$259,000

240 Main St Madawaska, ME 04756

3 full
1,845 sqft
0.8 acres
House

Property details

About 240 Main St

Unique Investment Opportunity - Income-Generating Property with Commercial Garage! Prime Location in Madawaska, ME - Across from Tim Hortons! This versatile property offers a rare 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.) 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 - Turnkey Airbnb Income! Fully furnished & equipped Airbnb units included! One 3-bedroom unit & one 1-bedroom unit - already generating rental income All furniture & appliances included for a seamless transition 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 Airbnb income. Why This Property? Dual-income potential - commercial business + short-term rentals. High-traffic location - prime exposure for businesses. Turnkey short-term rental operation - all furniture & appliances included. 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!

Highlights

Home typeOther
HeatingOther, Heat Pump, Baseboard
StatusActive
CoolingCentral Air
Size1,845 sqft
BasementYes
Lot size0.82 Acres
Year built1930
Parking1 - 4 Spaces, Concrete, Paved, Common, On Site, Other, Detached, Heated Garage, Storage
MLS #1616395
Garage2 spaces

Summary

  • Full Bathrooms: 3
  • Basement: Yes
  • Flooring Type: Vinyl, Carpet
  • Interior: 1st Floor Bedroom, Attic, In-Law Floorplan, One-Floor Living, Storage
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 1 - 4 Spaces, Concrete, Paved, Common, On Site, Other, Detached, Heated Garage, Storage
  • Exterior: Deck/Glassed-In, Porch, Screened Porch
  • Heating: Other, Heat Pump, Baseboard
  • Cooling: Central Air
  • List Price: $259,000
  • Annual Tax Amount: $1,943
  • Tax Year: 2022
  • Lot: Corner Lot, Sidewalk, Neighborhood, Other
  • Year Built: 1930
  • Living Area: 1,845 SqFt
  • Lot Size: 0.82 Acres
  • MLS Number: 1616395
  • MLS Name: Maine Listings
  • Office Name: Sell Your Home Services
  • Office Phone: (888) 219-3009

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: 5/2/2025, 5:20:57 PM 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 with covered porch

$259,000

240 Main St

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2022$85,400$1,943
2021$85,400$1,879
2020$85,400$1,951
2019$85,400$1,981
2018$85,400$1,725

History based on county public records data.

Nearby schools

3

Madawaska Elementary School

Public District PK-6

1.3 mi

353 11th Ave

6

Dr. Levesque Elementary School

Public District PK-6

7.0 mi

443 US Route 1

7

Fort Kent Elementary School

Public District PK-6

14.0 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. Most Madawaska, ME residents have annual incomes less than $<35k. Most families are 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 240 Main St

The listing price of 240 Main St property is $259,000.

The property 240 Main St is a house located in Madawaska, Maine, 04756.

Active Listing: 240 Main St is Active, which means the seller is accepting offers.

The nearby schools for 240 Main St 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).

According to the records, the last property tax for 2022 is $1,943 (source: MLS/based on county public records data).

The property at 240 Main St has 3 bathrooms.

The property 240 Main St is 1,845 SqFt (source: MLS/tax record).

The year of construction for 240 Main St is 1930.

This home is located at 240 Main St in Madawaska, ME and zip code 04756. This 1,845 square foot home, which was built in 1930, sits on a 0.82 acre lot. Features: 3 bathrooms. It is currently priced at $259,000.

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

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