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    98 Main St Madison, ME 04950

    For Sale
    $650,000

    COMMERCIAL - Madison, ME

    Property size:
    3,791 SF
    Lot size:
    0.31 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 98 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Parking features
    Off Street, On Street
    Interior features
    Storage
    Basement
    Daylight, Full, Finished
    Accessibility
    Accessible Approach with Ramp
    Size
    3,791 SF
    Lot size
    0.31 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Zoned, Steam, Other (Heating)
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1892
    Number of units
    2
    Flooring type
    Laminate, Wood, Tile, Carpet
    Building materials
    Vinyl Siding, Brick, Masonry, Wood Frame
    Roof type
    Metal, Shingle
    Additional Structures
    Storage

    EXP REALTY LLC (856) 207-1951 [email protected]

    Listing agent Pamela Cairnie (888) 439-8743

    Listing date Nov 18, 2025

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Downtown Madison Commercial Buildings

    Located in downtown Madison, this unique commercial property features two adjacent, historic buildings suitable for events, professional offices, live/work arrangements, or creative commercial uses. The property benefits from high visibility, with approximately 10,000+ vehicles passing by daily. The Chapel, located at 98 Main Street, is a circa 1892 brick church with approximately 3,791 square feet. It includes a working bell tower, original stained-glass windows, vaulted ceilings, and woodwork. The main sanctuary seats approximately 160 people, with additional flexible space in the lower level. Infrastructure includes a steam boiler and fire alarm. Recent updates include brick repointing and window restoration. The Cottage, located at 96 Main Street, is a former parsonage offering flexible commercial use. It features approximately 5-6 bedrooms, 2 full bathrooms, an updated kitchen and bathrooms, pocket doors, red oak floors, a full basement, and an accessible ramp. Additional features include a four-season porch, a sprinkler system, and a third-floor bonus room. It is ideal for office space, a retreat, on-site housing, or lodging. Both buildings are sold together on one lot with one deed. The sale includes most furnishings, with some personal, art, and antique items excluded. The property has commercial zoning and ample off-street parking. It is located a short distance from shops and the town office, and near Skowhegan, Augusta, Waterville, and Farmington. The lot size is 0.31 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Somerset Abbey Live Music Venue

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Somerset
    State
    Maine
    Longitude
    -69.8800291
    Latitude
    44.7980289

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    FAQs

    What type of property is this?
    Church & religious facility - Two historic buildings ideal for events, offices, or live/work.
    Where is this church & religious facility located?
    The property is located at 98 Main St Madison, ME.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Unique historic buildings (Chapel & Cottage) in downtown Madison, ideal for diverse commercial uses (events, offices, live/work).; - High-visibility location with ample off-street parking and proximity to town amenities.; - The Chapel: Original 1892 brick church with working bell tower, stained glass, vaulted ceilings, and event space for 160 people.
    (888) 439-8743
    Request Owner's contact information
    98 Main St Madison, ME 04950
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    Madison, ME 04950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    98 Main St Madison, ME 04950
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