16 School Street, Lubec, ME 04652 (MLS # 1657830)

View Virtual Tour PRICE $260,000 SIZE 2,229 sqft LOT SIZE 6,534 sqft Request More Info Schedule a Showing

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.