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    101 Court St Machias, ME 04654

    Sponsored
    For Sale
    $350,000

    Prime Location, Huge Potential, 6,166 sq ft

    Property size:
    6,166 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This stunning 6,166 square foot mixed-use property, known as the Clark Perry House, presents a unique investment opportunity in the heart of Machias, Maine. Situated on a generous 1.27-acre lot, this historic Italianate-style building boasts ample parking. The exterior has been beautifully restored, featuring a brand-new roof, showcasing its timeless elegance. The residential portion of the property, while requiring some attention, retains many original historical details. Inside, you'll find large rooms with high ceilings, hardwood floors, and a charming fireplace in the front parlor. A grand main entrance hall leads to a beautiful staircase ascending to the second floor, with additional rooms on a full third floor. The substantial commercial space, previously occupied by a brewery and bar, offers versatile options for a variety of businesses. Its prime in-town location and significant size make this property ideal for a discerning investor seeking a blend of historical charm and modern commercial potential. The ample parking on the expansive lot adds to its appeal. This is a rare chance to own a piece of Machias history and capitalize on its significant upside. The property's size and location offer considerable flexibility for future development and adaptation. Don't miss this exceptional opportunity.

    Property Features for 101 Court St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    6,166 SF
    Lot Size
    55,321 SF

    Building Details

    Year Built
    1868
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    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
    -67.46078
    Latitude
    44.71539

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Location, Huge Potential, 6,166 sq ft
    Where is this mixed-use property located?
    The property is located at 101 Court St Machias, ME.
    What is the asking price?
    The asking price for this property is $350,000.
    (207) 853-2626
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    101 Court St Machias, ME 04654
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    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
    101 Court St Machias, ME 04654
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