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Cassie Mason

[email protected] +1(207) 418-1560

Listed by Legacy Properties Sotheby's International Realty

$ 750,000

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Active

49-55 Water ST Eastport, ME 04631

4,313 SqFt

UPDATED:

Key Details

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Active

Square Footage 4,313 sqft

MLS Listing ID 1511025

HOA Y/N No

Originating Board Maine Listings

Year Built 1886

Annual Tax Amount $4,667

Property Sub-Type Mixed Use

Property Description

Introducing The Commons, an elegantly restored 2-story brick commercial building in the heart of Eastport's historic waterfront district, now available for new ownership. The building underwent a comprehensive restoration guided by a respected architect & expert in historic rehabilitations, including the recent complete rebuilding of its south exterior wall. This cherished landmark is poised to remain a vital part of Eastport's future. Originally rebuilt in 2003-04, The Commons has been meticulously maintained with recent upgrades: a new membrane roof, electrical improvements, two new boilers (2021), and fresh exterior paint. Affectionately named 'The Commons' by the six women who acquired it 2 decades ago, the 1886 landmark embodies resilience & dedication to the community. It is part of the 31 structures that make up Eastport's National Historic District. Spanning 4,313 sq. ft., the building offers four distinct commercial spaces, including two charming short-term rental suites on the second floor. Each suite offers stunning water views, complete with decks, two bedrooms, a kitchen, a living room, laundry facilities, & tasteful furnishings. The first floor is home to three businesses: an art gallery & online shop showcasing local artists, a street-level commercial office space with an ongoing multi-year lease, plus additional office space, & a shared kitchenette and bathroom. Currently operating as a break-even venture, The Commons provides a blank canvas with immense potential for enterprising individuals. Whether you choose to reside in one suite while renting out the other, continue to lease the suites, or run your own business on the 1st floor, the opportunities are endless. Bring your vision, determination, & aspirations for the city's bright future to this idyllic location, where commercial spaces are embraced by breathtaking water vistas stretching across the deep water harbor & working waterfront, reaching out to Campobello & the western isles of Canada.

Location

State ME

County Washington

Zoning GSD, B1

Rooms

Basement Unfinished

Interior

Heating Steam, Baseboard

Cooling None

Flooring Vinyl, Carpet

Equipment Internet Access Available, Cable

Exterior

Parking Features Other

Utilities Available 1

Waterfront Description Bay,Harbor

View Y/N No

Roof Type Membrane,Shingle

Building

Lot Description Waterfront, Water View, Downtown, Deep Water Access, Business District, Historic District

Story 2

Foundation Stone, Granite, Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Restrictions Yes

Energy Description Oil

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Cassie Mason

Broker | Bean Group016220

+1(207) 418-1560

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Cassie Mason

49-55 Water ST Eastport, ME 04631

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