24 Water Street, Lubec, ME 04652 (MLS # 1669681)

Price $578,000
Status Active
Size 1,236 sqft
Lot Size 872 sqft
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 Type(s): Commercial
Last Updated 6/30/2026 Year Built 1850
County Washington

Additional Details

AIR None
BASEMENT Full, Unfinished, Walk-Out Access, Yes
CONSTRUCTION Clapboard, Frame, Shingle Siding, Wood Siding
HEAT Forced Air, Oil
LOT 871 sq ft
LOT DIMENSIONS 0.02
MLS STATUS Active
PARKING None
SEWER Public Sewer
STORIES 2
TAXES 2438
UTILITIES Natural Gas Not Available
VIEW Yes
VIEW DESCRIPTION Water
WATER Public
WATERFRONT Yes
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