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Mixed-Use Property with Commercial Space
New
For Sale
$199,000

328 Main St, Madawaska, ME 04756

Combined residential and street-level commercial areas support live-work use with flexible space for retail, office, or service operations.

Property Size4,288 SF
Price / SF$46.41
Days on Market6

Property Features for 328 Main St

General Information

Standard status Active
Size 4,288 SF

Building Details

Year Built 1927
Listing Agency: NextHome Discover
Listed By: Mindy Braley · License #BR930195,PersonLicenseNumber
Source: Aroostookrealestate
Added: Sep 16 Changed: Sep 17 Last Checked: Sep 20 at 10:07AM

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 NextHome Discover

Investment Insights

Based on property information with market context.

Built in 1927, this 4,288-square-foot mixed-use property combines an upper-level residence with commercial space at street level. The residence includes three bedrooms, two bathrooms, an updated kitchen, office, game room, sauna, hot tub, tanning bed, bar area, and enclosed wraparound porch. A walk-up attic and oversized drive-in basement add substantial utility, with the lower level also featuring a floor drain, compressed-air lines, and storage rooms. Spray-foam insulation is installed throughout the building.

The commercial component contains two separate spaces. One is occupied by a professional tenant under a two-year lease, while the larger finished unit is vacant and available for a future retail, office, service, or other commercial use. The property is located at 328 Main St in Madawaska, Maine, with views toward the St. John Valley from the upper-level porch.

Key Highlights

  • 4,288‑square‑foot mixed‑use building constructed in 1927
  • Upper‑level residence with 3 bedrooms and 2 bathrooms
  • Two street‑level commercial spaces, including one under a 2‑year lease

Property Analytics

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Current Use

St John Valley ... Publishing House

Suggested Use

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

213
Businesses Nearby
8k
Monthly Visits Nearby

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
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combined residential and street-level commercial areas support live-work use with flexible space for retail, office, or service operations.
Where is this mixed-use property located?
The property is located at 328 Main St Madawaska, ME.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 4,288‑square‑foot mixed‑use building constructed in 1927; Upper‑level residence with 3 bedrooms and 2 bathrooms; Two street‑level commercial spaces, including one under a 2‑year lease
More about this property
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