See all 180 photos

Listed by NextHome Discover

$600,000

5 Baths

5,477 SqFt

Active

121 Fraser AVE Madawaska, ME 04756

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Jun

Sun

Jun

Mon

Jun

Elevate Maine Realty

info@elevatemaine.com +1(207) 331-4565

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 5,477 sqft

MLS Listing ID 1620112

Style Victorian

Full Baths 5

HOA Y/N No

Abv Grd Liv Area 5,477

Year Built 1925

Annual Tax Amount $5,205

Tax Year 2022

Lot Size 2.500 Acres

Acres 2.5

Source Maine Listings

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 #1620110

Location

State ME

County Aroostook

Zoning HDR

Rooms

Basement Interior, Full, Unfinished

Interior

Interior Features Storage

Heating Zoned, Hot Water, Heat Pump, Baseboard

Cooling Heat Pump

Flooring Wood, Laminate, Concrete

Equipment Internet Access Available

Fireplace No

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, Scenic

Roof Type Rolled/Hot Mop,Shingle

Street Surface Paved

Accessibility Level Entry

Porch Porch

Garage Yes

Building

Lot Description Well Landscaped, Rolling/Sloping, Open, Sidewalks, Intown, Near Shopping, Near Town, Neighborhood

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Victorian

Structure Type Composition,Clapboard,Wood Frame

Others

Energy Description Oil, Electric

Virtual Tour https://www.propertypanorama.com/instaview/mreis/1620112

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 331-4565

info@elevatemaine.com

211 US-1, Falmouth, ME, 04105-1301, USA