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Equipped Restaurant in Historic Home
For Sale
$450,000

182 Madison Avenue, Skowhegan, ME 04976

Renovated historic-home restaurant includes furnishings, equipment, and second-floor office and storage space.

Property Size5,077 SF
Days on Market190

Property Features for 182 Madison Avenue

General Information

Standard status Active
Size 5,077 SF
Property subtype Commercial

Restaurant

Seating Capacity 80
Equipment Included Yes

Additional Details

Furnished Yes
Business Included Yes

Taxes and HOA fees

Annual Taxes $5,179

Building Details

Building Size 5,077 SF
Year Built 1900
Year Renovated 2025
Listing Agency: Allied Realty
Listed By: Allison Mantor
Source: Startpoint
Added: Jan 28 Changed: Aug 2 Last Checked: Aug 5 at 1:20PM

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 Allied Realty

Investment Insights

Based on property information with market context.

This restaurant operates from a renovated 19th-century home and includes furnishings and restaurant equipment as part of the offering. Renovations were completed in 2025. The dining operation can accommodate up to 80 customers, while the second floor provides office and storage space. Catering equipment is separate from the restaurant and negotiable.

Located at 182 Madison Avenue in Skowhegan, Maine, the property is surrounded by multiple businesses and has parking available. The business has operated under family ownership since 1987 and has supported catering services capable of hosting events for up to 250 people.

Key Highlights

  • Renovated 19th‑century home with restaurant use
  • Furnishings and restaurant equipment included
  • Renovations completed in 2025

Property Analytics

Current Use

Heritage House Restaurant

Suggested Use

Top Pick Garden Center Real Estate Agency Locksmith (Bike/Boat/Book/etc) Store Accounting Firm Skin Care Clinic

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

504
Businesses Nearby
Under-served
Demand for This Use

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Renovated historic-home restaurant includes furnishings, equipment, and second-floor office and storage space.
Where is this conventional restaurant located?
The property is located at 182 Madison Avenue Skowhegan, ME.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Renovated 19th‑century home with restaurant use; Furnishings and restaurant equipment included; Renovations completed in 2025
More about this property
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