Live - Work Space

Madison, ME Live-work Space for Sale

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Historic Church and Parsonage
Updated: May 20, 2025
Historic Church and Parsonage

96 Main Street, Madison, ME 04950

$650,000
2,080 sqft
Two adjacent historic downtown buildings sold together (one deed for 96 & 98 Main) with flexible commercial use
98 Main - The Chapel: circa 1892 brick church with working bell tower, original stained‑glass, vaulted ceilings, and main sanctuary seating about 160
96 Main - The Cottage: former parsonage with approx. 5‑6 BRs, 2 full BAs, updated kitchen/baths, pocket doors, red oak floors, and full basement
Accessibility features include an accessible approach with ramp; 96 Main also includes bath modifications
Metal and shingle roofing with vinyl siding/brick/wood‑frame construction; steam heat with radiators and window A/C
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Historic Mixed-Use Building
Historic Mixed-Use Building

Dover Foxcroft, ME 04426

$379,000
4,401 sqft 0.17 AC lot

Downtown historic property with upstairs two-story quarters and a former dental office layout with multiple exam rooms and bathrooms.

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Downtown Mixed-Use Live-Work Building
Downtown Mixed-Use Live-Work Building

263 Water Street, Gardiner, ME 04345

$425,000
4,400 sqft 0.04 AC lot

Historic mixed-use building with a ground-floor retail anchor and a leased upstairs apartment.

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Historic District Mixed-Use Building
Historic District Mixed-Use Building

263 Water Street, Gardiner, ME 04345

$425,000
4,400 sqft 0.04 AC lot

Ground-floor retail is anchored by Monkitree, with leased residential above and over 2,000 SF of live/work space.

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Two-Unit Mixed-Use Building
Two-Unit Mixed-Use Building

Dover Foxcroft, ME 04426

$199,900
0.89 AC lot

Solid two-unit building with kitchens and baths on each floor, plus a first-level laundry room and year-round heat.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Versatile Mixed-Use Development Opportunity
Versatile Mixed-Use Development Opportunity

1093 Ethan Allen Hwy, Georgia, VT 05468

$174,900

Land with approved permits for mixed-use development in Georgia, Vermont.

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Commercial Land Near Oceola Lake
Commercial Land Near Oceola Lake

353 East Main Street, Jefferson Valley, NY 10535

$295,000

Commercial land for sale in Jefferson Valley, New York.

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Philadelphia Land Opportunity
Philadelphia Land Opportunity

5423 MARKET Street, Philadelphia, PA 19139

$30,000
0.02 AC lot

Two adjacent lots in Philadelphia, PA, for sale.

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Prime Land with Black Horse Frontage
Prime Land with Black Horse Frontage

2443 South Black Horse, Williamstown, NJ 08094

$375,000
19.00 AC lot

Approximately 19 acres with frontage on Black Horse Pike.

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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 2,080 square feet of properties for sale, with an estimated market value of $650,000.

Sale prices for live-work properties in Madison, ME start at $650,000, averaging $650,000, and reaching up to $650,000 — 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%

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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