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121 Fraser Avenue

Madawaska, ME 04756
  • $550,000
  • STATUS: Active
  • MLS #: 1583088
UPDATED: 95 min ago
$550,000
  • 0
    BEDS
  • 2.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,477
    SQFT
Type:
Commercial
Built:
1925
County:
Area:

School Ratings & Info

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Description

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!

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-06-12T09:52:09.133.
www.davidmarshallteam.com/homes/148106602
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121 Fraser Avenue Madawaska, ME 04756

  • Price: $550,000
  • Status: Active
  • On Site: Days
  • Updated: 95 min ago
  • MLS #: 1583088
0
Beds
0
Baths
0
½ Baths
2.19
Acres
5,477
SQFT
$100
$/SQFT
1925
Built
County:
Aroostook
Area:
Madawaska
Property Description
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!
Exterior Features

Construction Materials CompositionClapboardWood Frame Garage YN Yes Lot Features DowntownNear Shopping Parking Features Gravel21+ SpacesOn SitePavedOff Street Roof Shingle

Interior Features

Accessibility Features Level Entry Basement FullUnfinished Building Features Fire System Cooling Heat Pump Cooling YN Yes Flooring WoodLaminateConcrete Heating Multi-ZonesHot WaterHeat PumpBaseboard Heating YN Yes Wood Floors YN Yes

Property Features

Association YN No Electric Circuit Breakers Gas Bottled YN Yes Heat Fuel Electric YN Yes Heat Fuel Oil YN Yes Land Lease YN No Other Equipment Internet Access AvailableCable Property Sub Type Mixed Use Sewer Public Sewer Tax Annual Amount 5205 Tax Year 2022 Water Source Public Zoning Commercial

Maine Real Estate Information Systems logo Listing provided courtesy of Realty of Maine: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-06-12T09:52:09.133.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
Mortgage Calculator tool is provided by BoomTown.