121 Fraser Avenue, Madawaska, ME 04756
$600,000
Property Type:
Commercial
Square Footage:
5,477
Lot Size (sq. ft.):
108,900
Status:
Active
Current Price:
$600,000
List Date:
10/16/2025
Last Modified:
12/13/2025
Description
Welcome to a unique opportunity to own a thriving restaurant and charming 5-room guest house in the heart of Madawaska. This turn-key property is ideal for entrepreneurs and investors looking to step into an established business with immediate revenue potential. The fully equipped restaurant includes all essential kitchen appliances, dining furniture, and furnishings, enabling you to start operations seamlessly from day one. With a strong local reputation for quality cuisine and excellent service, the restaurant already enjoys a loyal customer base, attracting both residents and visitors. Located in a high-traffic area with great visibility, this restaurant benefits from consistent foot traffic, maximizing its income potential. Additionally, the delightful 5-room guest house offers a cozy and private retreat for visitors, each room thoughtfully furnished with its own kitchenette, private entrance, and covered porch. This guest house not only provides a relaxing experience for travelers but also serves as a valuable additional income stream. Set on 2.5 acres, the property includes ample parking to comfortably accommodate both restaurant patrons and guest house visitors. With the hospitality industry thriving, owning this restaurant and guest house combination offers diverse income possibilities and incredible growth potential. Whether you're an aspiring restaurateur looking for a turn-key operation or an investor seeking multiple revenue streams, this property presents the perfect blend of opportunity and charm!
Supplements: ********
More Information MLS# 1641028
Location Information
Book: 2264-2306
Leased Land: No
Page: 191-137
Map: 6
Lot: 277-021-20A
Zoning Overlay: Unknown
Tree Growth Y/N: No
Association Y/N: No
Street #: 121
Street Name: Fraser
Street Type: Avenue
County: Aroostook
Town: Madawaska
State/Province: ME
Zip Code: 04756
Zip +4: 1402
Zoning: HDR
Full Tax Amount $: 5205
Tax Year: 2022
Geo Lat: 47.35554
Geo Lon: -68.332437
Property Information
Primary Use: Mixed Use
Surveyed: No
Deed/Conveyance Type Offered: Warranty
Lot Size Acres +/-: 2.5
Year Built: 1925
SqFt Finished Total: 5477
Levels
Multi-Level: 1
Location
Near Shopping: 1
Property Uses
Bar/Tavern/Lounge: 1
Bed & Breakfast: 1
Executive Suites: 1
Hotel/Motel: 1
Restaurant: 1
Construction
Wood Frame: 1
Other Structures
Shed(s): 1
Basement
Full: 1
Unfinished: 1
Foundation Materials
Poured Concrete: 1
Exterior
Clapboard: 1
Composition: 1
Roof
Rolled/Hot Mop: 1
Shingle: 1
Heat System
Baseboard: 1
Heat Pump: 1
Hot Water: 1
Zoned: 1
Heat Fuel
Electric: 1
Oil: 1
Cooling
Heat Pump: 1
Floors
Concrete: 1
Laminate: 1
Wood: 1
Accessibilitiy Amenities
Level Entry: 1
Building Features
Storage: 1
Parking
21+ Spaces: 1
Off Street: 1
On Site: 1
Paved: 1
Electric
Circuit Breakers: 1
Gas
Bottled: 1
Sewer
Public Sewer: 1
Water
Public: 1
Contract Information
Status: Active
Original List Price: 600000
List Price: $600,000
Current Price: $600,000
Property Features
Location: Near Shopping
Construction: Wood Frame
Other Structures: Shed(s)
Levels: Multi-Level
Property Uses: Bar/Tavern/Lounge; Bed & Breakfast; Executive Suites; Hotel/Motel; Restaurant
Basement: Full; Unfinished
Foundation Materials: Poured Concrete
Exterior: Clapboard; Composition
Roof: Rolled/Hot Mop; Shingle
Heat System: Baseboard; Heat Pump; Hot Water; Zoned
Heat Fuel: Oil
Cooling: Heat Pump
Floors: Concrete; Laminate; Wood
Building Features: Storage
Parking: 21+ Spaces; Off Street; On Site; Paved
Electric: Circuit Breakers
Gas: Bottled
Sewer: Public Sewer
Water: Public
Listing Office:
NextHome Discover
IDX
Last Updated: December - 13 - 2025
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 ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.