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Restaurant and Apartment Building
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284 Main St., Madawaska, ME 04756

Brick multi-use building operates as a restaurant/tavern with a full kitchen and includes two 3-bedroom apartments.

Property Size8,134 SF
Lot Size0.10 Acres
Days on Market111

Property Features for 284 Main St.

General Information

Standard status Active
Size 8,134 SF
Lot size 0.10 Acres
Property subtype Office
Zoning Commercial

Additional Details

Utilities to Site Yes
Sprinkler System Yes
Multifamily Units 2

Amenities

commercial kitchen
bar
pool room
dance floor
office
heat pumps
security monitors

Building Details

Year Built 1923
Stories 4
Listing Agency: Keenan Auction Company, Inc.
Listed By: Richard Keenan
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 22 at 7:56AM

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 Keenan Auction Company, Inc.

Investment Insights

Based on property information with market context.

A 4-story brick-faced multi-use building built in 1923 on a .10+/- acre corner lot. The property is currently used as a restaurant/tavern plus (2) 3-bedroom apartments. The restaurant area includes a full commercial kitchen, dining area, bar, pool room, dance floor, 2 restrooms, storage, and office space. Each apartment provides a kitchen/dining area, living room, one-bath layout, and 3 bedrooms.

The building contains 8,134+/- SF gross building area with 5,574+/- SF above-grade finished space and 2,560+/- SF below-grade finished space. Exterior features include a brick facade and metal pyramid hipped roof. Systems and utilities noted include heat pumps and hot water, public sewer and public water, and sprinkler protection.

Site frontage is identified as 50+/- ft. on Main St. and 85+/- ft. on Bridge Ave. Zoning is listed as Commercial, and the property is identified as being within FEMA Flood Map #230024B. The roof and window information includes thermal windows in aluminum frames. Security is listed as interior monitors.

Key Highlights

  • .10+/- acre corner lot with 50+/- ft on Main St and 85+/- ft on Bridge Ave at 284 Main St, Madawaska, ME
  • 8,134+/- SF brick multi‑use building built in 1923, used as a restaurant/tavern plus two 3‑bedroom apartments
  • Restaurant/tavern includes full commercial kitchen, dining area, bar, pool room, dance floor, 2 restrooms, storage, and office

Property Analytics

Current Use

Bars & Pubs

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

2
Residential units
Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby
Well-served
Demand for This Use

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Similar Off Market Nearby

  • The Jolly Frog 147 21st Ave, Madawaska, ME 04756

Frequently Asked Questions

What type of property is this?
Bar & Pub - Brick multi-use building operates as a restaurant/tavern with a full kitchen and includes two 3-bedroom apartments.
Where is this bar & pub located?
The property is located at 284 Main St. Madawaska, ME.
What are key features of this property?
This property features: .10+/- acre corner lot with 50+/- ft on Main St and 85+/- ft on Bridge Ave at 284 Main St, Madawaska, ME; 8,134+/- SF brick multi‑use building built in 1923, used as a restaurant/tavern plus two 3‑bedroom apartments; Restaurant/tavern includes full commercial kitchen, dining area, bar, pool room, dance floor, 2 restrooms, storage, and office
(207) 885-5100 Call to check price and availability
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