25 Main St, Machias, ME 04654-1165
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
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Luna Boutique LLC Discount Store
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Risen Rose Boutique Clothing Store
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Machias River General Grocery & Convenience Store Food Market
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Machias Hardware Co Building Supply Hardware & Home Improvement
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Points East Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
NONE · Machias, MEMachias. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.