Machias ME Commercial for Sale
$1,200,000
4 Colonial Way Machias, ME 04654
- Type:
- Mixed Use
- Sq.Ft.:
- 13,226
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.39 Acres
- Year built:
- 1928
- Baths:
- MLS#:
- 1611601
View additional info
Courtesy: Trinity Business Brokers
207-922-3276
ADDITIONAL INFORMATION
Discover a rare opportunity to own a piece of history in the heart of downtown Machias. Built in 1928, this meticulously maintained three-story building spans 13,572 square feet and boasts a prime location with excellent visibility on Route One, known locally as Main Street. This vibrant thoroughfare is the lifeline of Machias, ensuring a steady flow of foot traffic and exposure for businesses. The building features a perfect blend of residential and commercial spaces, with four charming apartments and six thriving commercial units, all enjoying 100% occupancy. Each space is thoughtfully designed to preserve the historic charm while providing modern functionality, making it an attractive choice for tenants and visitors alike. Currently, the commercial units are underpriced, averaging just $6 per square foot. However, with leases in place that allow for renewals and rightsizing of rents, this property presents a ripe opportunity for equity growth. By adjusting rents to the market rate of $12 per square foot and achieving an 8% cap rate, the real estate's value could reach an impressive $1.4 million. Recently refreshed with a new coat of paint, the building stands as a testament to its enduring quality and appeal. Its historic character is evident in every detail, offering a unique ambiance that sets it apart from other properties in the area. Whether you're an investor seeking a stable income stream with significant upside potential or a business owner looking for a prestigious location, this property offers unparalleled potential. Embrace the opportunity to own a landmark in Machias, where history and modernity meet in perfect harmony. Don't miss out on this exceptional offering—contact us today to learn more about this iconic property and become a part of its storied legacy.
$350,000
101 Court Street Machias, ME 04654
- Type:
- Mixed Use
- Sq.Ft.:
- 6,166
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.27 Acres
- Year built:
- 1868
- Baths:
- MLS#:
- 1610934
View additional info
Courtesy: Due East Real Estate
207-853-2626
ADDITIONAL INFORMATION
Looking for tremendous potential? Known as the Clark Perry House, this historic Italianate-style home with attached commercial space is situated on large 1.27 acre in-town lot with ample parking. Beautifully restored exterior and new roof. The stately and elegant residential section of the house, which needs attention, features many intact historical features. Large rooms with high ceilings, wood floors and a fireplace in the front parlor. Main entrance hall boasts a beautiful staircase to the second floor. Additional rooms on full third floor. Lots of options for the spacious commercial side of the building, which formerly housed a brewery and bar.
$524,000
20 Canal Street Machias, ME 04654
- Type:
- Other
- Sq.Ft.:
- 1,790
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.91 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 1599394
View additional info
Courtesy: United Country Lifestyle Properties of Maine
207-794-6164
ADDITIONAL INFORMATION
Discover an exciting investment opportunity with unlimited possibilities on the Machias River. This property features a 3-unit apartment building with a first-floor 2-bedroom unit, a second-floor 2-bedroom unit, and a spacious two-story 3-bedroom unit facing the river. The river unit has been completely redone from head to toe and is move-in ready, featuring all new appliances, flooring, paint, and vanities. Ample parking is available, along with a former commercial building and a small shed. A standout feature is the flexible zoning, allowing you to build within 25' of the water's edge. Whether you're considering cabins, a hotel, commercial enterprises, or residential development, this property caters to all. Situated on 1.91 acres of surveyed land, annual taxes are $3,418.62. Don't miss this unique opportunity to invest in a property with boundless potential.
$449,000
206 Dublin Street Machias, ME 04654
- Type:
- Investment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.94 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 1587962
View additional info
Courtesy: NextHome Experience
207-573-7400
ADDITIONAL INFORMATION
Easy to manage Mobile Home Park with plenty of upside potential. Great location close to all amenities. Licensed for 12 homes, currently 10 filled. All units are owner owned.... City Water City Sewer, included with the $350 month lot rent. Great Investment Opportunity.
$349,000
10 Center Street Machias, ME 04654
- Type:
- General Commercial
- Sq.Ft.:
- 8,297
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Baths:
- MLS#:
- 1584568
View additional info
Courtesy: Points East Real Estate
207-255-9099
ADDITIONAL INFORMATION
The centerpiece of this historic structure is a 1635 square foot two story high great room on the third floor. Spacious in its design, elegant in its execution, with intact tin ceilings and pendant lighting, it is awe inspiring. Below it a commercial kitchen and dining hall capable of seating up to 100 guests. And we've only accounted for a bout half of a total of over 8,000 usable square feet. For years this building has served as a meeting place, and served well. Today it awaits your new purpose, with potential for many uses. Events or wellness center? Corporate meeting place? Apartments? Cooperative for shops or vendors? The location lends to many uses. From a site just a few hundred feet from US Routes 1 and 1A., county buildings, courts, local commercial district, and the walkable downtown of Machias are all nearby. A jumping off point to coastal Washington County, Machias is the county seat and home of the University of Maine at Machias. Bar Harbor and Maritime Canada are all easy reach day trips. Some notice is appreciated, but scheduling is easy. Come walk though this historic structure today.
$265,000
54 North Street Machias, ME 04654
- Type:
- Mixed Use
- Sq.Ft.:
- 4,062
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.14 Acres
- Year built:
- 1970
- Baths:
- MLS#:
- 1573043
View additional info
Courtesy: Better Homes & Gardens Real Estate/The Masiello Group
207-255-8133
ADDITIONAL INFORMATION
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 spaces, 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.
$545,000
25 Main Street Machias, ME 04654
- Type:
- Mixed Use
- Sq.Ft.:
- 3,039
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1870
- Baths:
- MLS#:
- 1558890
View additional info
Courtesy: Points East Real Estate
207-255-9099
ADDITIONAL INFORMATION
MAIN STREETS are vital centers of commerce and social connection, important fixtures in the landscape of towns small and large across America. This Main Street in this small town is no exception: when something is happening, it is often happening here. In Machias, Main Street and Route 1 are one and the same, the main artery locally through which traffic flows, from tourists seeking services while enjoying our great outdoors to local residents living their daily lives. 25 Main Street has been a part of that landscape for more than 100 years. During its life, many businesses have flourished inside its walls. Principally a hardware store, other businesses or occupants have included shops of all kinds taking advantage of the street level plate glass store fronts. A suite of second floor offices has included everything from a newspaper to private spaces for counselors and therapists. An unfinished third floor area would make the perfect owner's apartment, with elevated views possible over Bad Little Falls above and below. Unused spaces are fresh palettes, opportunities to add to the utility and revenue of this historic structure. The basement level opens to municipal parking at ground level on the river side of the building. Current ownership has made improvements and updates to heating and roofing systems. The wildly popular Machias River General can be part of the purchase, please inquire as to pricing/terms. Financials for all can be provided where there is serious interest and with a signed NDA. Investment is happening all along this Main Street, this coastal Maine town is growing, and your business and opportunity can too!
Machias Real Estate
The median home value in Machias, ME is $205,000. This is higher than the county median home value of $190,200. The national median home value is $338,100. The average price of homes sold in Machias, ME is $205,000. Approximately 44.13% of Machias homes are owned, compared to 23.67% rented, while 32.21% are vacant. Machias real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Machias real estate agent to arrange a tour today!
Machias, Maine has a population of 2,054. Machias is more family-centric than the surrounding county with 24.55% of the households containing married families with children. The county average for households married with children is 22.5%.
The median household income in Machias, Maine is $23,525. The median household income for the surrounding county is $46,689 compared to the national median of $69,021. The median age of people living in Machias is 40.7 years.
Machias Weather
The average high temperature in July is 75.4 degrees, with an average low temperature in January of 9.6 degrees. The average rainfall is approximately 51.3 inches per year, with 65.1 inches of snow per year.