2.2 Acres of Improved Commercial Land for Sale in Madawaska, Maine

121 Fraser Ave, Madawaska, ME 04756

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$600,000
2.19 acres
Active sale agoEst $3,692/mo

Welcome to an incredible opportunity to own a fully established restaurant along with a charming 5-room guest house, all nestled in the heart of Madawaska. This turn-key property presents a rare chance for entrepreneurs and investors alike to step into a thriving business with immediate revenue potential. The restaurant comes complete with all necessary equipment and furnishings, allowing for seamless operations from day one. From kitchen appliances to dining area furniture, everything is in place for the new owner to start serving customers immediately. Benefit from an already established customer base drawn to the exceptional dining experience offered by this restaurant. With a reputation for quality cuisine and excellent service, you can step into a business that is already beloved by locals and visitors alike. Situated in a high-traffic area, the restaurant enjoys excellent visibility and accessibility, further enhancing its revenue potential. The 5-room guest house exudes charm and comfort, offering a cozy retreat for visitors seeking accommodation in the area. Each room is tastefully furnished and equipped with amenities to ensure a pleasant stay for guests, including a kitchenette in each room. Each guest room has its own outdoor entry and covered porch for convenience and pleasure, providing a sense of privacy and relaxation for guests. In addition to the restaurant, the guest house presents an additional revenue stream, catering to travelers, tourists, and those visiting the area for various purposes. With hospitality being a booming industry, owning both a restaurant and guest house provides diversified income opportunities. With 2.19 acres of land, ample parking space is available to accommodate both restaurant diners and guest house visitors, ensuring convenience for all. Whether you're an aspiring restaurateur looking for a turn-key business opportunity or an investor seeking a property with multiple income streams this offers the perfect blend!

5,477
Sq feet
1925
Built

Property details

Coordinates
47.3555, -68.3324
Zoning
Commercial
Elevation
587 feet
MLS Number
MREIS 1583088
Date Listed

Property taxes

2022
$5,205

Resources

This 2.19-acre property is located at 121 Fraser Ave in Madawaska, ME 04756 with latitude 47.3555 and longitude -68.3324. The property is currently available for sale for $600,000. It has a 5,477 sq ft structure built in 1925. Listing data is sourced from Maine Real Estate Information System # 1583088.

Verify sale details at the property source or contact Realty of Maine at (207) 942-6310.

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Listing checked and updated . Parcel data by Regrid.

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