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About the Listing 3259 - 021163
Welcome to a unique opportunity to own a thriving restaurant and charming 5-room guest house in the heart of Madawaska. This turn-key property is ideal for entrepreneurs and investors looking to step into an established business with immediate revenue potential. The fully equipped restaurant includes all essential kitchen appliances, dining furniture, and furnishings, enabling you to start operations seamlessly from day one. With a strong local reputation for quality cuisine and excellent service, the restaurant already enjoys a loyal customer base, attracting both residents and visitors. Located in a high-traffic area with great visibility, this restaurant benefits from consistent foot traffic, maximizing its income potential. Additionally, the delightful 5-room guest house offers a cozy and private retreat for visitors, each room thoughtfully furnished with its own kitchenette, private entrance, and covered porch. This guest house not only provides a relaxing experience for travelers but also serves as a valuable additional income stream. Set on 2.5 acres, the property includes ample parking to comfortably accommodate both restaurant patrons and guest house visitors. With the hospitality industry thriving, owning this restaurant and guest house combination offers diverse income possibilities and incredible growth potential. Whether you're an aspiring restaurateur looking for a turn-key operation or an investor seeking multiple revenue streams, this property presents the perfect blend of opportunity and charm! Also listed under #1620110
Listing Highlights for 121 Fraser Ave
Status
Active
Days on Site
134
Property Type
Multi-Family
MLS ®
1620112
Year Built
1925
Total Square Footage
5,477
Lot/Acreage
2.5
County
Aroostook
Interior Details
- Bedrooms: 0
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Heat Pump
- Heating: Zoned,Hot Water,Heat Pump,Baseboard
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft: 5477
- Below Ground Sq Ft: 0
- Basement: Interior,Full,Unfinished
- Other: Storage
- Water: Public
Exterior Details
- Lot Description: Well Landscaped,Rolling/Sloping,Open,Sidewalks,Intown,Near Shopping,Near Town,Neighborhood
- Garage Capacity: 1 car
- Zoning: HDR
- Roof: Rolled/Hot Mop,Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: 21+ Spaces,Gravel,Paved,On Site,Detached,Off Street
Financial Details
- Tax Amount: $5,205
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2022
Payment Calculator
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Listing Location
Questions About..
121 Fraser Ave Madawaska, ME 04756
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