Property profile

25 Main St Machias, ME 04654

OFF-MARKET
Commercial real estate
Property ID
US42-0220083
0.21 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 3,039 square foot mixed-use building at 25 Main Street, Machias, ME, presents a unique investment opportunity. Situated on a 0.21-acre lot, this property boasts a prime location directly on Main Street (Route 1), the town's central thoroughfare. The building has served as a thriving commercial space for over a century, previously housing a hardware store and various other retail shops, all benefiting from street-level plate glass storefronts. A second-floor suite has accommodated offices, including professional services. An unfinished third floor offers significant potential for conversion into residential space, potentially an owner's apartment with views of Bad Little Falls. The basement provides access to municipal parking. Recent improvements include upgrades to the heating and roofing systems. The property's history and location within a growing coastal Maine town offer strong potential for future growth and revenue. The adjacent Machias River General may also be available for purchase

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.21 ac (9,148 SF)
Zoning code NONE
APN MCHA M:012 L:024
UPID US42-0220083

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Discount Store
  • Clothing Store
  • Grocery & Convenience Store Food Market
  • Building Supply Hardware & Home Improvement
  • Real Estate Agency

Location

25 Main St Machias, ME 04654-1165
Machias metro Census 956200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2019
2 recorded transactions
2025
Price N/A
2019
Price N/A

Zoning & alternative use

NONE · Machias, ME

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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