1-21 Spruce Street, Madison, ME 04950

$750,000

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Property Type: Commercial Square Footage: 54,014 Lot Size (sq. ft.): 54,014 Status: Active

Current Price: $750,000 List Date: 3/31/2026 Last Modified: 4/23/2026

Overview

Description

Located off of Spruce Street close to downtown Madison is a licensed 20 site mobile home park. Fifteen owner owned and three sites rented , with potential development. Public water and sewer, with each home having their own meter. Rents are below market average with 100% occupancy, come on and check out this great investment opportunity.

Listing Details MLS# 1655873

Location Information

Street #: 1-21
Street Name: Spruce
Street Type: Street
County: Somerset
Town: Madison
State/Province: ME
Zip Code: 04950
Leased Land: No
Book: 3186
Page: 177
Map: 15
Lot: 001
Zoning: Residential
Tree Growth Y/N: No
Association Y/N: No

Contract Information

Original List Price: 750000

Property Information

Primary Use: General Commercial
Surveyed: Unknown
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Tenancy: Multiple Tenants
SqFt Finished Total: 54014
Lot Size Acres +/-: 1.24

Location

Downtown: Yes

Property Uses

Mobile/Trailer Park: Yes

Construction

Mobile: Yes

More Information

Body Type

Single Wide: Yes

Basement

None: Yes

Foundation Materials

Gravel/Pad: Yes

Exterior

Metal Clad: Yes
Vinyl Siding: Yes

Roof

Shingle: Yes

Heat System

Forced Air: Yes

Heat Fuel

K-1/Kerosene: Yes

Floors

Carpet: Yes
Linoleum: Yes
Vinyl: Yes

Parking

1 - 4 Spaces: Yes
On Site: Yes

Gas

No Gas: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Listing Terms

1031 Exchange: Yes
Owner May Carry: Yes

Property Features

Location: Downtown Construction: Mobile Body Type: Single Wide Property Uses: Mobile/Trailer Park Basement: None Foundation Materials: Gravel/Pad Exterior: Metal Clad; Vinyl Siding Roof: Shingle Heat System: Forced Air Heat Fuel: K-1/Kerosene Floors: Carpet; Linoleum; Vinyl Parking: 1 - 4 Spaces; On Site Gas: No Gas Sewer: Public Sewer Water: Public Listing Terms: 1031 Exchange; Owner May Carry

Documents

Map ›

Deed Public Access ›

Property Disclosure Public Access ›

IDX

Listing Office: ERA Dawson-Bradford Co.

Last Updated: April - 23 - 2026

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. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.