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About the Listing 1898 - 016986
The Gateway Motel presents a rare value-add lodging opportunity in the heart of Maine's St. John Valley. The property includes 33 rentable guest rooms, an on-site restaurant with a full commercial kitchen, and an attached 3-bedroom owner's residence, offering convenience and operational efficiency for an owner-operator. An additional 12 units are not currently rentable, requiring full renovation—providing meaningful upside for a buyer looking to expand room count and reposition the asset. The property benefits from excellent visibility, ample parking, and several demand drivers in the region, including outdoor recreation and local workforce travel. While current operations are limited, the Gateway Motel offers a solid foundation for new ownership to modernize, rebrand, and capture the area's lodging needs.
Listing Highlights
Status
Active
Days on Site
23
Property Type
Commercial Sale
MLS ®
1643748
Year Built
1959
Total Square Footage
16,772
Lot/Acreage
5.13
County
Aroostook
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Other Location
- Garage Capacity: N/A
- Zoning: Rural Farm & Forest
- Roof: Metal
- Others:
- Sewer:
- Parking Features: 21+ Spaces,On Site,Paved
Financial Details
- Tax Amount: $15,208
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2022
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
735 Main St Madawaska, ME 04756
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