Mixed-Use Building with Street-Level
For Sale
$1,000,000
4 Colonial Way, Machias, ME 04654
Commercial Sale, Machias, ME
Property Size13,226 SF
Lot Size0.39 Acres
Price / SF$75.61
Days on Market184
Property Features for 4 Colonial Way
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
commercial
Rooms
Basement
Basement
Unfinished, Partial
Lot features
Water View, Downtown, Business District, Historic District, Near Shopping, Retail Strip
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
Forced Air, Oil, Hot Water(Heating), Baseboard, Zoned
Water source
Public
Building Details
Year built
1928
Number of units
10
Flooring type
Tile, Wood, Carpet
Building materials
Wood Frame, Asbestos, Wood Siding
Listing Agency:
Better Homes & Gardens Real Estate/The Masiello Group · RE/MAX International
(207) 255-8133
Listed By:
Karen Eldridge
(207) 271-0207
Added: Feb 18
Changed: Aug 19
Last Checked: Aug 21 at 7:06PM
MLS# 1646293
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-story mixed-use building contains 6 street-entry level commercial spaces and 4 apartments, with apartment mix of 2 one-bedroom units and 2 two-bedroom units. The building totals 13,226 square feet and sits on a 0.39-acre lot. Construction is wood frame with wood siding. Interior flooring includes wood, tile, and carpet, and the building features multiple heating types, including hot water heating, forced air, baseboard, oil, and zoned heating.
The property is served by public water and public sewer. Built in 1928, the building includes basement space and is described as having 100% occupancy consistently. Construction materials include asbestos.
The configuration combines street-level retail space with residential apartments in one centrally located downtown setting in Machias, Maine, adjacent to the central walking riverfront and Bad Little Falls Park (Main Street), supporting a live-and-work operating model.
The property is served by public water and public sewer. Built in 1928, the building includes basement space and is described as having 100% occupancy consistently. Construction materials include asbestos.
The configuration combines street-level retail space with residential apartments in one centrally located downtown setting in Machias, Maine, adjacent to the central walking riverfront and Bad Little Falls Park (Main Street), supporting a live-and-work operating model.
Key Highlights
- 13,226 SF three‑story mixed‑use building
- 6 street‑entry commercial spaces plus 4 apartments (2 one‑bedroom, 2 two‑bedroom)
- 0.39‑acre lot with public water and public sewer
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
Business Placement
Demographics for 04654, ME
3,312
Population
1,928
Households
1.7
Avg Household Size
45
Median Age
25%
College-Educated
89%
High-School Grad
120.8 sq mi
ZIP Area
27
Density / Sq Mi
$48,049
Median Household Income
$28,889
Median Earnings
$721
Median Rent
$164,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-story mixed-use building with 6 street-level commercial spaces and 4 apartments, on public water and public sewer.
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 SF three‑story mixed‑use building; 6 street‑entry commercial spaces plus 4 apartments (2 one‑bedroom, 2 two‑bedroom); 0.39‑acre lot with public water and public sewer
