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.

More Info

Tax Information

Parcel Number 1191
Taxes$6,874

Basic Information

List Price$1,000,000
LocationTypeBusiness District, Historic District, Near Shopping, Retail Strip
MLS Number1646499
Property TypeMulti-Family
StatusACT

Property

Road Surface Type Paved
Site Open, Rolling/Sloping, Well Landscaped

Exterior

Exterior Asbestos, Wood Siding
RoofFlat, Other

Amenities

AmenitiesOne-Floor Living, Shower
Other AmenitiesBasement, Water View
PetsYes

Water Body

Water AccessPublic
Water Body NameMachias River
Water Body TypeRiver
Water ViewYes

Parking

Parking 11 - 20 Spaces, On Site
Parking Features 11 - 20 Spaces, Paved, On Site

Location

Address4 Colonial Way
Building Number4
CountyWashington
StateME
StreetColonial Way
TownMachias
Zip04654

Interior

Furnished Unfurnished
Interior Features One-Floor Living, Shower

Utilities

Electric On Site, Circuit Breakers
Heat SystemZoned, Hot Water, Forced Air, Baseboard
Heating FuelOil
Heating YN Yes
Recreational Water Nearby
Utilities Utilities On
Waste Water DisposalPublic Sewer

Rooms

Bathroom4
Bathrooms Total Decimal 4
Full Bath4

Building

BasementPartial, Exterior Only, Unfinished
Building ConstructionWood Frame
Building Info Heating Units 1
Building Info Water Heaters 1
Flooring Wood, Tile, Carpet
FoundationStone, Poured Concrete
Property StyleFederal
Stories3
Units4
Year Built1928

Property Information

Acreage0.39
Lot Features Well Landscaped, Rolling/Sloping, Open, Historic District, Near Shopping, Retail Strip
Square Feet13,226

Legal

Zoningcommercial

Other

Date Listed12/12/2025
Unit 1 Full Baths 1
Unit 1 Level Third
Unit 1 Monthly Rent $900
Unit 1 Rooms 3
Unit 1 Water Yes
Unit 2 Full Baths 1
Unit 2 Lease Yes
Unit 2 Level Third
Unit 2 Monthly Rent $900
Unit 2 Rooms 3
Unit 2 Water Yes
Unit 3 Full Baths 1
Unit 3 Lease Yes
Unit 3 Level Third
Unit 3 Monthly Rent $1,200
Unit 3 Rooms 4
Unit 3 Water Yes
Unit 4 Full Baths 1
Unit 4 Lease Yes
Unit 4 Level Third
Unit 4 Monthly Rent $1,200
Unit 4 Rooms 4
Unit 4 Water Yes

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4 Colonial WayMachias, ME 04654Price: $1,000,000

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