121 Fraser Ave Madawaska, ME 04756

Property Details for 121 Fraser Ave

Year built

1925

Lot size

2.19 lot acres

Property size

5,477 SF

Property type

Mixed-use properties

Description

This exceptional Madawaska, ME property offers a unique investment opportunity: a thriving restaurant and a charming 5-room guest house, all on a 2.19-acre lot. The fully equipped restaurant is ready for immediate operation, boasting all necessary kitchen appliances, furniture, and furnishings. Its established reputation and prime location in a high-traffic area ensure consistent customer flow and strong revenue potential. The restaurant's loyal customer base includes both locals and tourists, providing a solid foundation for continued success. Complementing the restaurant is a delightful 5-room guest house, providing an additional income stream. Each room features a private kitchenette, private entrance, and a covered porch, offering guests a comfortable and independent experience. The guest house's cozy atmosphere and convenient amenities attract travelers seeking a relaxing stay. The expansive 2.19-acre lot provides ample parking for both restaurant patrons and guest house visitors. With a combined 5,477 square feet of space, this turn-key operation presents a rare opportunity to acquire a well-established business with multiple revenue streams in a desirable location. The property's blend of established business and comfortable lodging makes it an ideal investment for entrepreneurs and investors seeking immediate returns and significant growth potential. The asking price is $600,000.

Location Insight

City

Madawaska

County

Aroostook

State

Maine

Longitude

-68.3326

Latitude

47.3555