Madawaska, ME 04756 284 Main Street
$439,000
80 more
Presented By: Crown Lakes Realty;
Home Details
Strong investment opportunity in Downtown Madawaska. Large multi-use building is comprised of two three bedroom apartments and a commercial restaurant and bar space which is currently operating and profitable. Sale includes said restaurant and bar with all furniture, fixtures, and equipment. The layout is spread over five floors, with the two apartments on the fourth and fifth levels, with the restaurant on the maine floor and two basement levels. Basement consists of kitchens, storage, extra restrooms, and a couple of walk out entrances to Bridge Street. The lowest, furthest back basement section could easily be converted into a garage with direct access to the building.
Monthly rental income from tenants and restaurant is $4,400. The Main Street location is right in the middle of it all, with the Twin Rivers Paper Mill and all of its employees just behind it and Party du Main Street right in front every year. Good location, solid tenants and a business, and a building that can become anything you need it to. FULLY SPRINKLED and Fire Marshall Compliant. Pre Qualified buyers can call to arrange tours of the property.
Presented By: Crown Lakes Realty;
Interior Features for 284 Main Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
BasementWalk-Out Access, Full
Basement (Y/N)No
FlooringWood, Tile, Laminate
Heating Y/NYes
General for 284 Main Street
Additional Parcels Y/NNo
Business TypeBar/Tavern/Lounge, Commercial, Office Building, Retail, Restaurant, Flex
Carport Y/NNo
CityMadawaska
Construction MaterialsOther Exterior
CoolingNone
CountyAroostook
ElectricCircuit Breakers
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingStove, Hot Water
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet4356.0
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Property SubtypeGeneral Commercial
Property TypeCommercial Sale
Rent Control Y/NNo
RoofMembrane, Metal
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Lot15
Waterfront Y/NNo
ZoningCommercial
Exterior for 284 Main Street
Building Area Total8134.0
Crops Included Y/NNo
Foundation DetailsConcrete Perimeter
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesDowntown
Lot Size Acres0.1
Lot Size Area0.1
Open Parking Y/NNo
Parking FeaturesOn Street
Water SourcePublic
Additional Details
Price History
Mason Dupuis
Associate Broker