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Riverfront Commercial and Residential Building

4 Colonial Way, Machias, ME 04654

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For Sale

$1,000,000

MULTI_FAMILY - Federal - Machias, ME

Property size:

13,226 SF

Lot size:

0.39 Acres

Price / SF:

$75/SF

HighLights

13,226 sq. ft. 3‑story commercial and residential building with 6 street‑level commercial spaces and 4 apartments
Apartment mix: 2 one‑bedroom units and 2 two‑bedroom units
Building has consistently 100% occupancy and is described as profitable (income/expenses available to qualified buyers)
Federal architectural style; wood frame construction with wood siding and asbestos materials
Forced‑air and hot water heating, plus zoned heating; oil heat
Public water and public sewer; flat roof

We can help!

Contact an agent

Karen Eldridge

For Sale

$1,000,000

MULTI_FAMILY - Federal - Machias, ME

Property size:

13,226 SF

Lot size:

0.39 Acres

Price / SF:

$75/SF

Added:: Feb 18, 2026
Days on Market:: 129
Last Refresh:: Jun 27 at 9:06 pm

Property Features for 4 Colonial Way

General Information

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

Taxes and HOA fees

Tax Year: 25
Tax Annual Amount: 6875

Utilities

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

Building Details

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

We can help!

Contact an agent

Karen Eldridge

Listing agent Karen Eldridge

Listing office Better Homes & Gardens Real Estate/The Masiello Group 63 Dublin St. Suite 4, Ellsworth, ME

Listing date Feb 18, 2026

MLS# 1646499 Listing URL

HighLights

13,226 sq. ft. 3‑story commercial and residential building with 6 street‑level commercial spaces and 4 apartments
Apartment mix: 2 one‑bedroom units and 2 two‑bedroom units
Building has consistently 100% occupancy and is described as profitable (income/expenses available to qualified buyers)
Federal architectural style; wood frame construction with wood siding and asbestos materials
Forced‑air and hot water heating, plus zoned heating; oil heat
Public water and public sewer; flat roof

Overview

This exquisitely maintained 3-story commercial building presents a unique business opportunity in a riverfront historical town experiencing growth and restoration. The building, with a size of 13,226 square feet, dominates the central walking riverfront and Bad Little Falls Park in the Main Street business district. Its location is central to concerts, events, shopping, restaurants, and banking. The building houses 6 street-entry-level commercial spaces and 4 apartments, consisting of 2 one-bedroom units and 2 two-bedroom units. The property has consistently maintained 100% occupancy and is profitable. The building's striking architecture is visible from most in-town locations, and its historical value is invaluable. The lot size is 0.39 acres. The zoning is commercial. Income and expenses for apartments and commercial spaces combined are available to qualified buyers.

Property Profile Location Intelligence

Current Use by Public Records

Northwestern Mutual Financial Advisor Wooleez of Maine (Bike/Boat/Book/etc) Store New Leaf Counseling ... Family Counselor New Leaf Counseling ... Family Counselor The French Cellar Specialty Food Shop

Suggested Use

Location Insight

Map
Local Demand

City: Machias
County: Washington
State: Maine
Longitude: -67.458588
Latitude: 44.714256

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For sale
Mixed-use properties
ME
Machias
04654
4 Colonial Way

What type of property is this?

Mixed-use property - Profitable, exquisitely maintained mixed-use building in a growing historical town.

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 sq. ft. 3‑story commercial and residential building with 6 street‑level commercial spaces and 4 apartments; Apartment mix: 2 one‑bedroom units and 2 two‑bedroom units; Building has consistently 100% occupancy and is described as profitable (income/expenses available to qualified buyers)

4 Colonial Way, Machias, ME 04654

MULTI_FAMILY - Federal - Machias, ME

Property Features for 4 Colonial Way

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Historic Office Residence

Mixed-Use Building in Machias, Maine

Historic Mixed-Use Building

Riverfront Mixed-Use Building in Machias

Riverfront Commercial and Residential Building

Office Building with Separate Apartment

Versatile Commercial Building on Large Lot

Elegant Greek Revival with Office

Versatile Mixed-Use Property in Machias

Versatile Commercial Building in Machias

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