ME > Madawaska
Madawaska, ME 04756,284 Main ST
Madawaska, ME 04756,284 Main ST
Madawaska, ME 04756,284 Main ST
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Monet Yarnell

Monet Yarnell

+1(207) 461-4740
Listed by Crown Lakes Realty
$320,000
2 Baths
8,134 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 8,134 sqft

MLS Listing ID 1611352

Style Other

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 5,574

Year Built 1923

Annual Tax Amount $4,438

Tax Year 2023

Lot Size 4,356 Sqft

Acres 0.1

Source Maine Listings

Property Description

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. FULLY SPRINKLED and Fire Marshall Compliant. Pre Qualified buyers can call to arrange tours of the property.

Location

State ME

County Aroostook

Zoning Commercial

Rooms

Basement Walk-Out Access, Full

Interior

Heating Stove, Hot Water

Cooling None

Flooring Wood, Tile, Laminate

Exterior

Parking Features No Driveway, On Street

Utilities Available 1

View Y/N No

Roof Type Membrane,Metal

Street Surface Paved

Garage No

Building

Lot Description Corner Lot, Sidewalks, Intown, Near Shopping, Near Railroad

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Other Exterior,Masonry

Others

Energy Description Pellets, Oil

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Maine MLS (MREIS) IDX
agent

${companyName}

Phone

+1(207) 461-4740

Address

111 High St, Belfast, ME

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