121 Fraser Avenue
Madawaska, ME 04756
$600,000
Price
—
Beds
5,477 Sq. Ft.
$110 / Sq. Ft.
5,477
Sq. Ft.
$110
per Sq. Ft.
Description
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,...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 1605542
- Listed by Mindy Braley • Realty of Maine
Property Details for 121 Fraser Avenue
Waterfront
No
GarageYes
ZoningHDR
LISTING UPDATED: 11/16/2024 05:06 PM
Property Details for 121 Fraser Avenue
| Status | Active |
|---|---|
| MLS # | 1605531 |
| Days on Market | 47 |
| Taxes | $5,205 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Commercial / Mixed Use |
| Year Built | 1925 |
| Lot Size | 2.19 AC / 95,396 SF |
| County | Aroostook County |
Building Information for 121 Fraser Avenue
Stories4Residences5Year Built1925Lot Size2.19 AC / 95,396 SF
Property Information for 121 Fraser Avenue
Summary
Location and General Information
- Zip Code: 1402
- Directions: Turn up 12th ave and take your first right, drive straight until you see Dubois Restaurant.
- Town: Madawaska
- State/Province: ME
- Zip Code: 04756
- County: Aroostook
- Geo Latitude: 47.35554
- Geo Longitude: -68.332437
- Tax Lot: 277-021-20A
- Location:Downtown: Yes
- Location:Near Shopping: Yes
Parking
- Parking Features: Gravel, 21+ Spaces, On Site, Paved, Off Street
Taxes and HOA Information
- Tax Book Number: 2264/2306
- Tax Map Number: 6
- Tax Year: 2022
- Parcel Number: MADA-000006-000000-000277
- Location Information:Association Y/N: No
- Tax Annual Amount: $5,205.00
Virtual Tour
- Virtual Tour URLUnbranded: https://www.propertypanorama.com/instaview/mreis/1605531
Property
Lot Information
- Lot Size Acres: 2.19
- Building Area Total: 5477.0
- Lot Size Area: 2.19
- Lot Size Units: Acres
- Lot Size Square Feet: 95396.4
- Street Number: 121
- Property Information:Surveyed: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Property Information:Year Renovated +/-: 2,017.00
- Property Information:Total # Floors: 4.00
Property and Assessments
- Leased Land: No
- Property Type: Commercial
- Property Type Label: Commercial
- Property Sub-Type: Mixed Use
- Year Built: 1925
Utilities
- Electric: True
- Sewer: Public Sewer
- Water Source: Public
- Other Equipment: Internet Access Available, Cable
- Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Composition, Clapboard, Wood Frame
- Roof: Shingle
Interior Features
- Basement: Full, Unfinished
- Flooring: Wood, Laminate, Concrete
- Cooling: Heat Pump
- Heating: Multi-Zones, Hot Water, Heat Pump, Baseboard
- Foundation Details: Concrete Perimeter
- Accessibility Features: Level Entry
- # Floors: 4
- Bathrooms Total (Integer): 0
- Bathrooms Total (Decimal): .00
- Bathrooms Total (Notational): .00
- Cooling YN: Yes
- Heating YN: Yes
Multi Family
Multi-Family Information
- Number of Units: 5
Property History for 121 Fraser Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 121 Fraser Avenue
Taxable ValueLand$6,300Additions-Total$6,300
Tax Record2022$143 ($12 / month)
Home Facts
CountyAROOSTOOKAPNMADA M:006 L:020A
Schools near 121 Fraser Avenue
This home is within Madawaska Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Madawaska Elementary School PublicPK to 6 | ||
Madawaska Middle/High School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Realty of Maine
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
