4 Colonial Way

$1,000,000
Price
6
Beds
13,226 Sq. Ft.
$76 / Sq. Ft.
13,226
Sq. Ft.
$76
per Sq. Ft.

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...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.
  1. Listed by Karen Eldridge • Better Homes & Gardens Real Estate/The Masiello Group

Property Details for 4 Colonial Way

Waterfront
No
ArchitecturalStyle
Federal
Garage Spaces
.00
Garage
No
Zoning
commercial
View
Scenic
LISTING UPDATED: 12/13/2025 10:19 AM

Property Details for 4 Colonial Way

StatusActive
MLS #1646499
Days on Market12
Taxes$6,875 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1928
Lot Size0.39 AC / 16,988 SF
CountyWashington County

Location

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group
Add your commute

Building Information for 4 Colonial Way

Stories3Residences4Year Built1928Building Size-Lot Size0.39 AC / 16,988 SF

Payment Calculator

$5,514 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,941

Property Taxes

$573

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4 Colonial Way

Summary
Location and General Information
  • Road Surface Type: Paved
  • Water Body Name: Machias River
  • Town: Machias
  • State/Province: ME
  • Zip Code: 04654
  • County: Washington
  • Geo Latitude: 44.714193
  • Geo Longitude: -67.458545
  • Tax Lot: 74
  • Site:Open: Yes
  • Site:Rolling/Sloping: Yes
  • Site:Well Landscaped: Yes
  • Location:Business District: Yes
  • Location:Historic District: Yes
  • Location:Near Shopping: Yes
  • Location:Retail Strip: Yes
  • Recreational Water:Nearby: Yes
Parking
  • Parking Features: 11 - 20 Spaces, Paved, On Site
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 4230
  • Tax Map Number: 11
  • Tax Year: 25
  • Parcel Number: 1191
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $6,874.84
  • Restrictions:Pet: Yes
Property
Heating and Cooling
  • Water Heater:Electric: No
  • Water Heater:Heat Pump: Yes
  • Water Heater:Off Heating System: Yes
  • Water Heater:Tank: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 13226.0
  • Lot Size Acres: 0.39
  • Source of Acreage: Public Records
  • Building Area Total: 13226.0
  • Lot Size Area: 0.39
  • Lot Size Units: Acres
  • Lot Size Square Feet: 16988.4
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Street Number: 4
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Blue
  • Property Information:Other Source of Square Footage: Appraisal
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1928
Utilities
  • Electric: On Site, Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Asbestos, Wood Frame
  • # Fireplaces: 0
  • Fireplace: No
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Flat, Other
Interior Features
  • Basement: Partial, Exterior Only, Unfinished
  • Flooring: Wood, Tile, Carpet
  • Interior Features: One-Floor Living, Shower
  • Cooling: None
  • Heating: Zoned, Hot Water, Forced Air, Baseboard
  • Foundation Details: Stone, Concrete Perimeter
  • # Stories: 3
  • # Floors: 3
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 4.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $1.00
  • Operating Expenses: $1.00
Multi-Family Information
  • Number of Units: 4
  • Building Info:# Fireplaces: 0
  • Building Info:# Stories: 3
  • Building Info:# Floors: 3
  • Building Info:# Heating Units: 1
  • Building Info:# Water Heaters: 1
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: Third
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $900.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 3.00
  • Unit 1:# of Bedrooms: 1.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: Third
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $900.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 3.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: Third
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,200.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 4.00
  • Unit 3:# of Bedrooms: 2.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: Yes
  • Unit 4:Level: Third
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $1,200.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 4.00
  • Unit 4:# of Bedrooms: 2.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: No
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 2
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 4 Colonial Way

DateEvent & SourcePriceAppreciation
Dec 11, 2025

Listed (Active)

Maine Listings #1646499

$1,000,000
Aug 18, 2025

Withdrawn

Maine Listings #1611601

$1,200,000
Dec 20, 2024

Listed (Active)

Maine Listings #1611601

$1,200,000
Feb 11, 2016

Sold

Maine Listings #1244536

$365,000
Dec 8, 2015

Pending

Maine Listings #1244536

Dec 8, 2015

Active Under Contract

Maine Listings #1244536

Nov 11, 2015

Listed (Active)

Maine Listings #1244536

$379,900
DateEvent & SourcePrice
12/11/2025

Listed (Active)

Maine Listings #1646499

$1,000,000
08/18/2025

Withdrawn

Maine Listings #1611601

$1,200,000
12/20/2024

Listed (Active)

Maine Listings #1611601

$1,200,000
02/11/2016

Sold

Maine Listings #1244536

$365,000
12/08/2015

Pending

Maine Listings #1244536

12/08/2015

Active Under Contract

Maine Listings #1244536

11/11/2015

Listed (Active)

Maine Listings #1244536

$379,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4 Colonial Way

Taxable ValueLand$93,700Additions$306,000Total$399,700
Tax Record2024$5,896 ($491 / month)
Home Facts
Lot Size16,988 SqFtStyleMiscellaneous CommercialZoningNONECountyWASHINGTONAPNMCHA M:011 L:074

Schools near 4 Colonial Way

This home is within Machias Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Rose M Gaffney School
PublicPK to 8

Machias Memorial High School
Public9 to 12

Machias Valley Christian School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4 Colonial Way is a multi-family home for sale in Machias, ME 04654. This property was listed for sale on December 11, 2025 by Better Homes & Gardens Real Estate/The Masiello Group, it's currently listed at $1,000,000. It has been on the market for a total of 12 days and was last sold on February 11, 2016. This listing's school district is Machias Public Schools. Nearby schools include Rose M Gaffney School, Machias Memorial High School and Machias Valley Christian School. 4 Colonial Way is a 6-bed, 4-bath, 13,226 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.