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284 Main Street, 
Madawaska, ME 04756

$299,000


Bed


2

Baths


8,134

Sq Ft


Multi-Family

Active

Listed by

Matthew Dechaine

Crown Lakes Realty

Last updated:

June 9, 2025, 08:46 PM

MLS#

1611352

Source:

ME MREIS

About This Home

284 Main Street

Strong investment opportunity in Downtown Madawaska. Large multi-use building is comprised of two three bedroom apartments and a commercial restaurant and bar space which is currently operating and profitable. Sale includes said restaurant and bar with all furniture, fixtures, and equipment. The layout is spread over five floors, with the two apartments on the fourth and fifth levels, with the restaurant on the maine floor and two basement levels. Basement consists of kitchens, storage, extra restrooms, and a couple of walk out entrances to Bridge Street. The lowest, furthest back basement section could easily be converted into a garage with direct access to the building. Monthly rental income from tenants and restaurant is $4,400. The Main Street location is right in the middle of it all, with the Twin Rivers Paper Mill and all of its employees just behind it and Party du Main Street right in front every year. Good location, solid tenants and a business, and a building that can become anything you need it to. FULLY SPRINKLED and Fire Marshall Compliant. Pre Qualified buyers can call to arrange tours of the property.

Home Facts

Multi-Family

2 Baths

Built in 1923

Price Summary

299,000

$36 per Sq. Ft.

MLS #:

1611352

Last Updated:

June 9, 2025, 08:46 PM


Rooms & Interior

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

8,134 Sq. Ft.


Structure

Structure

Building Area:

8,134 Sq. Ft.

Year Built:

1923


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$299,000

Price per Sq. Ft:

$36 per Sq. Ft.

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MREIS Multiple Listing Service™ system Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

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