17 Water Street

Machias, ME 04654

MLS ID# 1587530 Active
General Commercial

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$149,000

0.07 acres

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Details
• Virtual Tour 1

Description

This income-generating cottage by the Machias River presents a fantastic opportunity for investment returns. The current owner has achieved success renting it out on a short-term basis, demonstrating its clear potential with consistent management. Its central location ensures short commutes to local services, amenities, and the downtown area. Alternatively, it could serve as an office for a small business or private practice, benefiting from good accessibility and some visibility from US Route 1. Conveniently, there is municipal parking and an electric vehicle charging station located across the street. This income-generating cottage by the Machias River presents a fantastic opportunity for investment returns. The current owner has achieved success renting it out on a short-term basis, demonstrating its clear potential with consistent management. I... show more

Location Information

• Street # 17
• Street Name Water
• Street Type Street
• County Washington
• Town Machias
• State/Province ME
• Zip Code 04654
• Zip +4 1017
• Leased Land No
• Book 4774
• Page 185
• Map 003
• Lot 044
• Zoning Shoreland
• Zoning Overlay Unknown
• Tax ID MCHA-000011-000000-000069
• Full Tax Amount 577
• Tax Year 2023
• Association Y/N No

Property Information

• Primary Use General Commercial
• Surveyed Unknown
• Year Built - 1860
• SqFt Finished Total 432
• Lot Size Acres +/- 0.07

Compensation & Misc Info

• Buyer Agency 2.4%

Details

• Property Uses

  Freestanding Building

• Parking

  1 - 4 Spaces, On Site