54 North St, Machias, ME 04654
For Sale
1 / 63
This centrally located commercial building sits within walking distance of all downtown amenities, and within 5 minutes of all public services. The 4,062 square foot 2 level building is especially well-built, spacious, and filled with light. There are multiple office spaces, 2 large gathering spac ... es, a huge well-equipped kitchen, and lots of accessible heated storage available for future use as a congregational facility, meeting hall, retail or office space. Other possibilities for future use might include a conversion into medical office suites, apartments, a recreational facility, catering business, restaurant, or a light manufacturing facility. The huge 1.14 acre lot is only currently half utilized. The added potential space might easily host a community gathering area, park, or additional parking for a converted facility. Very reasonably priced at only $77/square foot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.
