121 Fraser Avenue, Madawaska, ME 04756 ⋆

121 Fraser Avenue, Madawaska, ME 04756

$600,000

Virtual Tour

https://www.propertypanorama.com/instaview/mreis/1641028

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: 3/30/2026

Overview

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 ... (Read more)

Listing Details MLS# 1641028

Location Information

Street #: 121
Street Name: Fraser
Street Type: Avenue
County: Aroostook
Town: Madawaska
State/Province: ME
Zip Code: 04756
Zip +4: 1402
Leased Land: No
Book: 2264-2306
Page: 191-137
Map: 6
Lot: 277-021-20A
Zoning: HDR
Zoning Overlay: Unknown
Full Tax Amount $: 5205
Tax Year: 2022
Tree Growth Y/N: No
Association Y/N: No

Contract Information

Original List Price: 600000

Property Information

Primary Use: Mixed Use
Surveyed: No
Deed/Conveyance Type Offered: Warranty
Year Built: 1925
SqFt Finished Total: 5477
Lot Size Acres +/-: 2.5

Levels

Multi-Level: Yes

Location

Near Shopping: Yes

Property Uses

Bar/Tavern/Lounge: Yes
Bed & Breakfast: Yes
Executive Suites: Yes
Hotel/Motel: Yes
Restaurant: Yes

More Information

Construction

Wood Frame: Yes

Other Structures

Shed(s): Yes

Basement

Full: Yes
Unfinished: Yes

Foundation Materials

Poured Concrete: Yes

Exterior

Clapboard: Yes
Composition: Yes

Roof

Rolled/Hot Mop: Yes
Shingle: Yes

Heat System

Baseboard: Yes
Heat Pump: Yes
Hot Water: Yes
Zoned: Yes

Heat Fuel

Electric: Yes
Oil: Yes

Cooling

Heat Pump: Yes

Floors

Concrete: Yes
Laminate: Yes
Wood: Yes

Accessibilitiy Amenities

Level Entry: Yes

Building Features

Storage: Yes

Parking

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

Electric

Circuit Breakers: Yes

Gas

Bottled: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

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: March - 30 - 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 ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

121 Fraser Avenue, Madawaska, ME 04756 (MLS# 1641028)