$524,000
( $292.74Per Sq Foot )
 $2,813 est/mo Sourced by Back At You

20 Canal Street , Machias, ME 04654

Machias, ME 04654

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Description

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.

Details

MLS#1599394
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1900
Days On Site168
Listing Provided ByUnited Country Lifestyle Properties of Maine | Spencer Wood

Features

SQ Feet1,790
BasementY
ZoningGeneral Use
Acreage1.91
Water FrontRiver

Market Activity 04654

    
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. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.

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Learn More About This Property

StateME
CountyWashington
CityMachias
Zip Code04654
Listing VS Median (in 04654)
Price:
$524,000
low | high
Med:
$229,000
100% of Average
SqFt:
1,790
low | high
Med:
2,000
38.268156424581% of Average
$ / SqFt:
$293
low | high
Med:
$115
100% of Average
On Site:
168
low | high
Med:
243.000000
69.135802469136% of Average
Sourced by Back At You
Listing Updated: January 18, 2025 at 10:34:53 PM PST