16 School StreetLubec, ME 04652

Description

Located on a prominent corner lot at the intersection of School and Pleasant Street in Lubec, this circa 1896 mixed-use property offers strong commercial potential with flexible use options. Just one block from Water Street and two blocks from the Town Boat Landing, the location benefits from steady visibility and easy access to local businesses, the library, post office, restaurants, brewery, and nearby beaches. Peekaboo water views include the Lubec Channel Lighthouse, Campobello Island, and Mulholland Lighthouse. The first floor is currently configured as two studio-style commercial spaces with a half bath, previously used as a dance studio and art gallery. With excellent street presence, this level is ideal for retail, office, gallery, or service-based businesses, with the option to convert to residential or rental use. The second and third floors function as a two-story apartment. The second floor includes a kitchen, living room (or potential additional bedroom), one bedroom, and a full bath. The third floor offers a large sleeping area with its own full bath and storage. This layout supports a live/work setup or multiple income streams. Set on a generously sized corner lot, the property includes a substantial exterior area currently used for parking, with potential for a yard, expansion, or further development. Lubec, the easternmost town in the United States, is known for its coastal scenery, working waterfront, and steady seasonal traffic. This property presents a unique opportunity for business owners, investors, or those seeking a flexible live/work property in a prime in-town location.

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

1896

Stories

3

Building area

2,229 Sq Ft

Lot size

0.15 acres

Zoning

NA

Days on market

177

MLS^® Listing#

1657830

Property Features

Cooling

None

Heating

Oil · Forced Air

Flooring

Vinyl · Wood

Basement

Walk-Out Access · Unfinished

Construction

Clapboard · Wood Siding · Frame

Foundation

Stone · Brick/Mortar

Roof

Composition · Shingle

Utilities

Natural Gas Not Available

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Annual taxes

$3,177Tax year 2025