?? 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.*