$199,900
240 Main Street
Madawaska
Listing Courtesy of
Sell Your Home Services
Open HouseSaturday, Jun 7, 2025, 5:00 PM to 7:00 PM
240 Main Street, Madawaska, ME 04756
Unique Investment Opportunity - Income-Generating Property
with Commercial Garage! Prime Location in Madawaska, ME - Across from Tim Hortons! This versatile property offers an opportunity for a business owner, investor, or entrepreneur looking for a home, income stream, and commercial space—all in one!
Commercial Garage (2,000 Sq. Ft.) can be turned into more rental apartments. Ideal for a new business, workshop, or storage facility Two 14' roll-up doors for large vehicles, trucks, or equipment 220V power for heavy-duty operations Cement floor with floor drain for easy
maintenance New roof (3 years ago) for worry-free ownership High-visibility location across from Tim Hortons - strong foot & vehicle traffic Multi-Unit Residential - Current rental
Income but will be selling Unfurnished. One 3-bedroom unit & one 1-bedroom unit - already generating rental income Strong rental history - perfect for passive income or expansion. Live & Work on Site! Bonus 2-bedroom unit in the back, currently occupied by property
managers (who pay $650/month or work off rent by cleaning). Perfect for an owner occupant! Live in the 2-bedroom while running your business in the garage & managing rental income. Why This Property? Dual-income potential - commercial business +
rentals High-traffic location - prime exposure for businesses Flexible use - live, rent, or expand your business No zoning headaches - ready for multiple uses This is a rare, all-in one investment opportunity that offers multiple streams of income and a place to live, work,
and grow!
with Commercial Garage! Prime Location in Madawaska, ME - Across from Tim Hortons! This versatile property offers an opportunity for a business owner, investor, or entrepreneur looking for a home, income stream, and commercial space—all in one!
Commercial Garage (2,000 Sq. Ft.) can be turned into more rental apartments. Ideal for a new business, workshop, or storage facility Two 14' roll-up doors for large vehicles, trucks, or equipment 220V power for heavy-duty operations Cement floor with floor drain for easy
maintenance New roof (3 years ago) for worry-free ownership High-visibility location across from Tim Hortons - strong foot & vehicle traffic Multi-Unit Residential - Current rental
Income but will be selling Unfurnished. One 3-bedroom unit & one 1-bedroom unit - already generating rental income Strong rental history - perfect for passive income or expansion. Live & Work on Site! Bonus 2-bedroom unit in the back, currently occupied by property
managers (who pay $650/month or work off rent by cleaning). Perfect for an owner occupant! Live in the 2-bedroom while running your business in the garage & managing rental income. Why This Property? Dual-income potential - commercial business +
rentals High-traffic location - prime exposure for businesses Flexible use - live, rent, or expand your business No zoning headaches - ready for multiple uses This is a rare, all-in one investment opportunity that offers multiple streams of income and a place to live, work,
and grow!
Listing Courtesy of
Sell Your Home Services
DETAILS
- Listing Id1616395
- StatusActive
- TypeMulti-Family
- SeasonalUnknown
- Map / Lot4 / 129
- Book / Page1783 / 37
- Sq Ft Finished Above Grade1845
- Sq Ft Finished Total1845
- Total Baths3 / 0
- Waste Water DisposalPublic Sewer
- WaterPublic
- Heat SystemBaseboard, Heat Pump, Other Heat System
- CoolingCentral Air
- ElectricCircuit Breakers, On Site, Three Phase
- BasementBrick/Mortar, Interior
- RoofShingle
- FloorsCarpet, Vinyl
- GarageYes
- Lot FeaturesCorner Lot, Near Shopping, Near Town, Neighborhood, Other Location, Retail Strip, Sidewalks
- Parking Features1 - 4 Spaces, Common, Concrete, Detached, Heated, On Site, Other, Paved, Storage Above
- Interior Features1st Floor Bedroom, Attic, In-Law Apartment, One-Floor Living, Storage
- Laundry FeaturesLaundry - 1st Floor, Main Level, Washer Hookup
- StyleOther, Split Level
- Water ViewNo
- Checked For UpdatesSaturday, June 7, 2025 at 10:02 AM
- IDX Listing UpdatedThursday, May 29, 2025 at 3:54 PM
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