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Restaurant Building with Expansion Area
For Sale
$85,000

296 & 298 Main Street, Madawaska, ME 04756

Commercial Sale, Madawaska, ME

Property Size3,674 SF
Lot Size0.11 Acres
Price / SF$23.14
Days on Market174

Property Features for 296 & 298 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Rooms Basement
Parking features Off Street
Basement Walk-Out Access, Finished
Lot features Downtown, Business District, Retail Strip
Standard status Active
Size 3,674 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 2057

Utilities

Sewer type Public Sewer
Heating system None (Heating)
Water source Public

Building Details

Year built 1946
Flooring type Carpet, Laminate
Building materials Masonry, Wood Frame
Roof type Rolled Hot Mop
Listing Agency: RE/MAX County · RE/MAX International
Listed By: Holly Hardwick · License #SA921740
Added: Mar 11 Changed: Aug 19 Last Checked: Aug 31 at 7:06PM
MLS# 1641125

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,674-square-foot commercial property includes more than 2,240 square feet of commercial area, with an additional approximately 1,400 square feet below that could support expanded retail or apartment construction. The building includes a basement, carpet and laminate flooring, masonry and wood-frame construction, and a rolled hot-mop roof. Heating is not installed.

Located at 296 & 298 Main Street in Madawaska, the property occupies 0.11 acres and carries Commercial zoning. Public water and public sewer serve the site, while off-street parking is provided. The property also includes BERT'S Hamburger stand, offering an existing restaurant-related component for a future operator or redevelopment plan.

Key Highlights

  • 3,674‑square‑foot building on 0.11 acres
  • More than 2,240 square feet of commercial space
  • Approximately 1,400 square feet below for apartment construction or added retail area

Property Analytics

Current Use

Ravens Relics Discount Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Electrical Service Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
4,375 visits/mo 0.1 miles
Family Dollar Shops & Services
3,942 visits/mo 0.2 miles

Demographics for 04756, ME

3,134
Population
1,854
Households
1.7
Avg Household Size
57
Median Age
22%
College-Educated
93%
High-School Grad
16.4 sq mi
ZIP Area
191
Density / Sq Mi
$43,750
Median Household Income
$47,083
Median Earnings
$580
Median Rent
$157,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Masonry and wood-frame property with public utilities, off-street parking, and flexible commercial space.
Where is this conventional restaurant located?
The property is located at 296 & 298 Main Street Madawaska, ME.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: 3,674‑square‑foot building on 0.11 acres; More than 2,240 square feet of commercial space; Approximately 1,400 square feet below for apartment construction or added retail area
More about this property
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