24 Water Street, Lubec, ME 04652
Washington County
Key Facts
Description
Located in the heart of downtown Lubec- where the sun rises first - this mixed-use property offers exceptional flexibility for commercial, residential, or investment use. Locally recognized as the former A.W. Kelley Drugs & Medicines, the building was originally constructed in the mid-1800s by Jeremiah Fowler and has served as a restaurant, attorney's office, gift shop, tour company, and more. The vacant first floor features a 388+/- sq. ft. storefront or office with large windows overlooking Water Street, an open layout, original tin ceilings, a kitchenette, full bathroom, basement access, and a spacious covered rear deck. Ideal for retail, office, gallery, studio, or other business ventures. A private entrance leads to the second-floor two-bedroom, one-bath apartment featuring hardwood floors, original tin ceilings, and stunning water views from nearly every room. The living room opens onto a 278+/- sq. ft. deck overlooking the Lubec Channel/Narrows with views of Mulholland Lighthouse, Campobello Island, and the Franklin Delano Roosevelt Memorial Bridge. Watch fishing boats, seabirds, wildlife, and the ever-changing tides from one of Lubec's most scenic settings. Live upstairs while operating a business below, generate rental income, convert the first floor to additional living space, or transform the property into a single-family home. Just steps from restaurants, shops, the library, grocery store, waterfront, seasonal farmers market, and public boat landing. Nearby Cobscook Shores preserves, Mowry Beach, public beaches, kayaking, hiking trails, and West Quoddy Head Lighthouse offer endless opportunities to enjoy Downeast Maine. Blending historic character, recent complete restoration, beautiful Lubec Channel views, and a prime downtown location, this property offers endless possibilities.Virtual 360 Tour Available by Request
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1850
Living Area
1,236 sq ft
Lot Size
0.02 acres
Zoning
General Development
MLS® Listing#
1669681
Property Features
Cooling
Heating
Flooring
Basement
Parking
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$2,438
Tax year 2025
Affordability Calculator
$115,600
Estimated monthly payment
$3,076/mo
Principal $462,400 · Est. interest $645,089 over 30 yrs
Location
Points of Interest in Lubec, ME
Showing the Lubec area map.
Nearby Schools
Summerkeys
School · 0.1 mi away
Lubec Elementary School
Elementary · 0.5 mi away
Lubec Consolidated School
Elementary · 0.5 mi away
Shead High School
Secondary · 3.2 mi away
Eastport Elementary School
Elementary · 3.3 mi away
Beatrice Rafferty School
Elementary · 7.1 mi away
Whiting Village School
Elementary · 10.6 mi away
Perry Elementary School
Elementary · 11.7 mi away
Edmunds Consolidated School
Elementary · 12.0 mi away
Pembroke Elementary School
Elementary · 12.7 mi away
Vincent Massey Elementary School
Elementary · 15.3 mi away
Sir James Dunn Academy
School · 15.3 mi away
Grand Manan Community School
Elementary · 16.1 mi away
Charlotte Elementary School
Elementary · 16.6 mi away
Blacks Harbour School
Elementary · 16.6 mi away
Bay Ridge Elementary
Elementary · 18.8 mi away
St. George Elementary School
Elementary · 19.9 mi away
Fundy High School
Secondary · 20.1 mi away
Elm Street School
Elementary · 21.6 mi away
Fort O'Brien State Historic Site
Elementary · 23.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 0 Mill Creek Lane, Lubec, ME | $489,000 | — | — | — |
| L11/12/14 Boot Cove Road, Lubec, ME | $500,000 | — | — | — |
| 253 County Road, Lubec, ME | $549,000 | 4 | 2 | 2,308 |
| 253 County Road, Lubec, ME | $549,000 | 4 | 2 | 2,308 |
| 24 Water Street, Lubec, ME | $578,000 | 2 | 2 | 1,236 |
| 69 Jims Head Road, Lubec, ME | $585,000 | 3 | 2 | 1,450 |
Moving Cost Estimate
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