54 North St Machias, ME 04654
- Mixed-use properties
- 4,062 SF
- 1.14 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 54 North St
- Year built
- 1970
- Lot size
- 1.14 lot acres
- Property size
- 4,062 SF
- Property type
- Mixed-use properties
Description
This exceptional 4,062 square foot mixed-use building is ideally situated in downtown Machias, Maine, offering unparalleled convenience and versatility. The two-level structure boasts multiple office spaces, two expansive gathering areas, and a large, well-equipped kitchen. Abundant heated storage is available, presenting a multitude of possibilities for future use. The property's current configuration lends itself to a variety of uses, including a congregational facility, meeting hall, retail space, or office complex. Further potential exists for conversion into medical office suites, apartments, a recreational facility, restaurant, catering business, or light manufacturing facility. The building's strong construction and ample natural light create a welcoming and functional environment. The expansive 1.14-acre lot is currently half-utilized, offering significant potential for expansion. This added space could easily accommodate a community gathering area, park, or additional parking to support a future development. Located within walking distance of downtown amenities and five minutes from public services, this property presents a rare opportunity for significant return on investment. Priced affordably at $265,000 ($77 per square foot), this is a compelling opportunity for a savvy investor or business owner seeking a prime location and versatile space.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Machias
- County
- Washington
- State
- Maine
- Longitude
- -67.46096
- Latitude
- 44.71728