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Property profile & analytics
OFF-MARKET
Lifestyle centers

417 Main St Madawaska, ME 04756

54,973 SF 1.9 ac lot Built 1973
Property ID
US42-0470603
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Year built 1973
Total area 54,973 SF
Lot 1.9 ac (82,764 SF)
UPID US42-0470603
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
  • ATM Atm
  • Grab and Go Corner Market Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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