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About the Listing 3254 - 021158
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!
Listing Highlights for 240 Main St
Status
Active
Days on Site
171
Property Type
Multi-Family
MLS ®
1616395
Year Built
1930
Total Square Footage
1,845
Lot/Acreage
0.82
County
Aroostook
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central Air
- Heating: Other Heat System,Heat Pump,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1845
- Below Ground Sq Ft: 0
- Basement: Interior,Brick/Mortar
- Other: In-Law Apartment,1st Floor Bedroom,Attic,One-Floor Living,Storage
- Water: Public
Exterior Details
- Lot Description: Other Location,Corner Lot,Sidewalks,Near Shopping,Near Town,Neighborhood,Retail Strip
- Garage Capacity: 2 car
- Zoning: Residential
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Storage Above,Heated,1 - 4 Spaces,Concrete,Paved,Common,On Site,Detached
Financial Details
- Tax Amount: $1,943
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2022
Payment Calculator
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Listing Location
Questions About..
240 Main St Madawaska, ME 04756
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