417 & 423 Main Street, Madawaska, ME 04756
Aroostook County
Key Facts
Description
Opportunity Awaits! This highly visible corner building was recently a successful quick serve restaurant; complete with a kitchen, retail space, and large back storage area. It has a number of useful features such as three phase electrical service, two separate electrical meters for the front and rear sections of the building, a newer boiler from 2010, a basement that's great for storage, and an additional lot next door that adds about 4,800 square feet of parking space. Previously, this was a service garage and the garage doors are still remaining - the new walls that filled the garage door entrances can easily be removed and the garage doors would be once again functional. The location is center of town, right near several other large businesses and en route to the High School. If you have other ideas, this property is highly convertible! It can once again be a service station or mechanic's garage, in-town self storage, it can easily be converted to a neat apartment, or it can be another number of other retail or commercial uses. Madawaska has a number of new businesses that are up and coming; it's a great time to join the momentum! The new Director of Economic Development can help you with your ideas and financing strategies. Most equipment available with sale, call today for more information.
Property Information
Property Type
Commercial Sale
Year Built
1950
Living Area
1,404 sq ft
Lot Size
0.23 acres
Zoning
Commercial
Days on Market
1
MLS® Listing#
1647454
Property Features
Heating
Flooring
Basement
Parking
Construction
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$2,288
Tax year 2025
Parcel Number
MADA-000003-000000-000057
Directions
On the corner of 6th Avenue and Main Street. Across of the Madawaska Police Department.
Affordability Calculator
$42,000
Estimated monthly payment
$1,118/mo
Principal $168,000 · Est. interest $234,375 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Madawaska, ME
- 87
- Median Days on Market
- 1,728
- Median Sq Ft
- $110
- Median Price / Sq Ft
- 56
- Active Listings
- Its price per sq ft is 36% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Madawaska, ME.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 141 12th Avenue, Madawaska, ME | $147,000 | 4 | 2 | 1,750 |
| 612 Lake Shore Road, Madawaska, ME | $149,900 | 3 | 1 | 1,008 |
| 1083 Main Street, Madawaska, ME | $169,900 | 1 | — | 640 |
| 495 Riverview Street, Madawaska, ME | $170,000 | 3 | 1 | 1,136 |
| 378 11th Avenue, Madawaska, ME | $175,000 | — | — | 3,300 |
| 757 Main Street, Madawaska, ME | $175,000 | 3 | 2 | 1,232 |