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    4 Colonial Way Machias, ME 04654

    New
    For Sale
    $1,000,000

    MULTI_FAMILY - Federal - Machias, ME

    Property size:
    13,226 SF
    Lot size:
    0.39 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 4 Colonial Way

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    commercial
    Rooms
    Basement, Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4
    Pets allowed
    Yes
    Interior features
    One-Floor Living, Shower
    Basement
    Unfinished, Partial
    Size
    13,226 SF
    Lot size
    0.39 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Forced Air, Zoned, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1928
    Floors in Building
    3
    Number of units
    4
    Flooring type
    Tile, Carpet, Wood
    Building materials
    Wood Siding, Asbestos, Wood Frame
    Roof type
    Flat
    Architectural style
    Federal

    RE/MAX Hills and Harbors Realty (207) 664-0434 [email protected]

    Listing agent Karen Eldridge (207) 255-8133

    Listing date Dec 12, 2025

    MLS# 1646499 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Machias, ME

    This three-story mixed-use building is located in Machias, ME. The property, situated on 0.39 acres, contains 13,226 square feet of space. The building houses six street-level commercial spaces and four apartments, including two one-bedroom units and two two-bedroom units. The property is currently 100% occupied and profitable. Its architecture is visible from many locations in town. The building is located in the central walking riverfront and Bad Little Falls Park (Main Street) business district, close to concerts, events, shopping, restaurants, and banking. The zoning is commercial, allowing for a variety of business uses.
    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
    -67.458588
    Latitude
    44.714256

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      Riverfront Mixed-Use Building in Machias

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

      Three-story mixed-use building in historic Machias, Maine with high occupancy.
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    • New
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      Riverfront Commercial and Residential Building

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    • $325,000
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    FAQs

    What type of property is this?
    Mixed-use property - Three-story commercial building with retail and residential units for sale.
    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 town, central to events and amenities; - **13,226 sq. ft. building with 6 commercial spaces and 4 apartments**; - Proven 100% occupancy and profitability
    (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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