$109.55 Per Sq Foot $3,221 est/mo Sourced by Back At You

121 Fraser Avenue,Madawaska, ME 04756

Madawaska ME, 04756

Share with a friend

PreviousNext

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 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!

Details

MLS#1583088
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1925
Days On Site90
Listing Provided ByRealty of Maine | Mindy Braley

Features

SQ Feet5,477
BasementY
Story(s)4
ZoningCommercial
Acreage2.19

Market Activity 04756

    
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. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 8 minutes ago

Contact

Learn More About This Property

StateME
CountyAroostook
CityMadawaska
Zip Code04756
Listing VS Median (in 04756)
Price:
$600,000
low | high
Med:
$165,000
100% of Average
SqFt:
5,477
low | high
Med:
2,664
100% of Average
$ / SqFt:
$110
low | high
Med:
$71
85.499450231481% of Average
On Site:
90
low | high
Med:
51.500000
100% of Average
Sourced by Back At You
Listing Updated: May 20, 2024 at 11:27:15 PM PDT
Real Estate Links Our Domains