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:
6/18/2026
Last Modified:
6/18/2026
Overview
Description
...
(Read more)
Exceptional opportunity to own a well-established restaurant and guest lodging business in the heart of Madawaska. Situated on approximately 2.5 acres, this turn-key commercial property offers multiple income streams and is ready for its next owner to step in and continue operations.
The restaurant is fully equipped and includes the essential kitchen equipment, dining furnishings, and fixtures needed to operate from day one. Known for its welcoming atmosphere and strong community presence, the business benefits from excellent visibility, convenient access, and ample on-site parking for customers and guests.
Complementing the restaurant is a charming 5-room guest house, with each room featuring its own private entrance, kitchenette, and covered porch. The guest accommodations provide flexibility for short-term travelers, seasonal visitors, or longer-term rental opportunities, creating additional revenue potential year-round.
With an established reputation, a prime location, and the ability to generate income from both hospitality and lodging operations, this property presents a rare investment opportunity in Northern Maine. Whether you're looking to expand your business portfolio, pursue a hospitality venture, or invest in a property with diverse earning potential, this unique offering deserves a closer look. Schedule your private showing today and explore the possibilities.
Listing Details MLS# 1667905
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
- 191/17
- 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
- General Commercial
- Surveyed
- No
- Deed/Conveyance Type Offered
- Warranty
- Deed
- All
- Year Built
- 1925
- SqFt Finished Total
- 5477
- Lot Size Acres +/-
- 2.5
More Information
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
Last Updated: June - 18 - 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.
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