49-55 Water ST Active Save Request In-Person Tour Request Virtual Tour
Eastport,ME 04631
Key Details
Property Type Commercial Sale
Sub Type Mixed Use
Listing Status Active
Square Footage 4,313 sqft
Price per Sqft $197
MLS Listing ID 1511025
HOA Y/N No
Originating Board Maine Listings
Year Built 1886
Annual Tax Amount $4,667
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
Garage Other
Waterfront No
Waterfront Description Bay,Harbor
View Y/N No
Roof Type Membrane,Shingle
Parking Type Other
Building
Lot Description Water View,Water Frontage,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