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    Madison, ME
    Live - Work Space

    Madison, ME Live-work Space for Sale

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    Norridgewock, ME Starks, ME Anson, ME Skowhegan, ME Embden, ME Solon, ME Carrying Place Town Twp, ME Smithfield, ME
    Historic Mixed-Use Property with Chapel
    Updated: Jul 24
    Historic Mixed-Use Property with Chapel

    96 & 98 Main Street, Madison, ME 04950

    $635,000
    5,871 sqft 0.31 AC lot
    Two‑building property totaling 5,871 square feet on approximately 0.31 acres
    3,791‑square‑foot brick chapel built in 1892 with vaulted ceilings and stained‑glass windows
    Chapel sanctuary accommodates approximately 160 people
    Adjoining 2,080‑square‑foot former parsonage with five bedrooms and two full bathrooms
    Commercial zoning with public water and public sewer
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Live-Work Property with Three-Car Garage
    Live-Work Property with Three-Car Garage

    15 Phillips Road, Glenburn, ME 04401

    $499,900
    3,314 sqft 1.00 AC lot

    Res/Comm-zoned property combines residential space with finished office areas and a detached garage.

    View details
    Flexible Live-Work Building with Office
    Flexible Live-Work Building with Office

    Dover Foxcroft, ME 04426

    $379,000
    4,401 sqft

    Former dental office space with multiple rooms and baths plus upstairs two-story living quarters.

    View details
    Ranch-Style Live-Work Property
    Ranch-Style Live-Work Property

    15 Phillips Road, Glenburn, ME 04401

    $499,900
    3,314 sqft

    Flexible property combining residential space, finished office areas, and a detached garage in a visible Glenburn setting.

    View details
    Historic Duplex Property with Office Space
    Historic Duplex Property with Office Space

    Dover Foxcroft, ME 04426

    $379,000
    4,401 sqft 0.17 AC lot

    Two-story quarters and a former dental office create a flexible downtown configuration with residential and professional-use components.

    View details

    Madison, ME Live-Work Space Market Trends and Statistics

    Explore 1 live-work space for sale in Madison, ME on our real estate platform. These investment opportunities span a total of 5,871 square feet of properties for sale, with an estimated market value of $635,000.

    Sale prices for live-work properties in Madison, ME average $635,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 4,761
    Population Growth (5Y) +1.7%
    Median Household Income $48,750
    College Educated 19.1%

    High-Yield Neighborhoods for Investment

    Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04950 $635K

    Taxes & Financing

    Tax Rate (average for all types) 1.67%
    Property Tax per SF $45.81 per SF
    Tax Rate vs County Average 0.09 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Somerset County

    New Delisted

    Total CRE Inventory on Market (SF)

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