Price Reduced 7.50%

$259,000

Est. Mortgage $0/mo *

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Price History

$280,000
3/18/2025

$259,000
4/11/2025

240 Main Street, Madawaska, ME, 04756

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3 Full baths

1930

Split Level, Other

1,845 sqft

Unique Investment Opportunity - Income-Generating Property with Commercial Garage! Prime Location in Madawaska, ME - Across from Tim Hortons! This versatile property offers a rare opportunity for a business owner, investor, or entrepreneur looking for a home, income stream, and commercial space—all in one! Commercial Garage (2,000 Sq. Ft.) Ideal for a new business, workshop, or storage facility Two 14' roll-up doors for large vehicles, trucks, or equipment 220V power for heavy-duty operations Cement floor with floor drain for easy maintenance New roof (3 years ago) for worry-free ownership High-visibility location across from Tim Hortons - strong foot & vehicle traffic Multi-Unit Residential - Turnkey Airbnb Income! Fully furnished & equipped Airbnb units included! One 3-bedroom unit & one 1-bedroom unit - already generating rental income All furniture & appliances included for a seamless transition Strong rental history - perfect for passive income or expansion Live & Work on Site! Bonus 2-bedroom unit in the back, currently occupied by property managers (who pay $650/month or work off rent by cleaning). Perfect for an owner-occupant! Live in the 2-bedroom while running your business in the garage & managing Airbnb income. Why This Property? Dual-income potential - commercial business + short-term rentals. High-traffic location - prime exposure for businesses. Turnkey short-term rental operation - all furniture & appliances included. Flexible use - live, rent, or expand your business. No zoning headaches - ready for multiple uses. This is a rare, all-in-one investment opportunity that offers multiple streams of income and a place to live, work, and grow!

Status:

Active

Type:

Multi-family

Furnished Remarks:

Furnished

Laundry Remarks:

Laundry - 1st Floor, Main Level, Washer Hookup

Units:

Zoning:

Residential

Garage:

2-car

Heating:

Other Heat System, Heat Pump, Baseboard

Cooling:

Central Air

Basement:

Interior, Brick/Mortar

Parking:

Storage Above, Heated, 1 - 4 Spaces, Concrete, Paved, Common, On Site, Other, Detached

Acreage:

0.82

Est. Taxes:

$1,943

Construction

Vinyl Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Other Location, Corner Lot, Sidewalks, Near Shopping, Near Town, Neighborhood, Retail Strip

Amenities:

In-Law Apartment, 1st Floor Bedroom, Attic, One-Floor Living, Storage

MLS #:

1616395

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Sell Your Home Services 888-219-3009

$259,000

Price History

240 Main Street, Madawaska, ME, 04756

Community Info

School Info

Walk Score

Mass Transit

Yelp

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240 Main Street, Madawaska, ME, 04756

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