Property summary
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
VerifiedCap rate & NOI
Current use
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Pet Grooming Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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