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About the Listing 3259 - 021163
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.
Listing Highlights
Status
Active
Days on Site
30
Property Type
Commercial Sale
MLS ®
1667905
Year Built
1925
Total Square Footage
5,477
Lot/Acreage
2.5
County
Aroostook
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Heat Pump
- Heating: Electric,Oil,Baseboard,Heat Pump,Hot Water,Zoned
- Fireplaces:
- Floor: Concrete,Laminate,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Unfinished
- Other: Storage
- Water: Public
Exterior Details
- Lot Description: Near Shopping
- Garage Capacity: N/A
- Zoning: HDR
- Roof: Rolled/Hot Mop,Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: 21+ Spaces,On Site,Paved,Off Street
Financial Details
- Tax Amount: $5,205
- Taxes w/Assessments: N/A
- Tax/Property ID: MADA-000006-000000-000277
- Tax Year: 2022
Payment Calculator
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Questions About..
121 Fraser Ave Madawaska, ME 04756
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