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Mixed-Use Building with Apartment
For Sale
$225,000

14 Madison Avenue, Skowhegan, ME 04976

Commercial space is paired with a one-bedroom apartment on the second floor.

Property Size2,509 SF
Days on Market520

Property Features for 14 Madison Avenue

General Information

Standard status Active
Size 2,509 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $1,574

Building Details

Building Size 2,509 SF
Year Built 1900
Stories 2
Listing Agency: Whittemore's Real Estate
Listed By: Garrett Quinn
Source: Startpoint
Added: Mar 21, 2025 Changed: Aug 17 Last Checked: Aug 21 at 1:55PM

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 Whittemore's Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property at 14 Madison Avenue combines commercial space with a one-bedroom apartment on the second floor. The commercial component is presented as a fit for retail or food service, while the residential portion creates a live-work configuration within the same building. Built in 1900, the property offers an established downtown building format with both business and residential space.

The property is located on US 201, also identified as Madison Avenue, in downtown Skowhegan. Reported traffic exceeds 10,000 vehicles daily, providing a measurable transportation context for the commercial component. The upper-level apartment adds a separate residential element to the overall property.

Key Highlights

  • Mixed‑use property with commercial space and a one‑bedroom apartment
  • Second‑floor apartment supports a live‑work configuration
  • Commercial space identified as suitable for retail or food service

Property Analytics

Current Use

ReJuvenate Salon Hair Salon

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Furniture & Home Goods Kitchen & Bath Showroom Storage Facility

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

598
Businesses Nearby

Demographics for 04976, ME

9,937
Population
4,967
Households
2
Avg Household Size
45
Median Age
24%
College-Educated
94%
High-School Grad
99.6 sq mi
ZIP Area
100
Density / Sq Mi
$55,245
Median Household Income
$34,897
Median Earnings
$869
Median Rent
$159,300
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space is paired with a one-bedroom apartment on the second floor.
Where is this mixed-use property located?
The property is located at 14 Madison Avenue Skowhegan, ME.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Mixed‑use property with commercial space and a one‑bedroom apartment; Second‑floor apartment supports a live‑work configuration; Commercial space identified as suitable for retail or food service
More about this property
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