49 Water St
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49 Water St
6,248 SF 100% Leased Retail Building Wiscasset, ME 04578 $1,848,600 CAD ($296 CAD/SF)
Executive Summary
For Sale: Iconic Historic Property with Prime Commercial and Residential Spaces in Wiscasset, Maine
Own a piece of Wiscasset history! This unique and versatile property, nestled in the heart of Maine’s "Prettiest Village," offers three prime commercial spaces and one charming residential unit, all housed in a historic building that has been family-owned for over 70 years. Originally a bustling hardware store, this property is steeped in local heritage and offers boundless potential for investors, business owners, or owner occupied.
Property Highlights:
• Three Commercial Spaces: Ideal for retail, office, or creative ventures. These flexible spaces offer high visibility in a vibrant coastal village that draws tourists and locals year-round. Two units are presently rented with high interest for the third unit.
• Charming Residential Unit: Enjoy the convenience of living on-site in a cozy residence with historic charm. Perfect for an owner-occupier or as a rental for additional income.
• Prime Location: Located near Wiscasset’s Main Street, a popular destination known for its scenic views, boutique shops, and proximity to the coast. The property benefits from high foot traffic, especially during peak tourist season.
• Historical Significance: The building has been a cornerstone of the community, owned and operated by the same family for over seven decades. With its rich history and character, this property is a rare find.
• Coastal Charm: Wiscasset offers a quintessential New England coastal experience, with nearby attractions including art galleries, restaurants, and scenic waterfront views.
Whether you're looking to expand your business, invest in income-generating properties, or become part of Wiscasset's vibrant community, this historic gem presents an unparalleled opportunity. Don't miss out on owning a piece of Maine’s coastal charm!
Contact us today for more information or to schedule a viewing.
Own a piece of Wiscasset history! This unique and versatile property, nestled in the heart of Maine’s "Prettiest Village," offers three prime commercial spaces and one charming residential unit, all housed in a historic building that has been family-owned for over 70 years. Originally a bustling hardware store, this property is steeped in local heritage and offers boundless potential for investors, business owners, or owner occupied.
Property Highlights:
• Three Commercial Spaces: Ideal for retail, office, or creative ventures. These flexible spaces offer high visibility in a vibrant coastal village that draws tourists and locals year-round. Two units are presently rented with high interest for the third unit.
• Charming Residential Unit: Enjoy the convenience of living on-site in a cozy residence with historic charm. Perfect for an owner-occupier or as a rental for additional income.
• Prime Location: Located near Wiscasset’s Main Street, a popular destination known for its scenic views, boutique shops, and proximity to the coast. The property benefits from high foot traffic, especially during peak tourist season.
• Historical Significance: The building has been a cornerstone of the community, owned and operated by the same family for over seven decades. With its rich history and character, this property is a rare find.
• Coastal Charm: Wiscasset offers a quintessential New England coastal experience, with nearby attractions including art galleries, restaurants, and scenic waterfront views.
Whether you're looking to expand your business, invest in income-generating properties, or become part of Wiscasset's vibrant community, this historic gem presents an unparalleled opportunity. Don't miss out on owning a piece of Maine’s coastal charm!
Contact us today for more information or to schedule a viewing.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,248 SF
Building Class
C
Year Built/Renovated
1800/1990
Price
$1,848,600 CAD
Price Per SF
$296 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.39
Lot Size
0.06 AC
Zoning
VILLAGE I - The V-1 District in Wiscasset, Maine is a mixed-use area that allows for both residential and nonresidential uses.
Frontage
43 ft on Water St
Amenities
- Air Conditioning
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49 Water St
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