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Listed by Legacy Properties Sotheby's International Realty
$550,000
30,000 SqFt
UPDATED:
10/01/2024 06:50 PM
Key Details
Property Type Commercial Sale
Sub Type Mixed Use
Listing Status Active
Square Footage 30,000 sqft
MLS Listing ID 1563957
HOA Y/N No
Originating Board Maine Listings
Lot Size 1.300 Acres
Acres 1.3
Property Description
Maine's last sardine industry giant & adjacent land are poised on the easternmost edge of America overlooking Passamaquoddy Bay. The sturdy architectural treasure greets the high tides of the great Bay of Fundy as it faces Campobello Island, Canada, and welcomes the nation's first sunrise to Eastport, Maine's smallest city. An industrial landmark, the building is famous for its role in innovating the ''roll-top can,'' which became the gold standard for use in the worldwide sardine industry. The 1908 American Can Company building comprises .69 of the 1.3 acres & 535 feet of water frontage for sale. The property is one of 31 buildings in the Eastport Historic District. Erected by the Seacoast Canning Company in 1908, when the company was the largest in the industry, the structure includes 20-inch thick brick walls, rough-cut granite window sills, and a heavy timber structural system signaling a sense of prosperity and permanence. Purchased by current owners in 2005, the entire property consists of 4 lots/5 parcels. The only remaining structure on the land is the 30,000 square-foot vacant factory. The historic gem was named one of the state's 'most endangered historic places' by Maine Preservation in 2022. The basement & first floors both are concrete; the second has wooden flooring. The building has a concrete pier jutting into Passamaquoddy Bay. The pier is supported by 139 concrete pilings. The property is served by electricity, public water & sewer. Phase I & II environmental assessments and estimates for stabilization, repair, and adaptive reuse are available. Revitalization plans, named the Lantern on the Pier, include architectural drawings allowing for retail, conference, hotel & apartment spaces. In 2011, The Maine Department of Tourism awarded it's Director's Award to the sellers, citing them for 'being the spark that ignited the economic revival of downtown Eastport.'' Come join in the ascendency of this exquisite part of Downeast Maine.
Location
State ME
County Washington
Zoning R-1, Shore General
Exterior
Garage 5 - 10 Spaces
Waterfront Yes
Waterfront Description Bay,Ocean
View Y/N No
Parking Type 5 - 10 Spaces
Building
Lot Description Business District, Historic District, Near Shopping
Sewer Public Sewer
Water Public
Others
Restrictions Yes
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327