121 Fraser AVE Active Save Request In-Person Tour Request Virtual Tour
Madawaska,ME 04756
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 5,477 sqft
Price per Sqft $109
MLS Listing ID 1620112
Style Victorian
Full Baths 5
Year Built 1925
Annual Tax Amount $5,205
Tax Year 2022
Lot Size 2.500 Acres
Property 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, 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 #1620110
Location
State ME
County Aroostook
Zoning HDR
Interior
Heating Zoned,Hot Water,Heat Pump,Baseboard
Cooling Heat Pump
Flooring Wood,Laminate,Concrete
Equipment Internet Access Available
Exterior
Parking Features 21+ Spaces,Gravel,Paved,On Site,Detached,Off Street
Garage Spaces 1.0
Utilities Available 1
View Y/N Yes
View Trees/Woods,Scenic
Roof Type Rolled/Hot Mop,Shingle
Building
Lot Description Well Landscaped,Rolling/Sloping,Open,Sidewalks,Intown,Near Shopping,Near Town,Neighborhood
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Composition,Clapboard,Wood Frame
Others
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1620112