37 Water St - Storefront Retail/Residential FOR SALE


Lubec, ME 04652
$449,900 USD
207-270-1659
37 Water St, Lubec, ME for Sale
$449,900 USD
Storefront Retail/Residential - FOR SALE
1/35
null | Request Cap Rate

37 Water St
Lubec, ME 04652


OVERVIEW

Welcome to ''Narrow Escape'', a charming coffee shop, cafe, and gift shop that has become a treasured staple in the seaside community of Lubec, Maine. With its inviting atmosphere and loyal clientele, this turn-key business is ready for new ownership. As you step inside the charming older building, you will be greeted by beautiful tin ceilings that echo the history and warmth of this delightful establishment. The shop features a cozy dining area, perfect for enjoying freshly brewed coffee or a light meal, while surrounded by an assortment of unique gifts. In addition to the business, the property boasts a lovely 2 bedroom apartment upstairs, complete with picturesque water views. Whether you envision it as your private owner's quarters or a charming short-term rental for added income, this space provides the perfect retreat. The apartment furnishings will be included, making it ideal for Airbnb use. This prime location also offers the allure of Lubec's natural beauty. Guests will enjoy the stunning vistas of the ''Narrows'', the waterway separating Lubec from Campobello Island, the former summer home of Franklin D. Roosevelt and his family. The opportunity to immerse your visitors in this unique historical experience is both rewarding and enriching. All restaurant equipment, fixtures, and furnishings will be included in the sale ensuring that you can hit the ground running the moment you take ownership. With its turn-key potential and countless opportunities for growth, 37 Water Street is ready to welcome its next chapter. Don't miss out on this extraordinary opportunity to own a piece of Lubec's charm while running a beloved business that embodies the spirit of this quaint fishing community. Come see for yourself and discover what makes Narrow Escape the perfect spot to call your own!

FOR SALE DETAILS

PRICE

$449,900 USD

PRICE/SF

$205 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

-

APN/PARCEL ID

LUBE-000015-000000-000061

ASK ABOUT THIS PROPERTY

Jim QuimbyRE/MAX InfinityMore Info
207-270-1659

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jim QuimbyRE/MAX InfinityMore Info
207-270-1659

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.