$600,000

121 Fraser Ave Madawaska, ME 04756

5 full
5,477 sqft
2.5 acres
House

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 #1620110

Highlights

Home typeOther
HeatingZoned, Hot Water, Heat Pump, Baseboard
StatusActive
CoolingHeat Pump
Size5,477 sqft
BasementYes
Lot size2.5 Acres
Year built1925
Parking21+ Spaces, Gravel, Paved, On Site, Detached, Off Street
MLS #1620112
Garage1 space
ViewTrees/Woods, Scenic

Virtual tour

Summary

  • Full Bathrooms: 5
  • Basement: Yes
  • Flooring Type: Wood, Laminate, Concrete
  • Interior: Storage
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: 21+ Spaces, Gravel, Paved, On Site, Detached, Off Street
  • View: Trees/Woods, Scenic
  • Exterior: Porch
  • Architectural Style: Victorian
  • Heating: Zoned, Hot Water, Heat Pump, Baseboard
  • Cooling: Heat Pump
  • List Price: $600,000
  • Lot: Landscaped, Sloped, Open Lot, Sidewalk, Neighborhood
  • Year Built: 1925
  • Living Area: 5,477 SqFt
  • Lot Size: 2.5 Acres
  • MLS Number: 1620112
  • MLS Name: Maine Listings
  • Office Name: NextHome Discover
  • Office Phone: (207) 762-6398
  • Office Email: Dcastle@NextHomeDiscover.com

IDXDisclaimer: 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. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 7:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring stairway and a chimney

$600,000

121 Fraser Ave

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Price information

Property sales

DateEventPrice
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.

All data from GreatSchools

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. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

47%
<35k
43%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
8%
Single, with Kids
27%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
14%
18-34 yrs old
48%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • KmartKmart
  • Dollar GeneralDollar General
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • RamRam
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • OldiesOldies
  • Classic CountryClassic Country
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 121 Fraser Ave

The listing price of 121 Fraser Ave property is $600,000.

The property 121 Fraser Ave is a house located in Madawaska, Maine, 04756.

Active Listing: 121 Fraser Ave is Active, which means the seller is accepting offers.

The nearby schools for 121 Fraser Ave are: Madawaska Elementary School (GreatSchools Rating 3/10), Dr. Levesque Elementary School (GreatSchools Rating 6/10), Fort Kent Elementary School (GreatSchools Rating 7/10), Valley Rivers Middle School (GreatSchools Rating 4/10), Madawaska Middle/High School (GreatSchools Rating 6/10), Wisdom Middle/High School (GreatSchools Rating 4/10), Fort Kent Community High School (GreatSchools Rating 8/10).

The last sale was on March 13, 2023 for $300,000 (source: MLS/tax record).

The property at 121 Fraser Ave has 5 bathrooms.

The property 121 Fraser Ave is 5,477 SqFt (source: MLS/tax record).

The year of construction for 121 Fraser Ave is 1925.

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.

From Rocket Homes Real Estate and based on county public records data.

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