Property profile

250 Main St Madawaska, ME 04756

OFF-MARKET
Banks
Property ID
US42-0283324
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 250 Main Street in the heart of Madawaska, Maine, presents a fantastic investment opportunity. The 3,600 square foot building sits on a 0.11-acre lot and currently houses a diverse mix of businesses: a church, a beauty salon, a one-bedroom apartment, and an efficiency apartment. This provides immediate rental income and established clientele. The versatile layout offers significant potential for expansion and diversification. A sizable basement storefront area is available for lease, providing an additional opportunity to generate revenue. Furthermore, a dedicated garage space is ideal for a repair shop or similar business, adding another revenue stream. The property's prime downtown location offers unparalleled convenience, with easy walkability to all that Madawaska has to offer. The potential for four separate businesses operating within this single building makes this a truly unique and lucrative investment. The asking price of $150,000 represents a compelling value for this multi-faceted commercial property with its existing income streams and high growth potential. Don't miss this chance to acquire a thriving commercial property in a desirable Maine town.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
APN MADA M:004 L:0006
UPID US42-0283324

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pet Grooming Service

Location

250 Main St Madawaska, ME 04756-1819
Madawaska metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2025
Last sale
$150,000
3 recorded transactions
2025
$150,000
2015
Price N/A
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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