735 Main Street, Madawaska, ME 04756
$850,000
Property Type:
Commercial
Square Footage:
16,772
Lot Size (sq. ft.):
223,463
Status:
Active
Current Price:
$850,000
List Date:
11/17/2025
Last Modified:
12/15/2025
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.
Supplements: ********
More Information MLS# 1643748
Location Information
Book: 2259
Leased Land: No
Page: 63
Map: 11
Lot: 43
Zoning Overlay: Unknown
Tree Growth Y/N: No
Association Y/N: No
Street #: 735
Street Name: Main
Street Type: Street
County: Aroostook
Town: Madawaska
State/Province: ME
Zip Code: 04756
Zip +4: 3030
Zoning: Rural Farm & Forest
Full Tax Amount $: 15208
Tax Year: 2022
Geo Lat: 47.349235
Geo Lon: -68.283254
Property Information
Primary Use: General Commercial
Surveyed: Yes
Deed: All
Bank Owned REO: No
Lot Size Acres +/-: 5.13
Year Built: 1959
SqFt Finished Total: 16772
Location
Other Location: 1
Water Info
Water Frontage: No
Property Uses
Hotel/Motel: 1
Other: 1
Restaurant: 1
Roof
Metal: 1
Parking
21+ Spaces: 1
On Site: 1
Paved: 1
Contract Information
Status: Active
Original List Price: 850000
List Price: $850,000
Current Price: $850,000
Property Features
Location: Other Location
Property Uses: Hotel/Motel; Other; Restaurant
Roof: Metal
Parking: 21+ Spaces; On Site; Paved
Documents
Property Disclosure Public Access ›
Listing Office:
Keller Williams Realty
IDX
Last Updated: December - 15 - 2025
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