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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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24 Water St , Lubec, ME 04652
$578,000
Est. Payment: $2,982.23/mo
0 Bed
0 Bath
1236 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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

Highlights

Listed by Shayna Smart , 207-214-2235 Bold Coast Properties , 207-497-5725. Maine Real Estate Information System, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.02

Year Built

1850

County

Washington

Listing ID

1669681

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Internet Access Available
Floor:Wood
Basement:Walk-Out Access,Full,Unfinished
Other:Public

Exterior Features

Lot:Downtown,Water View
Zoning:General Development
Roof:Shingle
Sewer:Public Sewer
Principal Interest
$2,982
Taxes
$203

Home Price

$578,000

Loan Details

30 yrs
6.695%

Down Payment

20%
$115,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,982.23

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,982.23 $203.17 $0.00 $3,185.40
Yearly $35,786.78 $2,438.00 $0.00 $38,224.78
Total $1,073,603.49 $73,140.00 $0.00 $1,146,743.49

Today's Rates

30 Year

6.7%

20 Year

6.21%

15 Year

6.15%

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Market insight data is pulled from the same city as the listing being viewed (Lubec, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Listing data is derived in whole or in part from the Maine IDX & is for consumers personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.


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Data last updated: 2026-08-02T07:29:11.000Z

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