#1611352, Listing Office: Crown Lakes Realty
Property details
About 121 Fraser Ave
Welcome to a unique opportunity to own a thriving restaurant and charming 5-room guest house in the heart of Madawaska. This turn-key property is ideal for entrepreneurs and investors looking to step into an established business with immediate revenue potential. The fully equipped restaurant includes all essential kitchen appliances, dining furniture, and furnishings, enabling you to start operations seamlessly from day one. With a strong local reputation for quality cuisine and excellent service, the restaurant already enjoys a loyal customer base, attracting both residents and visitors. Located in a high-traffic area with great visibility, this restaurant benefits from consistent foot traffic, maximizing its income potential. Additionally, the delightful 5-room guest house offers a cozy and private retreat for visitors, each room thoughtfully furnished with its own kitchenette, private entrance, and covered porch. This guest house not only provides a relaxing experience for travelers but also serves as a valuable additional income stream. Set on 2.5 acres, the property includes ample parking to comfortably accommodate both restaurant patrons and guest house visitors. With the hospitality industry thriving, owning this restaurant and guest house combination offers diverse income possibilities and incredible growth potential. Whether you're an aspiring restaurateur looking for a turn-key operation or an investor seeking multiple revenue streams, this property presents the perfect blend of opportunity and charm! Also listed under 1605531
Highlights
Virtual tour
Summary
- MLS Number: 1605542
- MLS Name: Maine Listings
- Office Name: Realty of Maine
- Office Phone: (207) 942-6310
- Office Email: juliesleeper@realtyofmaine.com
Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:50:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$600,000
121 Fraser Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 13, 2023 | Home Sold | $300,000 |
Tax history
We're sorry, we currently don't have tax history data for this listing.
History based on county public records data.
Nearby schools
3
Madawaska Elementary School
Public District PK-6
1.2 mi
•353 11th Ave
6
Dr. Levesque Elementary School
Public District PK-6
6.9 mi
•443 US Route 1
7
Fort Kent Elementary School
Public District PK-6
13.9 mi
•108 Pleasant St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,917. Residents of Madawaska, ME typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 121 Fraser Ave
This home is located at 121 Fraser Ave in Madawaska, ME and zip code 04756. This 5,477 square foot home, which was built in 1925, sits on a 2.50 acre lot. Features: 5 bathrooms. It is currently priced at $600,000.