SoldNov 4, 2025

Listed by Daniel Demers from Sell Your Home Services

Bought with Dawn Roberts from Big Bear Real Estate Company

Source: Maine Real Estate Information System, Inc. #1616395

240 Main St, Madawaska, ME, 04756

$185,000

3
2
1845 sq. ft.
35719.2 sq. ft.

MultiFam

30+ days on the market

Sold: Nov 4, 2025

What's around 240 Main St

About this property

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!

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