$1,023,000

Maine's last sardine industry giant & adjacent land are poised on the easternmost edge of America overlooking Passamaquoddy Bay. Here, the sturdy treasure greets the high tides of the great Bay of Fundy as it faces Campobello Island, Canada, welcoming the nation's first sunrise to Maine's smallest city. The industrial landmark is famous for its role in innovating the ''roll-top can,''which became the gold standard for the industry. The American Can Company building comprises .69 of the 1.3 acres and 535 feet of water frontage for sale, & is one of 31 buildings in the Eastport Historic District. Erected by the Seacoast Canning Company when it was the largest in the industry, the structure includes 20-inch thick brick walls, rough-cut granite window sills, & a heavy timber structural system signaling a sense of prosperity & permanence. The entire property consists of 5 parcels. The only remaining structure is the 30,000 square foot vacant can factory, built in 1908 & named one of Maine Preservation's most endangered historic places in 2022. The building has a basement with a concrete floor, two portions of which were heated - one with electric heat, the other propane. The first floor has concrete flooring and the second has wooden flooring. It is equipped with a concrete pier, located on the eastern site of the building and is supported by 139 concrete pilings. The property is served by electricity, public water and sewer. Phase I & II Environmental Assessments; Surface Coatings Study; estimates for stabilization and repair, design plans for an adaptive reuse project are available. Named the Lantern on the Pier, the revitalization includes plans for retail, conference, hotel & apartment spaces. The Maine Department of Tourism awarded the sellers, who purchased the property in 2005, for ''being the spark that launched the restoration of downtown Eastport.'' Come join the ascendency of this exquisite part of Maine.