735 Main Street, Madawaska, ME 04756

$695,000

Property Type: Commercial Square Footage: 16,772 Lot Size (sq. ft.): 223,463 Status: Active

Current Price: $695,000 List Date: 11/17/2025 Last Modified: 4/29/2026

Overview

Description

The Gateway Motel presents a rare value-add lodging opportunity in the heart of Maine's St. John Valley. The property includes 33 rentable guest rooms, an on-site restaurant with a full commercial kitchen, and an attached 3-bedroom owner's residence, offering convenience and operational efficiency for an owner-operator. An additional 12 units are not currently rentable, requiring full renovation—providing meaningful upside for a buyer looking to expand room count and reposition the asset. The property benefits from excellent visibility, ample parking, and several demand drivers in the region, including outdoor recreation and local workforce travel. While current operations are limited, the Gateway Motel offers a solid foundation for new ownership to modernize, rebrand, and capture the area's lodging needs.

Listing Details MLS# 1643748

Location Information

Street #: 735
Street Name: Main
Street Type: Street
County: Aroostook
Town: Madawaska
State/Province: ME
Zip Code: 04756
Zip +4: 3030
Leased Land: No
Book: 2259
Page: 63
Map: 11
Lot: 43
Zoning: Rural Farm & Forest
Zoning Overlay: Unknown
Full Tax Amount $: 15208
Tax Year: 2022
Tree Growth Y/N: No
Association Y/N: No

Contract Information

Original List Price: 850000

Property Information

Primary Use: General Commercial
Surveyed: Yes
Deed: All
Bank Owned REO: No
Year Built: 1959
SqFt Finished Total: 16772
Lot Size Acres +/-: 5.13

Water Info

Water Frontage: No

Location

Other Location: Yes

Property Uses

Hotel/Motel: Yes
Other: Yes
Restaurant: Yes

More Information

Roof

Metal: Yes

Parking

21+ Spaces: Yes
On Site: Yes
Paved: Yes

Property Features

Location: Other Location Property Uses: Hotel/Motel; Other; Restaurant Roof: Metal Parking: 21+ Spaces; On Site; Paved

Documents

Property Disclosure Public Access ›

IDX

Listing Office: Keller Williams Realty

Last Updated: April - 29 - 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.