Madawaska
$215,000
334 Main Street
mls: 1655147
Bathrooms: 4
Year Built: 1948
Sq Footage: 2,915
Lot Size: 0.08
Taxes: $1,829
Status: Active

Prime Multi-Use Building in the Heart of Downtown Madawaska! Endless possibilities await with this versatile multi-use building situated in the bustling heart of downtown Madawaska! Whether you're an investor seeking strong income potential or an entrepreneur ready to establish your business, this property offers a prime location, ample space, and multiple revenue streams.

Listed by: NextHome Discover

Prime Multi-Use Building in the Heart of Downtown Madawaska! Endless possibilities await with this versatile multi-use building situated in the bustling heart of downtown Madawaska! Whether you're an investor seeking strong income potential or an entrepreneur ready to establish your business, this property offers a prime location, ample space, and multiple revenue streams. The main level features over 850 sq. ft. of highly visible retail or commercial space with excellent downtown exposure and steady foot traffic. Ideal for retail, office space, café, or a variety of service-based businesses. Recently, the first level also underwent renovations including the addition of a brand-new 1-bedroom, 1-bathroom apartment at the rear of the building, creating even more income potential. This unit offers modern updates, its own heat pump, and separate utilities, allowing the tenant to pay their own heating and electricity costs. The upper levels include two additional residential units. The second floor offers a spacious 3-bedroom apartment perfect for owner-occupancy or rental income. The third floor features a cozy 1-bedroom unit with great rental potential. Additional features include a partially finished basement providing excellent dry storage space, as well as convenient rear garage door access for easy loading and unloading. Mixed-use zoning allows for flexible commercial and residential opportunities, making this an ideal property for investors or owner-operators alike. This property is a rare find in Madawaska's thriving downtown district--maximize your investment with multiple rental streams while operating your own business or leasing out the commercial space. Don't miss this unique opportunity! Contact me today for more details or to schedule your private showing.

Listed by: NextHome Discover

Above Grade Finished Area
2665.00
Accessibility Features
Appliances
Architectural Style
Other
Basement
Interior Entry
Bathrooms Full
3
Bathrooms Half
1
Bathrooms Total Integer
4
Below Grade Finished Area
250.00
Body Type
Building Area Total
2915.00
Construction Materials
Cooling
Heat Pump
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Flooring
Laminate
Foundation Details
Garage Spaces
0.00
Green Energy Efficient
Heating
Baseboard, Heat Pump
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Business District
Lot Size Acres
0.0800
Other Equipment
Other Structures
Parking Features
Patio And Porch Features
Porch
Pets Allowed
Property Condition
Roof
Shingle
Sewer
Public Sewer
Tax Annual Amount
1829.00
Utilities
Utilities On, Pole
Water Source
Public
Year Built
1948
Zoning
Commercial