This exquisitvely maintained 3-story commercial building represents a unique business opportunity! As this beautiful river front historical town enters a new period of growth and restoration, this commercial and residential building dominates the central walking riverfront & Bad Little Falls Park (Main Street), and business district. This location is central to concerts, events, shopping, restaurants, and banking (just a gentle stroll). The building (13,226 sq. Ft.) houses 6 street entry level commercial spaces and 4 apartments (2-1 bdrm, 2-2 bdrm). This business is proud to say that there is (and has been consisently) 100% occupancy, and it is profitable. The building's striking architecture is visible from most in-town locations, and it's historical value is invaluable. Note: Income/Expenses for apartments & commercial spaces combined are available to qualified buyers.
Active
$1,000,000
4 Colonial Way, Machias, ME 04654
6beds
13,226sqft
Est.:
Multi Family
Built in 1928
-- sqft lot
$-- Zestimate®
$76/sqft
$-- HOA
What's special
Striking architecture
- 97 days |
- 269 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: February 18, 2026 at 10:24am
Listed by:
Better Homes & Gardens Real Estate/The Masiello Group
Source: Maine Listings,MLS#: 1646499
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Forced Air, Hot Water, Zoned
Cooling
- None
Features
- Flooring: Carpet, Tile, Wood
- Basement: Exterior Entry
- Has fireplace: No
Interior area
- Total structure area: 13,226
- Total interior livable area: 13,226 sqft
- Finished area above ground: 13,226
- Finished area below ground: 0
Property
Features
- Levels: Multi/Split
- Stories: 3
- Has view: Yes
- View description: Scenic
- Body of water: Machias River
Lot
- Size: 0.39 Acres
- Features: Business District
Details
- Zoning: commercial
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Federal
- Property subtype: Multi Family
Materials
- Roof: Flat,Other
Condition
- Year built: 1928
Utilities & green energy
- Electric: On Site, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Machias
Financial & listing details
- Price per square foot: $76/sqft
- Annual tax amount: $6,874
- Date on market: 12/12/2025
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Listed for sale | $1,000,000+174%$76/sqft |
Source:  Maine Listings #1646499 Report a problem | ||
| 2/11/2016 | Sold | $365,000$28/sqft |
Source: Maine Listings #1244536 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$6,090/mo
Principal & interest
$5157
Property taxes
$933
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Climate risks
Neighborhood: 04654
Nearby schools
GreatSchools rating
- 6/10Rose M Gaffney SchoolGrades: PK-8Distance: 0.5 mi
- 1/10Machias Memorial High SchoolGrades: 9-12Distance: 0.5 mi
Local experts in 04654
- Maine
- Washington County
- Machias
- 04654
- 4 Colonial Way
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