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    4 Colonial Way Machias, ME 04654

    New
    For Sale
    $1,000,000

    Business - Machias, ME

    Type:Business
    Property size:
    13,226 SF
    Lot size:
    16,988.00 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 4 Colonial Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Size
    13,226 SF
    Lot size
    16,988.00 Acres

    Utilities

    Heating system
    Baseboard, Forced Air, Hot Water (Heating), Zoned (Heating)

    Building Details

    Year built
    1928
    Flooring type
    Carpet, Tile, Wood
    Roof type
    Other
    Architectural style
    Other

    Better Homes and Gardens-The Masiello Group (800) 741-1540 [email protected]

    Listing agent Karen Eldridge (207) 255-8133

    Listing date Dec 11, 2025

    MLS# 1646293 Listing URL

    Copyright © 2025 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.

    Overview

    Riverfront Commercial and Residential Building

    This meticulously maintained three-story commercial building presents a unique business opportunity in the historical town of Machias. Situated on the central walking riverfront and adjacent to Bad Little Falls Park in the Main Street business district, the building is conveniently located near concerts, events, shopping, restaurants, and banking. The 13,226 square foot building houses six street-level commercial spaces and four apartments, including two one-bedroom and two two-bedroom units. The property reports 100% occupancy and profitability. Its architecture is visible from most in-town locations. The lot size is approximately 0.39 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Northwestern Mutual Financial Planner Wooleez of Maine Yarn Store New Leaf Counseling ... Family Counselor New Leaf Counseling ... Family Counselor The French Cellar Wine Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Machias
    County
    Washington
    State
    Maine
    Longitude
    -67.45861
    Latitude
    44.714281

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      Mixed-Use Building in Machias, ME

      Three-story commercial building with retail and residential units for sale.
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      Riverfront Mixed-Use Building in Machias

      Three-story commercial building with retail and residential units.
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    • New
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      Riverfront Commercial and Residential Building

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    FAQs

    What type of property is this?
    Mixed-use property - Three-story mixed-use building with commercial spaces and apartments in Machias.
    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: - Prime riverfront location in a growing historical district, central to events, shopping, and restaurants.; - Fully occupied and profitable commercial/residential building with 6 commercial spaces and 4 apartments.; - Substantial building size: 13,226 sq. ft.
    (207) 255-8133
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    4 Colonial Way Machias, ME 04654
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4 Colonial Way Machias, ME 04654
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