Total	$4,601/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
5/12/24 May 12, 2024	Price Changed	MREIS	$699,900	-2.7%
4/10/24 Apr 10, 2024	Price Changed	MREIS	$719,000	45.3%
12/10/23 Dec 10, 2023	Listed / Active	MREIS	$494,900

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This house located in Lubec, ME 04652 is currently for sale for $699,900. 37 Water Street is a 2,200 square foot house with 3 beds and 3 baths that has been on Estately for 158 days. This house is in the attendance area of Lubec Consolidated School.

Listing Provided Courtesy of Realty of Maine

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. This website does not display complete Listings. Certain Listings of other real estate brokerage firms have been excluded.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.