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Restaurant With Guest Lodging
For Sale
$600,000

121 Fraser Avenue, Madawaska, ME 04756

Established hospitality property combines a fully equipped dining operation with on-site guest accommodations.

Property Size5,477 SF
Lot Size2.50 Acres
Days on Market65

Property Features for 121 Fraser Avenue

General Information

Standard status Active
Size 5,477 SF
Lot size 2.50 Acres
Property subtype Commercial
Zoning HDR

Additional Details

Furnished Yes
Business Included Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $5,205

Building Details

Building Size 5,477 SF
Year Built 1925
Stories 3
Listing Agency: NextHome Discover
Listed By: Mindy Braley · License #BR930195,PersonLicenseNumber
Source: Startpoint
Added: Jun 18 Changed: Aug 21 Last Checked: Aug 21 at 2:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NextHome Discover

Investment Insights

Based on property information with market context.

Located at 121 Fraser Avenue in Madawaska, this conventional restaurant property includes a functioning dining operation and a separate five-room guest house. The restaurant conveys with kitchen equipment, dining furnishings, and operating fixtures, providing the physical components needed for continued service. The property was built in 1925 and is zoned HDR.

The guest house adds a distinct lodging component, with each room offering a private entrance, kitchenette, and covered porch. The site encompasses approximately 2.5 acres and includes on-site parking for restaurant patrons and lodging guests. This combination of restaurant and guest accommodations creates a multi-use hospitality property in Northern Maine.

Key Highlights

  • Approximately 2.5 acres at 121 Fraser Avenue, Madawaska, ME 04756
  • Restaurant includes kitchen equipment, dining furnishings, and fixtures
  • 5‑room guest house with private entrances, kitchenettes, and covered porches

Property Analytics

Current Use

DuBois' Inn Bed & Breakfast DuBois' Restaurant Restaurant Nexfor Fraser Papers ... Distribution Center

Suggested Use

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

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

220
Businesses Nearby
12k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 84% Dining 16%
Citgo Shops & Services
4,375 visits/mo 0.3 miles
Family Dollar Shops & Services
3,942 visits/mo 0.4 miles
SUBWAY Dining
1,903 visits/mo 0.5 miles
Napa Auto Parts Shops & Services
1,442 visits/mo 0.5 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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established hospitality property combines a fully equipped dining operation with on-site guest accommodations.
Where is this conventional restaurant located?
The property is located at 121 Fraser Avenue Madawaska, ME.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Approximately 2.5 acres at 121 Fraser Avenue, Madawaska, ME 04756; Restaurant includes kitchen equipment, dining furnishings, and fixtures; 5‑room guest house with private entrances, kitchenettes, and covered porches
More about this property
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