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334 Main Street

Madawaska

$215,000

beds   ·   3 full, 1 half baths   ·   2,915 sqft   ·   0.08 acres   ·   taxes: $1,829   ·   MLS#: 1655147

Prime Multi-Use Building in the Heart of Downtown Madawaska! Endless possibilities await with this versatile multi-use building situated in the bustling heart of downtown Madawaska! Whether you're an investor seeking strong income potential or an entrepreneur ready to establish your business, this property offers a prime location, ample space, and multiple revenue streams. The main level features over 850 sq. ft. of highly visible retail or commercial space with excellent downtown exposure and steady foot traffic. Ideal for retail, office space, café, or a variety of service-based businesses. Recently, the first level also underwent renovations including the addition of a brand-new 1-bedroom, 1-bathroom apartment at the rear of the building, creating even more income potential. This unit offers modern updates, its own heat pump, and separate utilities, allowing the tenant to pay their own heating and electricity costs. The upper levels include two additional residential units. The second floor offers a spacious 3-bedroom apartment perfect for owner-occupancy or rental income. The third floor features a cozy 1-bedroom unit with great rental potential. Additional features include a partially finished basement providing excellent dry storage space, as well as convenient rear garage door access for easy loading and unloading. Mixed-use zoning allows for flexible commercial and residential opportunities, making this an ideal property for investors or owner-operators alike. This property is a rare find in Madawaska's thriving downtown district--maximize your investment with multiple rental streams while operating your own business or leasing out the commercial space. Don't miss this unique opportunity! Contact me today for more details or to schedule your private showing.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1948
  • Style : Other
  • Flooring : Laminate
  • Garage Spaces : 0.00
  • Roof : Shingle
  • Basement : Interior Entry
  • Heating : Baseboard, Heat Pump
  • Cooling : Heat Pump

Site

  • Water Source : Public
  • Utilities : Utilities On, Pole
  • Sewer : Public Sewer
  • Zoning : Commercial
Listing provided by NextHome Discover

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
privacy policy
43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy