121 Fraser AVE, Madawaska, ME 04756
121 Fraser AVE, Madawaska, ME 04756
121 Fraser AVE, Madawaska, ME 04756
121 Fraser AVE, Madawaska, ME 04756
121 Fraser AVE, Madawaska, ME 04756
121 Fraser AVE, Madawaska, ME 04756
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Listed by Mindy Braley NextHome Discover
$ 600,000
Est. payment | /mo

5,477 SqFt


$ 600,000
Est. payment | /mo

5,477 SqFt

Key Details

Property Type Commercial

Sub Type General Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,477 sqft

Price per Sqft $109

MLS Listing ID 1667905

HOA Y/N No

Year Built 1925

Tax Year 2022

Lot Size 2.500 Acres

Acres 2.5

Property Sub-Type General Commercial

Source Maine Listings

Land Area 5477

Property Description

Exceptional opportunity to own a well-established restaurant and guest lodging business in the heart of Madawaska. Situated on approximately 2.5 acres, this turn-key commercial property offers multiple income streams and is ready for its next owner to step in and continue operations.

The restaurant is fully equipped and includes the essential kitchen equipment, dining furnishings, and fixtures needed to operate from day one. Known for its welcoming atmosphere and strong community presence, the business benefits from excellent visibility, convenient access, and ample on-site parking for customers and guests.

Complementing the restaurant is a charming 5-room guest house, with each room featuring its own private entrance, kitchenette, and covered porch. The guest accommodations provide flexibility for short-term travelers, seasonal visitors, or longer-term rental opportunities, creating additional revenue potential year-round.

With an established reputation, a prime location, and the ability to generate income from both hospitality and lodging operations, this property presents a rare investment opportunity in Northern Maine. Whether you're looking to expand your business portfolio, pursue a hospitality venture, or invest in a property with diverse earning potential, this unique offering deserves a closer look. Schedule your private showing today and explore the possibilities.

Location

State ME

County Aroostook

Zoning HDR

Direction From Main Street, take 13th Ave and once you're at the stop sign take a right onto Acadia Street, building will be straight ahead.

Rooms

Other Rooms Shed(s)

Basement Full, Unfinished

Interior

Interior Features Storage

Heating Electric, Oil, Baseboard, Heat Pump, Hot Water, Zoned

Cooling Heat Pump

Flooring Concrete, Laminate, Wood

Exterior

Parking Features 21+ Spaces, On Site, Paved, Off Street

Roof Type Rolled/Hot Mop,Shingle

Accessibility Level Entry

Building

Lot Description Near Shopping

Entry Level Multi-Level

Foundation Poured Concrete

Water Public

Others

Tax ID MADA-000006-000000-000277

Virtual Tour https://www.propertypanorama.com/instaview/mreis/1667905

Maine MLS (MREIS) IDX

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121 Fraser AVE