4 Colonial Way, Machias, ME 04654

$1,000,000
Property Type: Multi-Family Baths: 4 Square Footage: 13,226 Lot Size (sq. ft.): 16,988 Status: Active
Current Price: $1,000,000 List Date: 12/12/2025 Last Modified: 2/18/2026

Description

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.

Supplements: ********

More Information MLS# 1646499

Location Information

Book: 4230 Leased Land: No Page: 258 Map: 11 Lot: 74 Zoning Overlay: Yes Association: No Tree Growth Y/N: No Street #: 4 Street Name: Colonial Street Type: Way County: Washington Town: Machias State/Province: ME Zip Code: 04654 Zoning: commercial Full Tax Amount $: 6874.84 Tax Year: 25 Geo Lat: 44.714193 Geo Lon: -67.458545

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Number of Units: 4 Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 0.39 Total Baths: 4 Total Half Baths: 0 Color: Blue SqFt Finished Above Grade: 13226 SqFt Finished Below Grade: 0 SqFt Source: Other Other Source of Square Footage: Appraisal Furniture: Unfurnished Garage: No Garage Spaces: 0 Total Full Baths: 4 Year Built: 1928 SqFt Finished Total: 13226 Source of Acreage: Public Records

Levels

Multi-Level: 1

Site

Open: 1 Rolling/Sloping: 1 Well Landscaped: 1

Location

Business District: 1 Historic District: 1 Near Shopping: 1 Retail Strip: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: Yes Water Body Name: Machias River

Water Body Type

River: 1

Recreational Water

Nearby: 1

Style

Federal: 1

Construction

Wood Frame: 1

Basement

Partial: 1 Unfinished: 1

View

Scenic: 1

Foundation Materials

Poured Concrete: 1 Stone: 1

Exterior

Asbestos: 1 Wood Siding: 1

Roof

Flat: 1 Other: 1

Heat System

Baseboard: 1 Forced Air: 1 Hot Water: 1 Zoned: 1

Building Info

# Stories: 3 # Floors: 3 # Heating Units: 1 # Water Heaters: 1

Heat Fuel

Oil: 1

Income & Expenses

Gross Income: 1 Operating Expenses: 1

Cooling

None: 1

Floors

Carpet: 1 Tile: 1 Wood: 1

Units

# of 1 BD Units: 2 # of 2 BD Units: 2

Parking

11 - 20 Spaces: 1 On Site: 1

Unit 1

Lease: No Level: Third Security Deposit: Yes Monthly Rent: 900 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1 On Site: 1

Unit 2

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 900 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

No Gas: 1

Unit 4

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

Paved: 1

Restrictions

Pet: 1

Basement Entry

Exterior Only: 1

Water Heater

Heat Pump: 1 Off Heating System: 1 Tank: 1

Amenities

One-Floor Living: 1 Shower: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 1000000 List Price: $1,000,000 Current Price: $1,000,000

Property Features

Site: Open; Rolling/Sloping; Well Landscaped Location: Business District; Historic District; Near Shopping; Retail Strip Roads: Paved; Public Water Body Type: River Recreational Water: Nearby View: Scenic Style: Federal Levels: Multi-Level Construction: Wood Frame Basement: Partial; Unfinished Basement Entry: Exterior Only Foundation Materials: Poured Concrete; Stone Exterior: Asbestos; Wood Siding Roof: Flat; Other Heat System: Baseboard; Forced Air; Hot Water; Zoned Heat Fuel: Oil Water Heater: Heat Pump; Off Heating System; Tank Cooling: None Floors: Carpet; Tile; Wood Amenities: One-Floor Living; Shower Driveway: Paved Parking: 11 - 20 Spaces; On Site Vehicle Storage: No Vehicle Storage Restrictions: Pet Electric: Circuit Breakers; On Site Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: Better Homes & Gardens Real Estate/The Masiello Group
IDX
Last Updated: February - 18 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.