Three-Story Mixed-Use
For Sale
$1,000,000
4 Colonial Way, Machias, ME 04654
COMMERCIAL - Machias, ME
Property Size13,226 SF
Price / SF$75.61
Days on Market238
Property Features for 4 Colonial Way
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
13,226 SF
Building Details
Year built
1928
Listing Agency:
Machias, Maine · Better Homes and Gardens Real Estate
(207) 255-8133
Listed By:
Karen Eldridge
(207) 255-8133
Added: Dec 11, 2025
Changed: Aug 1
Last Checked: Aug 6 at 10:06AM
MLS# 1646293
Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-story mixed-use building was built in 1928 and is presented as exquisitely maintained. The building totals 13,226 SF and is configured with six street entry level commercial spaces and four apartments. The apartment mix includes two one-bedroom units and two two-bedroom units.
The property is located on the central walking riverfront, and it is described as dominating the area near Bad Little Falls Park and Main Street. It is positioned within the business district with nearby access to events, shopping, restaurants, and banking.
The building is reported to have consistently 100% occupancy, supporting ongoing revenue generation from the combination of street-level retail space and residential units.
The property is located on the central walking riverfront, and it is described as dominating the area near Bad Little Falls Park and Main Street. It is positioned within the business district with nearby access to events, shopping, restaurants, and banking.
The building is reported to have consistently 100% occupancy, supporting ongoing revenue generation from the combination of street-level retail space and residential units.
Key Highlights
- 13,226 SF three‑story mixed‑use building built in 1928
- Six street entry level commercial spaces
- Four apartments: two 1‑bedroom and two 2‑bedroom units
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
Business Placement
Demographics for 04654, ME
3,312
Population
1,928
Households
1.7
Avg Household Size
45
Median Age
25%
College-Educated
89%
High-School Grad
120.8 sq mi
ZIP Area
27
Density / Sq Mi
$48,049
Median Household Income
$28,889
Median Earnings
$721
Median Rent
$164,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Well-maintained three-story building with six street-level commercial spaces and four apartments, consistently 100% occupied.
Where is this mixed-use property located?
The property is located at 4 Colonial Way Machias, ME.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 13,226 SF three‑story mixed‑use building built in 1928; Six street entry level commercial spaces; Four apartments: two 1‑bedroom and two 2‑bedroom units
