luxury real estate for sale Eastport, United States

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.

Join in the renaissance of Maine's most eastern city by investing in this handsome, 4,313 sq-ft, 2-story commercial building in the heart of Eastport's waterfront historic district. Named ''The Commons'' by the local women who purchased the building 20 years ago, the 1886 landmark is a symbol of tenacity & commitment to the community. It stands among the other 31 red brick buildings that comprise Eastport's historic district. The building offers 4 distinct commercial spaces: 2, 2-bedroom short-term rental suites with decks & water views; and 2 street-level businesses. The interior was fully renovated in 2003/2004, and the exterior north wall completely rebuilt then. Impeccably maintained, the owners have made other significant improvements, including: replacement of the rubber membrane roof; electrical upgrades; two new boilers 2021, and repainting the exterior trim 2023. Viable, ongoing businesses are on both levels - an art gallery & online shop featuring local artists, and a street-level commercial space with multi-year lease in place, along with additional office space, shared kitchenette & bathroom. Two vacation suites with kitchens, living rooms, furnishings, & appliances, are on the second floor. (The art gallery is for sale separately.) At the owners' expense, the building's exterior south wall is in the process of being removed and rebuilt. Contracts are in place with a professional architect, builder & mason, and are available to review by serious buyers. If the building sells before the work is completed, funds for the repairs will be held in escrow by the title company to be paid after completion. Don't miss an incredible opportunity to own this special income producing property! Bring your own vision to the picturesque setting where downtown commercial spaces vie for attention with the sweeping water vistas that extend beyond the deepwater harbor and working waterfront out to Campobello and Deer Islands, Canada.