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Property profile & analytics
OFF-MARKET
Office Spaces

400 Main St Madawaska, ME 04756

1,969 SF 0.06 ac lot Built 1926
Property ID
US42-0107010
Property summary
AI-generated overview

This exceptional Madawaska property at 400 E Main Street offers a unique blend of commercial and residential space, ideal for a variety of uses. The 1,969 square foot building sits on a 0.06-acre lot and is priced at $149,900. The office area boasts four separate offices, a welcoming reception area, and a dedicated space for office equipment. A downstairs basement provides a convenient kitchen, comfortable seating area, and a bathroom, enhancing employee comfort and productivity. Upstairs, the residential area offers adaptable living space. This could be configured as two bedrooms or one bedroom and a laundry room, depending on the owner's needs. A spacious living room and a fully equipped kitchen complete the residential portion, providing a comfortable work-life balance. Adding to the property's appeal is an attached 23x17 foot garage in the rear, offering ample storage or parking. This dual-purpose property presents a rare opportunity to own a versatile space in a desirable location. The building has been beautifully renovated, offering modern amenities and functionality. This is an excellent investment opportunity for those seeking a combination of commercial and residential space in a thriving community.

Property profile
Verified
Property type Office Spaces
Year built 1926
Total area 1,969 SF
Lot 0.06 ac (2,614 SF)
UPID US42-0107010
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • F.A. Peabody Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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