417 Main St Madawaska, ME 04756
This exceptional investment opportunity presents a former K-Mart building located at 417 Main St, Madawaska, ME, 04756. The property boasts a substantial 54,973 square foot building on a 1.9-acre lot, zoned C-1. Built in 1973, the building currently has 549 square feet vacant, offering significant potential for redevelopment or repurposing. The single-tenant property is situated in a high-traffic area with approximately 4,800 vehicles passing daily, benefiting from proximity to Walgreens, Family Dollar, and Tim Hortons. The location offers excellent visibility and frontage, making it ideal for a variety of retail, industrial, or office uses. The surrounding community is vibrant, with a population of 2,260 within one mile, 3,259 within three miles, and 3,755 within five miles. The median household income is $50,239, and the median home value is $193,228, indicating a stable and growing market. The property's size and location present a unique opportunity for investors seeking a high-visibility property with significant potential for growth. The possibility of a drive-thru setup adds further appeal. This is a prime location in Aroostook County, Maine, right on the US-Canada border.
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ATM Atm
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Grab and Go Corner Market Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.