Renovated Two-Floor Medical
For Sale
$495,000
460 Main St, Madawaska, ME 04756
Updated facility with elevator access, treatment areas, meeting rooms, and a full gym used for physical therapy.
Property Size15,000 SF
Lot Size1.49 Acres
Price / SF$26.14
Days on Market29
Property Features for 460 Main St
General Information
Standard status
Active
Size
15,000 SF
Elevators
Yes
Lot size
1.49 Acres
Property Condition
Severity
Repairs Needed
Evidence
5,000-gallon underground oil tank that has not met current code, so future conversion to above-grade storage will be needed.
Amenities
gym
locker rooms
conference rooms
Building Details
Year Built
1936
Buildings
1
Stories
2
Building Size
15,000 SF
Owner Occupied
Yes
Listing Agency:
Kieffer Real Estate
(207) 551-9258
Listed By:
Robert Kieffer, Lehrle Kieffer · License #BR107818
Source:
603luxury
Added: Aug 3
Changed: Aug 29
Last Checked: Aug 30 at 8:32PM
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 Kieffer Real Estate
Investment Insights
Based on property information with market context.
This medical office property occupies a 1.49-acre site in Madawaska and combines historic character with substantial modernization. Originally constructed in 1936 as a school, the building received major renovations beginning in 2014. The two-floor layout is connected by an elevator and includes offices, exam rooms, meeting and conference rooms, workstations, ADA half baths, a full gym currently serving physical therapy operations, and two locker rooms. Several original schoolroom areas retain wooden floors and chalkboards.
A level entry supports convenient access, while the paved parking area accommodates regular visitors, high traffic, and delivery trucks. Building systems include two high-efficiency Penzotti furnaces in the boiler room and a rubber roof installed around 2018. The property also has a 5,000-gallon underground oil tank that does not meet current code and will require future conversion to above-grade storage. The seller requires an ability to lease back the building through 2026, with terms to be negotiated in the offer.
A level entry supports convenient access, while the paved parking area accommodates regular visitors, high traffic, and delivery trucks. Building systems include two high-efficiency Penzotti furnaces in the boiler room and a rubber roof installed around 2018. The property also has a 5,000-gallon underground oil tank that does not meet current code and will require future conversion to above-grade storage. The seller requires an ability to lease back the building through 2026, with terms to be negotiated in the offer.
Key Highlights
- 1.49± acre site with a sweeping paved parking area
- Two office floors connected by an elevator
- Full gym currently used for physical therapy, plus two locker rooms
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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 Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Updated facility with elevator access, treatment areas, meeting rooms, and a full gym used for physical therapy.
Where is this medical office space located?
The property is located at 460 Main St Madawaska, ME.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1.49± acre site with a sweeping paved parking area; Two office floors connected by an elevator; Full gym currently used for physical therapy, plus two locker rooms
