4 Colonial Way

Machias, ME 04654

$1,000,000
Price
—
Beds
13,226 Sq. Ft.
$76 / Sq. Ft.
13,226
Sq. Ft.
$76
per Sq. Ft.
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4 Colonial Way, Machias (27 of 34)
4 Colonial Way, Machias (26 of 34)
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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
    P: (207)-271-0207 C: (207)-271-0207 downeastmaineproperties@gmail.com

Property Details for 4 Colonial Way

Architectural Style
Federal
Furnished
Unfurnished
Style
Federal
View
Scenic
Has Waterfront
No
Zoning
commercial
LISTING UPDATED: 06/10/2026 04:39 PM

Property Details for 4 Colonial Way

StatusActive
MLS #1646499
Days on Market216
Taxes$6,875 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1928
Lot Size0.39 AC / 16,988 SF
CountyWashington County
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Location

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group
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Building Information for 4 Colonial Way

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

Payment Calculator

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$5,556 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,983

Property Taxes

$573

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4 Colonial Way

Summary
Location and General Information
  • Water View: Yes
  • Location: Business District, Historic District, Near Shopping, Retail Strip
  • Page: 258
  • Zoning Overlay: Yes
  • Latitude: 44.714193
  • Longitude: -$67.46
  • Water Body Type: River
  • Water Body Name: Machias River
Taxes and HOA
  • Association: No
  • Tax Lot: 74
  • Tax Book Number: 4230
  • Tax Map Number: 11
  • Tax Annual Amount: $6,874.84
Parking
  • Parking Features: 11 - 20 Spaces, Paved, On Site
  • Parking: 11 - 20 Spaces, On Site
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Well Landscaped, Rolling/Sloping, Open, Historic District, Near Shopping, Retail Strip
  • Lot Size Acres: 0.39
  • Lot Size Area: 0.39
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 16988.4
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Other Source of Square Footage: Appraisal
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Other
  • Tree Growth: false
  • Site: Open, Rolling/Sloping, Well Landscaped
Property and Assessments
  • Above Grade Finished Area: 13226.0
  • Building Area Total: 13226.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Restrictions: Pet
  • Construction: Wood Frame
  • Year Built: 1928
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Stone, Concrete Perimeter
  • Foundation Materials: Stone, Poured Concrete
  • Construction Materials: Wood Siding, Asbestos, Wood Frame
  • Color: Blue
  • Stories: 3
  • Stories Total: 3
Financial Information
  • List Price/SqFt: $75.61
Utilities
  • Heat Fuel: Oil
  • # Heating Units: 1
  • # Water Heaters: 1
  • Electric: On Site, Circuit Breakers
  • Gas: No Gas
  • Recreational Water: Nearby
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Heat Pump, Off Heating System, Tank
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Asbestos, Wood Siding
  • Roof: Flat, Other
  • Driveway: Paved
Interior Features
  • Amenities: One-Floor Living, Shower
  • Bathrooms Full: 4
  • Bathrooms Total Decimal: 4.0
  • Bathrooms Total Integer: 4
  • Basement: Partial, Exterior Only, Unfinished
  • Basement: Partial, Unfinished
  • Has Fireplace: No
  • Has Cooling: No
  • Heating: Zoned, Hot Water, Forced Air, Baseboard
  • Has Heating: Yes
  • Flooring: Wood, Tile, Carpet
  • Interior Features: One-Floor Living, Shower
Multi Family
Multi Family Information
  • # of 1 BD Units: 2
  • # of 2 BD Units: 2
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $1.00
  • Operating Expense: $1.00
Unit Information
Unit 1
  • Num Full Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: No
  • Level: Third
  • Security Deposit: Yes
  • Actual Rent: $900.00
  • Beds Total: 1
  • Key: 73e22fe4083ed6620ecf6fba787c4cd5
  • Rooms Total: 3
Unit 2
  • Num Full Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: Third
  • Security Deposit: Yes
  • Actual Rent: $1,200.00
  • Beds Total: 2
  • Key: 0c4c6737349e8ea8bb9fe9276506e615
  • Rooms Total: 4
Unit 3
  • Num Full Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: Third
  • Security Deposit: Yes
  • Actual Rent: $900.00
  • Beds Total: 1
  • Key: 3c47d103b2b954d4abd88a5c74d27e9b
  • Rooms Total: 3
Unit 4
  • Num Full Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: Third
  • Security Deposit: Yes
  • Actual Rent: $1,200.00
  • Beds Total: 2
  • Key: aba09397e18baf0db83d4600aa0f38ad
  • Rooms Total: 4
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: Yes
Tenant Information
  • Occupant Type: No

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—
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

For completeness, we 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 Record2025$6,875 ($573 / 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
Rose M Gaffney School
Public - PK to 8
Machias Memorial High School
Public - 9 to 12
Machias Valley Christian School
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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More information about 4 Colonial Way, Machias, ME 04654

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 216 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 0-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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.