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About This Home
This 0-bedroom, 4-bathroom residential multi family at 4 Colonial Way in Machias, ME is listed for $1,000,000 ($76 per sqft). Built in 1928, the home offers 13,226 sqft of living space on a 0.39 acres lot.
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.
Key Features
- Built in 1928
- 0.39 acre lot
Property Details
Monthly Cost Estimate
$5,348/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4 Colonial Way
Machias, ME 04654
Property Details
Flooring
Heating
Questions & Answers
This 0-bedroom, 4-bathroom residential multi family at 4 Colonial Way is listed at $1,000,000 ($76/sqft). The estimated monthly payment is $4,333 based on 20% down at 6.5% interest.
Key features include: Built in 1928, 0.39 acre lot.
This property is listed by Karen Eldridge and can be reached at 2072558133 or kareneldridge@masiello.com.
