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Steeped in Downeast history, the iconic ''Five and Dime'' building on Water Street offers a rare chance to own a piece of Machias heritage. Perched near the scenic Machias River, this historic property was once the bustling heartbeat of downtown. For decades, it served as a beloved community anchor where generations of locals gathered for daily goods, penny candy, and conversation.The building beautifully preserves its mid-century merchant charm, featuring broad storefront display windows, historic wood accents, and a wide-open interior footprint. Its rich legacy is deeply tied to the town's maritime and timber roots, standing resilient through the years in a prime, highly walkable location just steps from downtown amenities and Bad Little Falls Park.This versatile structure is a blank canvas ready for its next chapter. It is perfectly suited for a boutique retail market, an artisan collective, a craft brewery, or unique loft-style apartments. Bring your vision to life and revitalize a coastal Maine landmark.
Property Type(s):
Commercial
| Last Updated | 8/10/2026 | Year Built | 1928 |
|---|---|---|---|
| County | Washington |
Additional Details
| AIR | None |
|---|---|
| BASEMENT | None |
| CONSTRUCTION | Brick, Frame, Wood Siding |
| HEAT | Baseboard, Hot Water, Oil |
| INTERIOR | Sprinkler - Wet |
| LOT | 0.29 acre(s) |
| LOT DIMENSIONS | 0.29 |
| MLS STATUS | Active |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 6245 |
| UTILITIES | Propane |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| WATERFRONT | Yes |
Listing provided by Bold Coast Properties
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2026
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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