Medical Office Building with
For Sale
$395,000
460 Main Street, Madawaska, ME 04756
Two office floors provide exam, meeting, and work areas, with elevator service between levels.
Property Size18,934 SF
Lot Size1.49 Acres
Price / SF$20.86
Days on Market299
Property Features for 460 Main Street
General Information
Standard status
Active
Size
18,934 SF
Elevators
Yes
Lot size
1.49 Acres
Property subtype
Commercial
Zoning
UK
Additional Details
Currently Operating
Yes
Property Use
Medical Office
Medical Specialty
physical therapy
Taxes and HOA fees
Annual Taxes
$18,575
Amenities
gym area
locker rooms
Building Details
Building Size
18,934 SF
Year Built
1936
Year Renovated
2014
Buildings
1
Stories
2
Listing Agency:
Kieffer Real Estate
(207) 498-2900
Listed By:
Robert Kieffer · License #BA921064
(207) 551-9257
Source:
Integrityhomesrealestategroup
Added: Jan 12
Changed: Nov 5
Last Checked: Nov 6 at 3:28AM
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 Kieffer Real Estate
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Investment Insights
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Built in 1936 and renovated beginning in 2014, this medical office property has two floors connected by an elevator. The layout includes offices, exam rooms, meeting and conference rooms, workstations, and ADA half baths. A gym area is currently used for physical therapy, alongside two locker rooms. Several rooms retain original school-era wood floors and chalkboards. The site covers 1.49 acres and has a paved parking area. A rubber roof was installed around 2018. The building also contains two Penzotti furnaces and a 5,000-gallon underground oil tank that does not meet current code; conversion to above-grade storage will be needed. The seller requires the ability to lease the property back through 2026, with terms to be negotiated as part of an offer.
Key Highlights
- Two office floors connected by an elevator
- 1.49‑acre site with a paved parking area
- Gym space currently used for physical therapy, plus two locker rooms
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Balanced
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Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two office floors provide exam, meeting, and work areas, with elevator service between levels.
Where is this medical office space located?
The property is located at 460 Main Street Madawaska, ME.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two office floors connected by an elevator; 1.49‑acre site with a paved parking area; Gym space currently used for physical therapy, plus two locker rooms
