Madawaska, ME 04756,121 Fraser AVE
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Madawaska, ME 04756,121 Fraser AVE
Madawaska, ME 04756,121 Fraser AVE
Madawaska, ME 04756,121 Fraser AVE
Madawaska, ME 04756,121 Fraser AVE
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Listed by NextHome Discover
$ 600,000
New

121 Fraser AVE Madawaska, ME 04756

5,477 SqFt


UPDATED:

Key Details

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Active

Square Footage 5,477 sqft

MLS Listing ID 1641028

HOA Y/N No

Year Built 1925

Annual Tax Amount $5,205

Tax Year 2022

Lot Size 2.500 Acres

Acres 2.5

Property Sub-Type Mixed Use

Source Maine Listings

Land Area 5477

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!

Location

State ME

County Aroostook

Zoning HDR

Rooms

Basement Full, Unfinished

Interior

Interior Features Storage

Heating Zoned, Hot Water, Heat Pump, Baseboard

Cooling Heat Pump

Flooring Wood, Laminate, Concrete

Exterior

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

View Y/N No

Roof Type Rolled/Hot Mop,Shingle

Accessibility Level Entry

Building

Lot Description Near Shopping

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Composition,Clapboard,Wood Frame

Others

Energy Description Oil, Electric

Virtual Tour https://www.propertypanorama.com/instaview/mreis/1641028


Maine MLS (MREIS) IDX
The Scoville Foley Team

The Scoville Foley Team

+1(207) 885-0500

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121 Fraser AVE