Three-Story Mixed-Use
For Sale
$1,000,000
4 Colonial Way, Machias, ME 04654
Machias, ME
Property Size13,226 SF
Price / SF$75.61
Days on Market256
Property Features for 4 Colonial Way
General Information
Property type
Commercial Sale
Property subtype
Retail
Standard status
Active
Size
13,226 SF
Building Details
Year built
1928
Listing Agency:
Machias, Maine · Better Homes and Gardens Real Estate
(207) 255-8133
Listed By:
Karen Eldridge
(207) 255-8133
Added: Dec 11, 2025
Changed: Aug 24
Last Checked: Aug 24 at 8:06PM
MLS# 1646293
Copyright © 2026 Better Homes and Gardens-The Masiello Group. 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.
Located at 4 Colonial Way in Machias, this three-story mixed-use property contains 13,226 square feet of commercial and residential space. Six commercial spaces open directly to the street, while the upper portions include four apartments: two one-bedroom units and two two-bedroom units. Constructed in 1928, the building features historic architecture and a riverfront position near Bad Little Falls Park.
The property sits along Main Street in the town’s business district, within walking distance of shopping, restaurants, banking, concerts, and community events. The commercial-residential configuration provides a combination of storefront and apartment space in a prominent downtown setting. The building is reported at 100% occupancy.
The property sits along Main Street in the town’s business district, within walking distance of shopping, restaurants, banking, concerts, and community events. The commercial-residential configuration provides a combination of storefront and apartment space in a prominent downtown setting. The building is reported at 100% occupancy.
Key Highlights
- 13,226‑square‑foot mixed‑use building constructed in 1928
- Six street‑entry commercial spaces
- Four apartments: two one‑bedroom and two two‑bedroom units
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
14k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 27%
Electronics 11%
Shell
Shops & Services
6,338 visits/mo
0.1 miles
SUBWAY
Dining
3,678 visits/mo
0.3 miles
Machias Savings Bank
Shops & Services
2,155 visits/mo
0.1 miles
U.S. Cellular
Electronics
1,581 visits/mo
0.3 miles
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines street-level commercial suites with four apartments in a historic riverfront setting.
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‑square‑foot mixed‑use building constructed in 1928; Six street‑entry commercial spaces; Four apartments: two one‑bedroom and two two‑bedroom units
