Lubec ME Multi Family for Sale
$355,000
67 Street Lubec, ME 04652
- Type:
- Multi-Family
- Sq.Ft.:
- 2,400
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1900
- Baths:
- 4.00
- MLS#:
- 1607585
View additional info
Courtesy: Bold Coast Properties
207-497-5725
ADDITIONAL INFORMATION
Discover the enchanting allure of a historic multi-family dwelling in the picturesque town of Lubec. This property is a treasure trove of versatility and potential, presenting an exceptional investment opportunity that beckons exploration. Dating back to the early 1900s, the building has been recently lovingly updated with new vinyl windows, siding, and roofing. Once the bustling Conley's Grocery, this gem has since evolved into two spacious units—each boasting two bedrooms and two bathrooms. Imagine the possibilities! With a layout that invites creativity, you can restore its commercial charm with a street-level business space while enjoying residential serenity above. Alternatively, consider reverting to four one-bedroom units for a lucrative rental strategy that maximizes income potential. Additional features such include a 10x16 storage shed, a 12x18 unfinished building, and a pet-friendly fenced yard, this property perfectly balances functionality with charm. Its prime location offers residents breathtaking water views that capture the essence of the small coastal town of Lubec. Embrace the idyllic Lubec lifestyle, where scenic trails, stunning ocean vistas, and the historic West Quoddy Head Light await. Whether you seek tranquility or a savvy investment in the easternmost town in the United States, this property is a captivating opportunity not to be missed. Motivated sellers are eager to share this unique treasure with you!
$699,000
20 Street Lubec, ME 04652
- Type:
- Multi-Family
- Sq.Ft.:
- 1,345
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1890
- Baths:
- 1.00
- MLS#:
- 1598451
View additional info
Courtesy: Realty of Maine
207-667-2300
ADDITIONAL INFORMATION
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.
Lubec Real Estate
The median home value in Lubec, ME is $336,750. This is higher than the county median home value of $190,200. The national median home value is $338,100. The average price of homes sold in Lubec, ME is $336,750. Approximately 44.13% of Lubec homes are owned, compared to 23.67% rented, while 32.21% are vacant. Lubec real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lubec real estate agent to arrange a tour today!
Lubec, Maine has a population of 1,198. Lubec is less family-centric than the surrounding county with 11.62% of the households containing married families with children. The county average for households married with children is 22.5%.
The median household income in Lubec, Maine is $50,000. The median household income for the surrounding county is $46,689 compared to the national median of $69,021. The median age of people living in Lubec is 62.2 years.
Lubec Weather
The average high temperature in July is 76.2 degrees, with an average low temperature in January of 10.2 degrees. The average rainfall is approximately 49.5 inches per year, with 71.7 inches of snow per year.