$469,000
284 Main Street
Madawaska
Listing Courtesy of
Crown Lakes Realty
284 Main Street, Madawaska, ME 04756
Strong investment opportunity in Downtown Madawaska. Large multi-use building is comprised of two three bedroom apartments and a commercial restaurant and bar space which is currently operating and profitable. Sale includes said restaurant and bar with all furniture, fixtures, and equipment. The layout is spread over five floors, with the two apartments on the fourth and fifth levels, with the restaurant on the maine floor and two basement levels. Basement consists of kitchens, storage, extra restrooms, and a couple of walk out entrances to Bridge Street. The lowest, furthest back basement section could easily be converted into a garage with direct access to the building.
Monthly rental income from tenants and restaurant is $4,400. The Main Street location is right in the middle of it all, with the Twin Rivers Paper Mill and all of its employees just behind it and Party du Main Street right in front every year. Good location, solid tenants and a business, and a building that can become anything you need it to. Pre Qualified buyers can call to arrange tours of the property.
Monthly rental income from tenants and restaurant is $4,400. The Main Street location is right in the middle of it all, with the Twin Rivers Paper Mill and all of its employees just behind it and Party du Main Street right in front every year. Good location, solid tenants and a business, and a building that can become anything you need it to. Pre Qualified buyers can call to arrange tours of the property.
Listing Courtesy of
Crown Lakes Realty
DETAILS
- Listing Id1609741
- StatusActive
- TypeCommercial Sale
- Map / Lot4 / 15
- Book / Page2311 / 209
- Waste Water DisposalPublic Sewer
- WaterPublic
- Heat SystemHot Water, Stove
- CoolingNone
- ElectricCircuit Breakers
- BasementFull, Walk-Out Access
- RoofMembrane, Metal
- FloorsLaminate, Tile, Wood
- GarageNo
- Lot FeaturesDowntown
- Parking FeaturesOn Street
- Checked For UpdatesWednesday, November 20, 2024 at 7:31 PM
- IDX Listing UpdatedTuesday, November 19, 2024 at 5:10 PM
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