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Bean Group
Offered at $1,100,000Active
beds
2
baths
4
sq ft
4,964
Built
1887

73 Water Street

Eastport, ME 04631

About this home

Step back in time & enter the world of the ES Martin building, one of two Italianate cornerstone buildings in Eastport Maine's historic downtown & a central feature of Eastport's downtown for over 150 years. Exhaustively & lovingly restored & renovated by its current owner, the building features 5000 sf of living & commercial space. The building sits on the edge of Passamaquoddy Bay directly between Water Street & Eastport's Sea Walk. America's first sunrise greets you every morning in astonishing displays of color & light. Current tenant on the ground & Water Street floors is Phoenix Fine Wines, one of Eastport's most beloved stops for trivia, music, great wine & a locally sourced scratch kitchen. Fully rebuilt in 2021, the Wine Bar features huge picture windows overlooking the bay, ½ bath on each floor as well as seaside decks for outdoor dining. The owner's duplex is reached from a private Water Street entrance & accessible from the commercial space. It features two decks of 8 feet deep fully rebuilt in 2021, offering unparalleled views of Passamaquoddy Bay, Campobello Island, Eastport's fishing fleet, & all manner of marine life. Two bedrooms in the loft style apartment, exposed brick walls, new hardwood red oak floors & 2 full baths create over 2400 sf of gracious & comfortable living space which could be divided into 2 rental units by a new owner. Other features include, LG refrigerator & induction range, Bosch dishwasher, jacuzzi, custom built Andersen & Marvin windows & doors & cedar closet. In addition to the the rebuilding of decks, water frontage structure, dormers, doors & windows, major recent upgrades include spray foam insulation underneath the building (2023), repointing & repair of firebreaks (2026), interior repointing (2023), raising of the building (2021), replacement of carrying beams (2021) & Anker Solix back up batteries (2025). Roof from Roofing Systems of Bangor Maine & Buderus Oil Burner both date to 2017.

Listing last checked: Listing updated:

Listed by Listing Agent · The Christopher Group, LLC · MLS #1684962

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Details at a glance

Interior5 property facts
Rooms
7
Heating
Electric, Oil, Baseboard, Heat Pump, Hot Water, Radiant
Cooling
Heat Pump
Flooring
Tile, Vinyl, Hardwood
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1887
Garage
0
Foundation
Pillar/Post/Pier
Roof
Membrane, Shingle
Land & utilities4 property facts
Lot size
0.03 acres
Water
Public
Sewer
Public Sewer
Zoning
B1
Financial2 property facts
Annual taxes
$6,012
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $1,100,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,063 / monthAdjust
Principal & interest
$5,562
Property tax
$501
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $6,012. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 73 Water Street

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