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445 Main Street, 
Madawaska, ME 04756

$49,900


—

Bed


2

Baths


2,112

Sq Ft


Multi-Family


Virtual Tour

Active

Nexthome Discover

Last updated:

October 31, 2026, 10:33 AM

MLS#

1685997

Source:

ME MREIS

About This Home

445 Main Street

INVESTMENT OPPORTUNITY - PRICED TO SELL! Looking for an affordable investment property with plenty of potential? This versatile, fully vacant building presents an opportunity for investors, entrepreneurs, or buyers looking for a property they can make their own! The second floor features a two-bedroom apartment with an additional room currently used for laundry that could potentially serve as a third bedroom. The apartment has benefited from renovations, including an updated bathroom approximately four years ago. The main level previously operated as a hair salon and still features the hair-washing stations and existing plumbing, along with a break room and bathroom. This space could potentially be reopened as a salon, repurposed for another business, or converted into an additional residential unit, subject to necessary permits and approvals. With the entire building currently vacant, the next owner has the flexibility to begin planning renovations or improvements without having to work around existing tenants. The property has been priced accordingly to reflect known structural issues with the foundation, making this an opportunity for buyers prepared to address the necessary repairs. Whether you're looking to establish a business, create rental income, or renovate for future investment potential, this property is worth a look. Bring your ideas and explore the possibilities!

Home Facts

Multi-Family

2 Baths

Built in 1931

Price Summary

49,900

$23 per Sq. Ft.

MLS #:

1685997

Last Updated:

October 31, 2026, 10:33 AM


Rooms & Interior

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1


Structure

Structure

Building Area:

2,112 Sq. Ft.

Year Built:

1931


Lot

Lot Size (Sq. Ft):

2,613


Finances & Disclosures

Finances

Price:

$49,900

Price per Sq. Ft:

$23 per Sq. Ft.

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MREIS Multiple Listing Service™ systemListing 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.