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Mixed-Use Property with Garage
For Sale
$165,000

250 Main Street, Madawaska, ME 04756

Commercial-zoned building with leased business space, two apartments, and a substantial lower-level garage.

Property Size3,600 SF
Days on Market1287

Property Features for 250 Main Street

General Information

Standard status Active
Size 3,600 SF
Property subtype Commercial
Zoning Commercial
Occupancy 100%

Additional Details

Gross Income $35,100

Taxes and HOA fees

Annual Taxes $3,788

Building Details

Building Size 3,600 SF
Year Built 1948
Stories 2
Tenancy Multi
Listing Agency: CENTURY 21 Queen City Real Estate
Listed By: Denise Anderson
Source: Startpoint
Added: Jan 27, 2023 Changed: Aug 5 Last Checked: Aug 5 at 4:57AM

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 CENTURY 21 Queen City Real Estate

Investment Insights

Based on property information with market context.

This 1948 mixed-use property combines three commercial rental spaces with residential accommodations on the lower level. The apartments include one one-bedroom unit and one efficiency, and all commercial and residential spaces are currently rented. A large lower-level garage adds additional usable area for vehicle storage, storage-related needs, or an owner-selected commercial function.

The property is located at 250 Main Street in downtown Madawaska, within walking distance of the amenities and services available in the downtown area. Commercial zoning supports the property’s existing mixed-use configuration. Two commercial occupants have remained in place for more than 10 years, while a grooming business has occupied its space for more than 2 years.

Key Highlights

  • Three commercial rental spaces with all units currently rented
  • Lower level includes one 1‑bedroom apartment and one efficiency apartment
  • Large lower‑level garage provides additional storage or workspace

Property Analytics

Current Use

Valley Pet Grooming Pet Grooming Service

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Auto Parts Store Building Supply (Bike/Boat/Book/etc) Store

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial-zoned building with leased business space, two apartments, and a substantial lower-level garage.
Where is this mixed-use property located?
The property is located at 250 Main Street Madawaska, ME.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Three commercial rental spaces with all units currently rented; Lower level includes one 1‑bedroom apartment and one efficiency apartment; Large lower‑level garage provides additional storage or workspace
More about this property
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