49-55 Water Street, Eastport, ME 04631, Eastport, Maine, United States. - Hero Image
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49-55
Water Street
Eastport | Maine

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Elizabeth Banwell
Elizabeth Banwell
Presented At
$750,000
Bathrooms
3
Living
4,312
SQFT
Office
High Ceiling
Fitness Center / Gym
Laundry Room
Game Room
Terrace
Garden
Balcony
Water View
Waterfront
49-55 Water Street, Eastport, ME 04631, Eastport, Maine, United States. - Photo 1
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49-55 Water Street, Eastport, ME 04631, Eastport, Maine, United States. , Eastport , Maine

49 55 Water Street

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: 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 suites on the second floor. Each suite offers stunning water views, complete with decks, two bedrooms, 2 full baths, kitchen, 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.

Gallery

3D Street View Tour

Map showing 49-55 Water Street, Eastport, ME 04631, Eastport, Maine, United States.

Property Location

49-55 Water Street, Eastport, ME 04631, Eastport, Maine, United States., Eastport Maine

Local Weather & Climate

Eastport, Maine

Current Conditions Updated recently
16 °F
Overcast clouds
Feels Like 3°F
Humidity 66%
Wind 20 mph
Visibility 6.2 mi
Sunrise 11:50 AM
Sunset 9:31 PM
5-Day Forecast
Fri 30 Jan
Clouds
High 17°
Low 9°
Sat 31 Jan
Clouds
High 22°
Low 10°
Sun 1 Feb
Clouds
High 23°
Low 12°
Mon 2 Feb
Clouds
High 31°
Low 22°
Tue 3 Feb
Clouds
High 31°
Low 22°
Annual Climate Based on last 12 months
39° Avg Low
Jan
53° Avg High
Jul
152 Rainy Days
per year
Arid
Semi-Arid
Moderate
Wet
49.8" Annual Rainfall
Moderate climate
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57 Snow Days
per year
Monthly Temperatures
Jan
29°
16°
Feb
31°
16°
Mar
41°
26°
Apr
49°
35°
May
61°
45°
Jun
69°
53°
Jul
76°
59°
Aug
76°
61°
Sep
66°
53°
Oct
58°
47°
Nov
46°
34°
Dec
33°
18°
Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Eastport?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

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%
$100,000
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Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
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  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Frequently Asked Questions

Common questions about this property

This property offers 4,312 square feet of living space.
This property is listed at $75,000,000, which equals $17393 per square foot.
Eastport features a pleasant climate. Average temperatures range from 39°F in winter to 53°F in summer. The area receives approximately 49.8 inches of precipitation annually. There are about 152 days with rain throughout the year. Expect around 57 days with snow. This climate information can help you plan for seasonal activities and energy costs.
Eastport tends to be warmest in Jul and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.
This is a house located in Eastport, Maine. The property is situated in an established neighborhood with convenient access to local amenities and services.
Elizabeth Banwell

Elizabeth Banwell

Legacy Properties Sotheby's International Realty

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Sandra Wendland

Sandra Wendland

Legacy Properties Sotheby's International Realty

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