Multi-Family for Sale: 121 Fraser Avenue, Madawaska, ME 04756

5 full baths
$600,000
$600,000
121 Fraser Avenue, Madawaska, ME 04756
5 full baths
$600,000
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Price:
$600,000

Type Multi-Family
Style Bed & Breakfast, New Englander, Multi-Level, Colonial
Total Baths 5 full baths
Square Feet 5,477 sqft
Lot Size 2.50 acres
Year Built 1925
Taxes Paid $5,205

City Madawaska
County Aroostook

MLS 1605542
Status Active
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

Room Features

Basement Description Full, Unfinished, Interior Entry

Virtual Tours for 121 Fraser Avenue Madawaska, ME

Lot & Building Features

Cooling Heat Pump
Tax Year 2022
Taxes Paid $5,205

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 1
Unit 1 of Rooms 2
Unit 2 Full Baths 1
Unit 2 of Bedrooms 1
Unit 2 of Rooms 1
Unit 3 Full Baths 1
Unit 3 of Bedrooms 1
Unit 3 of Rooms 1
Unit 4 Full Baths 1
Unit 4 of Bedrooms 1
Unit 4 of Rooms 1
Unit 5 Full Baths 1
Unit 5 of Bedrooms 1
Unit 5 of Rooms 1

Price History of 121 Fraser Avenue, Madawaska, ME

Date Name Price Difference
10/01/2024 Listing Price $600,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 121 Fraser Avenue, Madawaska, ME

Location Map Street View
Photo of Lynn Cullity, ABR, SRS
Direct: 603-860-2596
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Realty of Maine, Mindy Braley 207-942-6310
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0.8675%
6.75%
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Monthly Taxes
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121 Fraser Avenue (MLS #1605542) is a bed & breakfast, new englander, multi-level, colonial multi-family listing located in Madawaska, ME. This multi-family listing is 5,477 sqft and on a lot of 108,900 sqft (or 2.50 acres) and is 99 years old. This property was listed on 10/01/2024 and has been priced for sale at $600,000.

Nearby zip codes are 04745. This property neighbors other cities such as Frenchville.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Realty of Maine

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.