$600,000

Est. Mortgage $0/mo *

Quick Pre-Approval

Virtual Tour Brochure

Call Text Schedule Tour Request More Information

121 Fraser Avenue, Madawaska, ME, 04756

121 Fraser Avenue, Madawaska, ME, 04756
View larger map Directions

5 Full baths

1925

Colonial, Bed & Breakfast, Multi-Level, New Englander

5,477 sqft

Welcome to a unique opportunity to own a thriving restaurant and charming 5-room guest house in the heart of Madawaska. This turn-key property is ideal for entrepreneurs and investors looking to step into an established business with immediate revenue potential. The fully equipped restaurant includes all essential kitchen appliances, dining furniture, and furnishings, enabling you to start operations seamlessly from day one. With a strong local reputation for quality cuisine and excellent service, the restaurant already enjoys a loyal customer base, attracting both residents and visitors. Located in a high-traffic area with great visibility, this restaurant benefits from consistent foot traffic, maximizing its income potential. Additionally, the delightful 5-room guest house offers a cozy and private retreat for visitors, each room thoughtfully furnished with its own kitchenette, private entrance, and covered porch. This guest house not only provides a relaxing experience for travelers but also serves as a valuable additional income stream. Set on 2.5 acres, the property includes ample parking to comfortably accommodate both restaurant patrons and guest house visitors. With the hospitality industry thriving, owning this restaurant and guest house combination offers diverse income possibilities and incredible growth potential. Whether you're an aspiring restaurateur looking for a turn-key operation or an investor seeking multiple revenue streams, this property presents the perfect blend of opportunity and charm! Also listed under 1605531

Status:

Active

Type:

Multi-family

Units:

5

Zoning:

HDR

Garage:

1-car

Heating:

Multi-Zones, Hot Water, Heat Pump, Baseboard

Cooling:

Heat Pump

Basement:

Full, Interior Entry, Unfinished

Levels:

3

Parking:

21+ Spaces, Gravel, Paved, On Site, Detached, Off Street

Acreage:

2.5

Est. Taxes:

$5,205

Construction

Composition, Clapboard, Wood Frame

Utilities

Utilities On, Pole

Lot Description:

Open Lot, Rolling Slope, Sidewalks, Landscaped, Intown, Near Shopping, Near Town, Neighborhood

View Description:

Trees/Woods, Mountain(s), Scenic

MLS #:

1605542

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

$619,900

3.5 baths

3,602 sqft

77 Fletcher Street, Kennebunk, ME, 04043

$575,000

5 baths

3,926 sqft

199-201 Center Street, Bangor, ME, 04401

$550,000

3 baths

2,228 sqft

2 Granite Street, Biddeford, ME, 04005

Price Reduced!

$575,000

2 baths

3,912 sqft

1727-1729 Hotel Road, Auburn, ME, 04210

Price Reduced!

$599,999

2 baths

2,208 sqft

108 Eight Rod Road, Augusta, ME, 04330

$629,500

3.5 baths

5,572 sqft

9 W Myrtle Street, Biddeford, ME, 04005

$595,000

4 baths

2,708 sqft

102 Congress Street, Belfast, ME, 04915

$549,500

4 baths

4,267 sqft

1 Noyes Court, Augusta, ME, 04330

$625,000

3.5 baths

3,321 sqft

95 Harpswell Road, Brunswick, ME, 04011

Price Reduced!

$599,900

2 baths

2,040 sqft

59 Manson Road, Kittery, ME, 03904

$550,000

2 baths

1,903 sqft

19 Harding Street, Biddeford, ME, 04005

$569,000

2 baths

2,438 sqft

125 West Street, Biddeford, ME, 04005

Price Reduced!

$639,000

7 baths

4,080 sqft

282 Main Street, Jackman, ME, 04945

Price Reduced!

$570,000

3.5 baths

3,700 sqft

9 State Park Road, Dover-Foxcroft, ME, 04426

Price Reduced!

$549,000

5 baths

6,314 sqft

26 Webster Street, Lewiston, ME, 04240

$650,000

8 baths

6,951 sqft

247 Main Street, Fairfield, ME, 04937

New or Coming Soon Properties

New Listing!

$490,000

3 baths

2,044 sqft

4 & 10 Bogg Mills Lane, Buxton, ME, 04093

New Listing!

$625,000

3 baths

2,240 sqft

34 Birchwood Road, Gray, ME, 04039

New Listing!

$625,000

3 baths

1,872 sqft

2 Sams Place, Kennebunk, ME, 04043

New Listing!

$489,900

4 baths

4,064 sqft

22 Railroad Avenue, Sanford, ME, 04083

Price Reduced!

$499,000

2 baths

1,828 sqft

7 Raymond Hill Road, Raymond, ME, 04071

New Listing!

$550,000

213-215 Overlook Road, Lagrange, (La Grange), ME, 12603

New Listing!

$549,900

2 baths

1,460 sqft

1 Horton Place, Portland, ME, 04102

New Listing!

$650,000

2 baths

2,344 sqft

117-119 Sherwood Street, Portland, ME, 04103

$649,000

2 baths

2,244 sqft

9 Whitehall Avenue, South Portland, ME, 04106

$589,000

3 baths

2,112 sqft

725 Bonny Eagle Road, Standish, ME, 04084

New Listing!

$549,900

2 baths

1,194 sqft

53 Tenney Hill Road, Kittery, ME, 03905

New Listing!

$524,000

3.5 baths

1,790 sqft

20 Canal Street, Machias, ME, 04654

$610,000

2 baths

1,820 sqft

21 Suffolk Street, Rockland, ME, 04841


Listing courtesy of Realty of Maine