FOR SALE
$524,000
1,790 SqFt 1.91 Acres

Riverfront Investment Property

20 Canal Street, Machias, Maine 04654 | Washington County


Details

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.

Property Features

  • River front property
  • Commercial space opportunity
  • Income generating property
  • Investment opportunity
  • Riverfront Property
  • Call Spencer (207) 794-6164

Property Details

Street Address:

  20 Canal Street

City:

  Machias

State:

  Maine

Postal Code:

  04654

Country:

  United States

County:

  Washington

Listing ID:

  18015-10492

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