#1605542, Listing office: Realty of Maine
Property details
About 284 Main St
Strong investment opportunity in Downtown Madawaska. Large multi-use building is comprised of two three bedroom apartments and a commercial restaurant and bar space which is currently operating and profitable. Sale includes said restaurant and bar with all furniture, fixtures, and equipment. The layout is spread over five floors, with the two apartments on the fourth and fifth levels, with the restaurant on the maine floor and two basement levels. Basement consists of kitchens, storage, extra restrooms, and a couple of walk out entrances to Bridge Street. The lowest, furthest back basement section could easily be converted into a garage with direct access to the building. Monthly rental income from tenants and restaurant is $4,400. The Main Street location is right in the middle of it all, with the Twin Rivers Paper Mill and all of its employees just behind it and Party du Main Street right in front every year. Good location, solid tenants and a business, and a building that can become anything you need it to. FULLY SPRINKLED and Fire Marshall Compliant. Pre Qualified buyers can call to arrange tours of the property.
Highlights
Summary
- Full Bathrooms: 2
- Basement: Yes
- Flooring Type: Wood, Tile, Laminate
- Attached Garage: No
- Parking: No Driveway, On Street
- Architectural Style: Other
- Heating: Other, Hot Water
- Cooling: None
- List Price: $279,000
- Annual Tax Amount: $3,933
- Tax Year: 2022
- Lot: Corner Lot, Sidewalk
- Year Built: 1923
- Living Area: 8,134 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 1611352
- MLS Name: Maine Listings
- Office Name: Crown Lakes Realty
- Office Phone: (207) 436-8889
- Office Email: matt@crownlakesrealty.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: 7/20/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2022 | $172,900 | $3,933 |
2021 | $172,900 | $3,804 |
2020 | $172,900 | $3,951 |
2019 | $172,900 | $4,011 |
2018 | $172,900 | $3,493 |
History based on county public records data.
Nearby schools
3
Madawaska Elementary School
Public District PK-6
1.5 mi
•353 11th Ave
6
Dr. Levesque Elementary School
Public District PK-6
7.4 mi
•443 US Route 1
7
Fort Kent Elementary School
Public District PK-6
14.5 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 $24,946. Most Madawaska, ME residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 284 Main St
The listing price of 284 Main St property is $279,000.
The property 284 Main St is a house located in Madawaska, Maine, 04756.
Active Listing: 284 Main St is Active, which means the seller is accepting offers.
The nearby schools for 284 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 $3,933 (source: MLS/based on county public records data).
The property at 284 Main St has 2 bathrooms.
The property 284 Main St is 8,134 SqFt (source: MLS/tax record).
The year of construction for 284 Main St is 1923.
This home is located at 284 Main St in Madawaska, ME and zip code 04756. This 8,134 square foot home, which was built in 1923, sits on a 0.10 acre lot. Features: 2 bathrooms. It is currently priced at $279,000.