$600,000
Active
72 Days Online
0 Beds0 Baths5,477 SQFT
Active

121 Fraser Avenue Madawaska, ME 04756

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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!

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyAroostook
  • Taxes$5,205
  • HOA/Condo/Coop Fees$0
  • Days on Site71 Days
  • MLS StatusActive
  • MLS ID Number1583088
  • Home Size Source N/A
  • Year Built1925
  • Lot Size2.19 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Clapboard
  • Building Features Fire System
  • Parking Gravel21+ SpacesOn SitePavedOff Street
  • Sewer Public Sewer
  • Electric Circuit Breakers
  • Basement FullUnfinished
  • Number of Stories 4
  • Acreage 2.19
  • Water Public
  • Property Sub Type Mixed Use
  • Zoning Commercial

Interior Features

  • Cooling Heat Pump
  • Heating Multi- ZonesHot WaterHeat PumpBaseboard
  • Flooring WoodLaminateConcrete

Exterior Features

  • Roof Shingle
  • Lot DowntownNear Shopping

Community Features

  • Building Features Fire System

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Monthly Payment (Est.)

$3,223
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