121 Fraser Avenue
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 an incredible opportunity to own a fully established restaurant along with a charming 5-room guest house, all nestled in the heart of Madawaska. This turn-key property presents a rare chance for entrepreneurs and investors alike to step into a thriving business with immediate revenue potential. The restaurant comes complete with all necessary equipment and furnishings, allowing for seamless operations from day one. From kitchen appliances to dining area furniture, everything is in place...Welcome to an incredible opportunity to own a fully established restaurant along with a charming 5-room guest house, all nestled in the heart of Madawaska. This turn-key property presents a rare chance for entrepreneurs and investors alike to step into a thriving business with immediate revenue potential. The restaurant comes complete with all necessary equipment and furnishings, allowing for seamless operations from day one. From kitchen appliances to dining area furniture, everything is in place for the new owner to start serving customers immediately. Benefit from an already established customer base drawn to the exceptional dining experience offered by this restaurant. With a reputation for quality cuisine and excellent service, you can step into a business that is already beloved by locals and visitors alike. Situated in a high-traffic area, the restaurant enjoys excellent visibility and accessibility, further enhancing its revenue potential. The 5-room guest house exudes charm and comfort, offering a cozy retreat for visitors seeking accommodation in the area. Each room is tastefully furnished and equipped with amenities to ensure a pleasant stay for guests, including a kitchenette in each room. Each guest room has its own outdoor entry and covered porch for convenience and pleasure, providing a sense of privacy and relaxation for guests. In addition to the restaurant, the guest house presents an additional revenue stream, catering to travelers, tourists, and those visiting the area for various purposes. With hospitality being a booming industry, owning both a restaurant and guest house provides diversified income opportunities. With 2.19 acres of land, ample parking space is available to accommodate both restaurant diners and guest house visitors, ensuring convenience for all. Whether you're an aspiring restaurateur looking for a turn-key business opportunity or an investor seeking a property with multiple income streams this offers the perfect blend!
- Listed by Mindy Braley • Realty of Maine
Property Details for 121 Fraser Avenue
Garage
Yes
ZoningCommercial
Location
Listing Courtesy of Realty of Maine
Add your commute
LISTING UPDATED: 03/13/2024 09:38 AM
Property Details for 121 Fraser Avenue
| Status | Active |
|---|---|
| MLS # | 1583088 |
| Days on Market | 93 |
| 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 |
Location
Listing Courtesy of Realty of Maine
Add your commute
Building Information for 121 Fraser Avenue
Stories4Residences-Year Built1925Lot Size2.19 AC / 95,396 SF
Payment Calculator
$3,708 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,274
Property Taxes
$434
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 121 Fraser Avenue
Summary
Location and General Information
- Zip Code: 1402
- Town: Madawaska
- State/Province: ME
- Zip Code: 04756
- County: Aroostook
- Geo Latitude: 47.355693
- Geo Longitude: -68.33293
- Tax Lot: 277-021
- 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
- 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/1583088
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
- Documents Available: Property Disclosure Public Access, Other Public Access 1, Lead Paint Addendum Public Access
- Leased Land: No
- Property Type: D
- 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
- Accessibility Features: Level Entry
- # Floors: 4
- Bathrooms Total (Integer): 0
- Bathrooms Total (Decimal): .00
- Bathrooms Total (Notational): .00
- Cooling YN: Yes
- Heating YN: Yes
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$20,600Additions$208,200Total$228,800
Tax Record2022$5,205 ($434 / month)
Home Facts
CountyAROOSTOOKAPNMADA M:006 L:0277
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.
