Madawaska
$199,000
328 Main Street
mls: 1679218
Bathrooms: 0
Year Built: 1927
Sq Footage: 4,288
Lot Size: 0.15
Taxes: $5,974
Status: Active

This versatile mixed-use property offers an incredible combination of spacious residential living and income-producing commercial space, all under one roof.

Listed by: NextHome Discover

This versatile mixed-use property offers an incredible combination of spacious residential living and income-producing commercial space, all under one roof. The upper level features an expansive three-bedroom, two-bath residence filled with amenities and plenty of room to live, work, relax, and entertain. The updated kitchen offers newer cabinetry, flooring, and appliances, while the home's generous layout includes a large game room with a full-size pool table, dedicated office space, private sauna, hot tub, tanning bed, and a one-of-a-kind bar area incorporating pieces of Madawaska's local history. An enclosed wraparound porch provides additional living and entertaining space while overlooking the St. John Valley and surrounding scenery. Storage is certainly not lacking here. A full walk-up attic provides an abundance of additional space, while the oversized drive-in basement offers even more possibilities. The basement is equipped with a floor drain, compressed-air system with lines throughout the space, and multiple additional storage rooms—making it especially useful for vehicles, equipment, hobbies, or workshop needs. Professional spray-foam insulation throughout the building adds to its overall energy efficiency. At street level, the commercial portion of the property is divided into two separate spaces. One unit is currently occupied by a professional tenant under a two-year lease, providing an existing source of rental income. The larger commercial space is finished, vacant, and ready for its next use. Its flexible layout lends itself to a variety of retail, office, service, or other commercial possibilities. Whether you're an entrepreneur looking for the convenience of living and working in the same building, an investor interested in multiple income streams, or simply searching for a property with an extraordinary amount of space and flexibility, this one offers opportunities that are hard to find in the St. John Valley.

Listed by: NextHome Discover

Accessibility Features
Appliances
Architectural Style
Basement
Walk-Out Access, Full, Unfinished
Bathrooms Total Integer
0
Body Type
Building Area Total
4288.00
Construction Materials
Wood Frame, Brick, Vinyl Siding
Cooling
Heat Pump
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Flooring
Carpet, Tile, Wood
Foundation Details
Poured Concrete
Garage Yes/No
1
Green Energy Efficient
Heating
Oil, Wood, Heat Pump, Hot Water, Zoned
Heating Yes/No
1
Interior Features
Storage
Laundry Features
Lot Features
Business District, Downtown, Near Shopping, Retail Strip, Water View
Lot Size Acres
0.1500
Other Equipment
Other Structures
Parking Features
1 - 4 Spaces, Garage
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Shingle
Sewer
Public Sewer
Tax Annual Amount
5974.00
Utilities
Water Source
Public
Waterfront Features
Nearby
Year Built
1927
Zoning
Commercial