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20 Canal Street, Machias, ME, 04654 | $524,000
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.
Features
- Property Type: Multi Family
- Construction: Vinyl Siding, Wood Frame
- Parking: 1 - 4 Spaces
- Heating: Hot Water, Forced Air, Baseboard
- Cooling: None
- Zoning: General Use
- Frontage: 90
- Year Built: 1900
- Approx Sq. Feet: 1,790
- Acreage: 1.91
- Est. Taxes: $3,419
- Lot Desc: Downtown, Near Shopping
- Water Front: Yes
- MLS#: 1599394
- Website: https://www.raveis.com
/prop/1599394/20canalstreet_machias_me?source=qrflyer
 | Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. |  |
Listing courtesy of United Country Lifestyle Properties of Maine
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