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Cassie Mason

[email protected] +1(207) 418-1560

Listed by Realty of Maine

$ 600,000

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Active

121 Fraser AVE Madawaska, ME 04756

5 Baths

5,477 SqFt

UPDATED:

02/26/2025 09:20 PM

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 5,477 sqft

MLS Listing ID 1605542

Style Colonial,Multi-Level,New Englander

Full Baths 5

HOA Y/N No

Abv Grd Liv Area 5,477

Originating Board Maine Listings

Year Built 1925

Annual Tax Amount $5,205

Tax Year 2022

Lot Size 2.500 Acres

Acres 2.5

Property Description

Welcome to a unique opportunity to own a thriving restaurant and charming 5-room guest house in the heart of Madawaska. This turn-key property is ideal for entrepreneurs and investors looking to step into an established business with immediate revenue potential. The fully equipped restaurant includes all essential kitchen appliances, dining furniture, and furnishings, enabling you to start operations seamlessly from day one. With a strong local reputation for quality cuisine and excellent service, the restaurant already enjoys a loyal customer base, attracting both residents and visitors. Located in a high-traffic area with great visibility, this restaurant benefits from consistent foot traffic, maximizing its income potential. Additionally, the delightful 5-room guest house offers a cozy and private retreat for visitors, each room thoughtfully furnished with its own kitchenette, private entrance, and covered porch. This guest house not only provides a relaxing experience for travelers but also serves as a valuable additional income stream. Set on 2.5 acres, the property includes ample parking to comfortably accommodate both restaurant patrons and guest house visitors. With the hospitality industry thriving, owning this restaurant and guest house combination offers diverse income possibilities and incredible growth potential. Whether you're an aspiring restaurateur looking for a turn-key operation or an investor seeking multiple revenue streams, this property presents the perfect blend of opportunity and charm! Also listed under 1605531

Location

State ME

County Aroostook

Zoning HDR

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Heating Multi-Zones, Hot Water, Heat Pump, Baseboard

Cooling Heat Pump

Flooring Wood, Laminate, Concrete

Exterior

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

Garage Spaces 1.0

Utilities Available 1

View Y/N Yes

View Trees/Woods, Mountain(s), Scenic

Roof Type Rolled/Hot Mop,Shingle

Street Surface Paved

Accessibility Level Entry

Porch Porch

Garage Yes

Building

Lot Description Open Lot, Rolling Slope, Sidewalks, Landscaped, Intown, Near Shopping, Near Town, Neighborhood

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Colonial, Multi-Level, New Englander

Structure Type Composition,Clapboard,Wood Frame

Others

Energy Description Oil, Electric

Virtual Tour https://www.propertypanorama.com/instaview/mreis/1605542

Cassie Mason

Broker | Bean Group016220

+1(207) 418-1560

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Cassie Mason

121 Fraser AVE Madawaska, ME 04756

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