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Commercial Land for Sale in Madawaska, Maine

121 Fraser Ave, Madawaska, ME 04756

$600,000
2.5 acres
Active sale
ago
Est $3,517/mo

Exceptional opportunity to own a well-established restaurant and guest lodging business in the heart of Madawaska. Situated on approximately 2.5 acres, this turn-key commercial property offers multiple income streams and is ready for its next owner to step in and continue operations. The restaurant is fully equipped and includes the essential kitchen equipment, dining furnishings, and fixtures needed to operate from day one. Known for its welcoming atmosphere and strong community presence, the business benefits from excellent visibility, convenient access, and ample on-site parking for customers and guests. Complementing the restaurant is a charming 5-room guest house, with each room featuring its own private entrance, kitchenette, and covered porch. The guest accommodations provide flexibility for short-term travelers, seasonal visitors, or longer-term rental opportunities, creating additional revenue potential year-round. With an established reputation, a prime location, and the ability to generate income from both hospitality and lodging operations, this property presents a rare investment opportunity in Northern Maine. Whether you're looking to expand your business portfolio, pursue a hospitality venture, or invest in a property with diverse earning potential, this unique offering deserves a closer look. Schedule your private showing today and explore the possibilities.

Sq feet
1925
Built

Location

Street address
121 Fraser Ave
Zip code
04756
Elevation
590 feet
Coordinates
47.3555, -68.3324

Property details

Acreage
2.5 acres
Source
NEXTHOME
Posted

Resources

Details and features

Listing

Type
Commercial Sale
Franchise
Realty World

Listing history

DateEventPriceChangeSource
June 19, 2026New listing$600,000NEXTHOME
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This 2.5-acre property is located at 121 Fraser Ave in Madawaska, ME 04756. The property is available for sale, priced at $600,000. It has a structure built in 1925.

Listed by NextHome Discover, (207) 762-6398

Checked 1 hour agoUpdated Source

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