FOR SALE – 19 & 20 Canal Street, Machias, ME 04654 1.75± Acres | 3 Residential Units + Rare Commercial Redevelopment Site | 825± Ft Waterfront **Offered as a bundled sale**, 19 & 20 Canal Street present a rare opportunity to acquire a waterfront investment and redevelopment package in the heart of coastal Machias, Maine. With a total of approximately 1.75± acres, over 825 feet of river frontage (Machias River), residential units, and commercial build rights to within 25 feet of the shoreline, this property is an incredibly *RARE & UNIQUE* opportunity to develop close to the waters edge within the state of Maine. This is ideal for investors, developers, or owner-users seeking a live/work setup. **PROPERTY DETAILS** 20 Canal Street – Residential Income + Value-Add • Updated **1,400 SF Cape-style Home** – 3 Bedrooms | 1.5 Bathrooms | Full walkout basement • Attached **1,950 SF early 1900s structure** – Converted into **(2) 2-Bedroom Units** (requires full renovation) • Situated on **0.25± Acres** with town water/sewer • Fully updated 3 bedroom primary unit – ready for occupancy or rental 19 Canal Street – Commercial Redevelopment + Waterfront Access • Former **1,468 SF flower shop/greenhouse** (rebuild needed) • Includes **rebuildable structures** • Approx. **1.5± Acres** with **825± ft of waterfront frontage** • Located in **General Development District** within **Shoreland Zoning** – Commercial buildings permitted **as close as 25 ft from water’s edge** • Includes ownership of **private road (Canal Street)** • Town Sewer on-site Highlights & Development Potential Multiple Income Streams: Residential rentals + commercial redevelopment Waterfront Commercial Zoning: Ideal for retail, food/beverage, lodging, market, or mixed-use Rare Coastal Access: Private road, substantial frontage, and scenic views Development Strategies: Live in the finished house, rent the rest, develop or use for mixed use Walkable Location: Minutes from downtown Machias, university, hospital, and amenities Location Advantage: Situated in the growing Down East region of Maine, Machias is a historic and cultural hub surrounded by natural beauty, university influence, and increased interest from eco-tourism and remote workers. Inquire Directly with Owner for full details, zoning info, or to schedule a private walkthrough. *Serious inquiries only.*