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  • Price cut: $19.1K (5/29)
    $199,900

    240 Main Street, Madawaska, ME 04756

    6beds
    1,845sqft
    : 
    Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $108/sqft
    $-- HOA

    What's special

    Commercial garageNew roofHigh-visibility location
    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!
    147 days
    on Zillow
    |
    231
    |
    16
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 07, 2025 at 11:33pm

    Listed by:

    Sell Your Home Services 888-219-3009

    Source: Maine Listings,MLS#: 1616395MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 240 Main Street.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other, Heat Pump, Baseboard
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry - 1st Floor, Main Level, Washer Hookup
    Features
    • In-Law Apartment, 1st Floor Bedroom, Attic, One-Floor Living, Storage
    • Flooring: Vinyl, Carpet
    • Basement: Interior,Brick/Mortar
    • Furnished: Yes
    Interior area
    • Total structure area: 1,845
    • Total interior livable area: 1,845 sqft
    • Finished area above ground: 1,845
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Storage Above, Heated, 1 - 4 Spaces, Concrete, Paved, Common, On Site, Other, Detached
    • Garage spaces: 2
    Features
    • Levels: Multi/Split
    • Patio & porch: Glass Enclosed, Porch, Screened
    Lot
    • Size: 0.82 Acres
    • Features: Other Location, Corner Lot, Sidewalks, Near Shopping, Near Town, Neighborhood, Retail Strip
    Details
    • Zoning: Residential
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Split Level,Other
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Frame
    • Roof: Shingle
    Condition
    • Year built: 1930

    Utilities & green energy

    • Electric: Three Phase, On Site, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & HOA

    Location
    • Region: Madawaska

    Financial & listing details

    • Price per square foot: $108/sqft
    • Annual tax amount: $1,943
    • Date on market: 5/19/2025
    • Electric utility on property: Yes
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