4 Colonial Way, Machias, ME 04654 (MLS# 1646499)

4 Colonial Way, Machias, ME 04654

$1,000,000

Commercial Space #3. Mahoney's Gaming Emporium

Commercial Space # 4. Columbia Falls Pottery

Commercial Space #5. Be Well With Jonelle

Commercial Space # 6. Ray Foster Antiques & Fine Art

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

Overview

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.

Listing Details MLS# 1646499

Location Information

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

Contract Information

Original List Price: 1000000

Property Information

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

Water Info

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

Building Info

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

Units

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

More Information

Unit 1

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

Unit 2

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

Unit 3

Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1200
# Full Baths: Yes
# 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

Unit 4

Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1200
# Full Baths: Yes
# 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
Water: Yes
Sewer: Yes

Utilities

Utilities On: Yes

Levels

Multi-Level: Yes

Site

Open: Yes
Rolling/Sloping: Yes
Well Landscaped: Yes

Location

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

Roads

Paved: Yes
Public: Yes

Water Body Type

River: Yes

Recreational Water

Nearby: Yes

Style

Federal: Yes

Construction

Wood Frame: Yes

Basement

Partial: Yes
Unfinished: Yes

View

Scenic: Yes

Foundation Materials

Poured Concrete: Yes
Stone: Yes

Exterior

Asbestos: Yes
Wood Siding: Yes

Roof

Flat: Yes
Other: Yes

Heat System

Baseboard: Yes
Forced Air: Yes
Hot Water: Yes
Zoned: Yes

Heat Fuel

Oil: Yes

Income & Expenses

Gross Income: 1
Operating Expenses: 1

Cooling

None: Yes

Floors

Carpet: Yes
Tile: Yes
Wood: Yes

Parking

11 - 20 Spaces: Yes
On Site: Yes

Electric

Circuit Breakers: Yes
On Site: Yes

Gas

No Gas: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Paved: Yes

Restrictions

Pet: Yes

Basement Entry

Exterior Only: Yes

Water Heater

Heat Pump: Yes
Off Heating System: Yes
Tank: Yes

Amenities

One-Floor Living: Yes
Shower: Yes

Vehicle Storage

No Vehicle Storage: Yes

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

Documents

4 COLONIAL WAY PROP PKG ›

IDX

Listing Office: Better Homes & Gardens Real Estate/The Masiello Group

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 ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.