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Mixed-Use Building with Apartment
New
For Sale
$285,000

14 Madison Ave, Skowhegan, ME 04976

A furnished second-floor residence sits above a commercial space with a glass storefront and renovated kitchen and bathroom.

Property Size1,709 SF
Price / SF$166.76
Days on Market5

Property Features for 14 Madison Ave

General Information

Standard status Active
Size 1,709 SF

Taxes and HOA fees

Annual Taxes $1,392
Listing Agency: Whittemore's Real Estate
Listed By: Garrett Quinn
Source: Exprealty
Added: Oct 30 Changed: Nov 1 Last Checked: Nov 3 at 11:17AM

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

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property at 14 Madison Ave in Skowhegan combines a commercial storefront with a furnished one-bedroom apartment on the second floor. The building has a glass storefront, restored tin ceilings, and a renovated kitchen and bathroom. Updated air conditioning, flooring, and walls are also among the improvements. The entire building is currently rented.

The property fronts US Route 201 in downtown Skowhegan. Maine DOT reports approximately 12,700 vehicles passing daily on the route. The downtown area is also associated with development of a waterfront boardwalk and the Run of River project.

Key Highlights

  • Furnished one‑bedroom apartment on the second floor
  • Commercial space with glass storefront
  • Restored tin ceilings; renovated kitchen and bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - A furnished second-floor residence sits above a commercial space with a glass storefront and renovated kitchen and bathroom.
Where is this mixed-use property located?
The property is located at 14 Madison Ave Skowhegan, ME.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Furnished one‑bedroom apartment on the second floor; Commercial space with glass storefront; Restored tin ceilings; renovated kitchen and bathroom
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