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Property profile

101 Court St Machias, ME 04654

OFF-MARKET
Mixed-use properties
Property ID
US42-0403728
6,166 SF 1.27 ac lot Built 1868
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Property summary

AI-generated overview

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 profile

Verified
Property type Mixed-use properties
Year built 1868
Total area 6,166 SF
Lot 1.27 ac (55,321 SF)
UPID US42-0403728

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

101 Court St Machias, ME 04654
Machias metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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