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Equipped Restaurant in Historic Home

182 Madison Avenue, Skowhegan, ME 04976

For Sale
$450,000

Renovations completed in 2025; furnishings and restaurant equipment are included in the sale.

Property Size5,077 SF
Price / SF$88.64
Days on Market288

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
Currently Operating 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: Integrityhomesrealestategroup
Added: Jan 28 Changed: Nov 11 Last Checked: Nov 10 at 6:21PM

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

Rey
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Investment Insights

Based on property information with market context.

The restaurant occupies a renovated 19th-century home built in 1900, with 5,077 square feet of space. The sale includes restaurant furnishings and equipment. Recent renovation work was completed in 2025. Second-floor space provides office and storage areas.

The property is located on Madison Avenue in Skowhegan, Maine. Restaurant seating accommodates up to 80 customers, and the venue can host events for as many as 250 people. Catering equipment is separate from the restaurant and is negotiable.

Key Highlights

  • 5,077‑square‑foot restaurant in a 19th‑century home built in 1900
  • Restaurant furnishings and equipment included in the sale
  • Renovations completed in 2025

Property Analytics

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

Current Use

Heritage House Restaurant

Suggested Use

Top Pick Garden Center Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Accounting Firm Plumbing Service

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
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?
Conventional restaurant - Renovations completed in 2025; furnishings and restaurant equipment are included in the sale.
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: 5,077‑square‑foot restaurant in a 19th‑century home built in 1900; Restaurant furnishings and equipment included in the sale; Renovations completed in 2025
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