Madawaska
$600,000
121 Fraser Avenue
mls: 1667905
Bathrooms: 0
Year Built: 1925
Sq Footage: 5,477
Lot Size: 2.5
Taxes: $5,205
Status: Active

Exceptional opportunity to own a well-established restaurant and guest lodging business in the heart of Madawaska. Situated on approximately 2.

Listed by: NextHome Discover

Exceptional opportunity to own a well-established restaurant and guest lodging business in the heart of Madawaska. Situated on approximately 2.5 acres, this turn-key commercial property offers multiple income streams and is ready for its next owner to step in and continue operations. The restaurant is fully equipped and includes the essential kitchen equipment, dining furnishings, and fixtures needed to operate from day one. Known for its welcoming atmosphere and strong community presence, the business benefits from excellent visibility, convenient access, and ample on-site parking for customers and guests. Complementing the restaurant is a charming 5-room guest house, with each room featuring its own private entrance, kitchenette, and covered porch. The guest accommodations provide flexibility for short-term travelers, seasonal visitors, or longer-term rental opportunities, creating additional revenue potential year-round. With an established reputation, a prime location, and the ability to generate income from both hospitality and lodging operations, this property presents a rare investment opportunity in Northern Maine. Whether you're looking to expand your business portfolio, pursue a hospitality venture, or invest in a property with diverse earning potential, this unique offering deserves a closer look. Schedule your private showing today and explore the possibilities.

Listed by: NextHome Discover

Accessibility Features
Level Entry
Appliances
Architectural Style
Basement
Full, Unfinished
Bathrooms Total Integer
0
Body Type
Building Area Total
5477.00
Construction Materials
Wood Frame, Clapboard, Composition
Cooling
Heat Pump
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Flooring
Concrete, Laminate, Wood
Foundation Details
Poured Concrete
Green Energy Efficient
Heating
Electric, Oil, Baseboard, Heat Pump, Hot Water, Zoned
Heating Yes/No
1
Interior Features
Storage
Laundry Features
Lot Features
Near Shopping
Lot Size Acres
2.5000
Other Equipment
Other Structures
Shed(s)
Parking Features
21+ Spaces, On Site, Paved, Off Street
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Rolled/Hot Mop, Shingle
Sewer
Public Sewer
Tax Annual Amount
5205.00
Utilities
Water Source
Public
Waterfront Features
Year Built
1925
Zoning
HDR