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Storefront Retail Building with Apartment Area
For Sale
$85,000

296 & 298 Main Street, Madawaska, ME 04756

COMMERCIAL - Madawaska, ME

Property Size3,674 SF
Lot Size0.11 Acres
Price / SF$23.14
Days on Market155

Property Features for 296 & 298 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Rooms Basement
Parking features Off Street
Basement Finished, Walk-Out Access
Lot features Downtown, Business District, Retail Strip
Standard status Active
Size 3,674 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 2057

Utilities

Sewer type Public Sewer
Heating system None (Heating)
Water source Public

Building Details

Year built 1946
Flooring type Laminate, Carpet
Building materials Masonry, Wood Frame
Roof type Rolled Hot Mop
Listing Agency: RE/MAX County · RE/MAX International
Listed By: Holly Hardwick · License #SA921740
Added: Mar 11 Changed: Aug 4 Last Checked: Aug 12 at 10:06AM
MLS# 1641125

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Storefront retail building at 296 & 298 Main Street in Madawaska, ME, constructed in 1946 with masonry and wood frame improvements. The property totals 3,674 square feet and includes more than 2,240 square feet of commercial space. Flooring includes carpet and laminate, and the building has a basement. Heating is listed as none. The roof is a rolled hot mop roof, and parking is available off street.

In addition to the commercial space, there is approximately 1,400 square feet identified for building an apartment area, or expanding the retail space. Public water and public sewer service are provided.

The property is also offered together with BERT’S Hamburger stand, supporting a retail or foodservice use within the commercial layout.

Key Highlights

  • Total building area: 3,674 SF
  • More than 2,240 SF of commercial space
  • Approximately 1,400 SF for an apartment area buildout or retail expansion

Property Analytics

Current Use

Ravens Relics Discount Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Electrical Service 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
4,375 visits/mo 0.1 miles
Family Dollar Shops & Services
3,942 visits/mo 0.2 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • The Flower Shoppe 314 Main St, Madawaska, ME 04756

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial zoned storefront property with public water and sewer, off-street parking, and space for an apartment buildout.
Where is this storefront property located?
The property is located at 296 & 298 Main Street Madawaska, ME.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Total building area: 3,674 SF; More than 2,240 SF of commercial space; Approximately 1,400 SF for an apartment area buildout or retail expansion
More about this property
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