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    6 Colonial Way Machias, ME 04654

    For Sale
    $420,000

    COMMERCIAL - Machias, ME

    Property size:
    9,000 SF
    Lot size:
    0.29 Acres
    Days on Market:
    141
    Last Refresh:
    Dec 9 at 8:06 am

    Property Features for 6 Colonial Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Accessibility
    Accessible Approach with Ramp
    Size
    9,000 SF
    Lot size
    0.29 Acres

    Utilities

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

    Building Details

    Year built
    1928
    Flooring type
    Wood, Vinyl
    Building materials
    Wood Siding, Brick, Masonry, Wood Frame
    Roof type
    Tar/Gravel

    ERA Dawson Bradford Co., Realtors (207) 947-6788 [email protected]

    Listing agent Nancy Roe (207) 947-6788

    Listing date Jul 22, 2025

    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

    Historic Machias Mixed-Use Landmark

    This three-story building, constructed in 1928, is located in the heart of Machias. Known locally as the old 5 & 10, the 9,000 square foot property has a history of diverse uses, including retail shops, doctors' offices, a bakery, and a funeral parlor. The first floor, accessible from 3 Water Street, is a large open space currently configured as a tech workshop, divided by temporary walls and cubicles. The second floor, accessible from 6 Colonial Way, is split into two units separated by a shared foyer, one housing professional office space and the other a craftsman's studio. Both floors are currently rented, generating income. The third story, upgraded with new electrical, is a blank slate suitable for apartments, studios, or additional office space. It has its own private entrance on Colonial Way and captures natural light. The building retains original architectural details and historical charm. Situated on a 0.29-acre lot, this Machias landmark offers potential for investors or developers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Downeast Coastal Conservancy Non-Profit Organization Axiom Education & Training ... School

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Building Supply Auto Repair Shop Clothing Store Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Machias
    County
    Washington
    State
    Maine
    Longitude
    -67.4588651
    Latitude
    44.7141902

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    FAQs

    What type of property is this?
    Mixed-use property - Three-story mixed-use building in the heart of Machias, Maine.
    Where is this mixed-use property located?
    The property is located at 6 Colonial Way Machias, ME.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: - Income-generating property with currently rented first and second floors.; - Third floor is a blank slate, down to the studs with new electrical, ready for apartments, studios, or office space.; - Flexible first-floor space adaptable for various uses (currently a tech workshop).
    (207) 947-6788
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    6 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
    6 Colonial Way Machias, ME 04654
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