98 Main Street, Madison, ME 04950

$650,000
Property Type: Commercial Square Footage: 3,791 Lot Size (sq. ft.): 13,504 Status: Active
Current Price: $650,000 List Date: 6/29/2025 Last Modified: 11/18/2025

Description

Unique commercial offering in the heart of downtown Madison. Two adjacent, historic buildings—ideal for events, professional offices, live/work, or creative commercial use. High-visibility location with approx. 10,000+ vehicles/day. 98 Main - The Chapel: Circa 1892 brick church (approx. 3,791±SF per town records) with working bell tower, original stained-glass, vaulted ceilings, and woodwork. Currently used as an event space. Main sanctuary seats approx. 160; lower level adds flexible space. Infrastructure includes steam boiler and fire alarm. Recent updates: brick repointing, window restoration. Some repairs needed—see disclosures. 96 Main - The Cottage: Former parsonage now offers flexible commercial use. Approx. 5-6 BRs, 2 full BAs, updated kitchen/baths, pocket doors, red oak floors, full basement, and accessible ramp. Features include 4-season porch (prior rental use), sprinkler system, and 3rd-fl bonus room. Ideal for office, retreat space, on-site housing, or lodging. Search ''Karningul Cottage'' for more details! Additional Info: Both buildings sold together, 96 & 98 Main. Two structures on one lot, one deed. Sale includes most furnishings; some personal/art/antique items excluded. Current business not included but may be negotiable. Commercial zoning. Ample off-street parking. Short distance to shops, town office, and more. Near Skowhegan, Augusta, Waterville, and Farmington.

Supplements: ********

More Information MLS# 1628619

Location Information

Book: 6286 Leased Land: No Page: 57 Map: 19 Lot: 149 Tree Growth Y/N: No Association Y/N: No Street #: 98 Street Name: Main Street Type: Street County: Somerset Town: Madison State/Province: ME Zip Code: 04950 Zip +4: 1225 Zoning: Commercial Full Tax Amount $: 1621 Tax Year: 2024 Geo Lat: 44.798009 Geo Lon: -69.880148

Property Information

Primary Use: General Commercial Surveyed: No Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Yes Bank Owned REO: No Lot Size Acres +/-: 0.31 Year Renovated +/-: 1927 Leases: No Road Frontage +/-: 303 Year Built: 1892 SqFt Finished Total: 3791

Location

Business District: 1 Downtown: 1 Near Shopping: 1

Easement Remarks

Easement Remarks: See Deed

Commercial Bldg Information

Maximum Floor Capacity: 160 Total Units: 2 Traffic Count +/-: 10000

Water Info

Water Frontage: No

Property Uses

Bar/Tavern/Lounge: 1 Bed & Breakfast: 1 Church: 1 Commercial: 1 Restaurant: 1

Construction

Masonry: 1 Wood Frame: 1

Other Structures

Outbuilding: 1

Levels

Multi-Level: 1

Basement

Daylight: 1 Finished: 1 Full: 1 Other: 1 Other Description: #96 has full unfinished basement

Foundation Materials

Brick/Mortar: 1 Poured Concrete: 1

Exterior

Brick: 1 Vinyl Siding: 1

Roof

Metal: 1 Shingle: 1

Heat System

Hot Water: 1 Radiator: 1 Steam: 1 Zoned: 1

Heat Fuel

Oil: 1

Cooling

Window Unit(s): 1

Floors

Carpet: 1 Hardwood: 1 Laminate: 1 Tile: 1 Wood: 1

Accessibilitiy Amenities

32 - 36 Inch Doors: 1 Other Bath Modifications: 1 Ramped Main Level: 1

Building Features

Fire System: 1 Internet Access Available: 1 Sprinkler - Wet: 1 Storage: 1

Parking

Other Parking: 1 21+ Spaces: 1 Off Street: 1 On Site: 1 On Street: 1 Paved: 1

Electric

Circuit Breakers: 1

Utilities

Utilities On: Yes

Gas

Bottled: 1

Sewer

Public Sewer: 1

Water

Public: 1

Contract Information

Status: Active Original List Price: 690000 List Price: $650,000 Current Price: $650,000

Property Features

Location: Business District; Downtown; Near Shopping Construction: Masonry; Wood Frame Other Structures: Outbuilding Levels: Multi-Level Property Uses: Bar/Tavern/Lounge; Bed & Breakfast; Church; Commercial; Restaurant Basement: Daylight; Finished; Full; Other Foundation Materials: Brick/Mortar; Poured Concrete Exterior: Brick; Vinyl Siding Roof: Metal; Shingle Heat System: Hot Water; Radiator; Steam; Zoned Heat Fuel: Oil Cooling: Window Unit(s) Floors: Carpet; Hardwood; Laminate; Tile; Wood Building Features: Fire System; Internet Access Available; Sprinkler - Wet; Storage Parking: 21+ Spaces; Off Street; On Site; On Street; Other Parking; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: EXP Realty
IDX
Last Updated: November - 18 - 2025
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