#1600464, Listing Office: Aroostook Real Estate
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
Home typeOther
HeatingOther, Hot Water
StatusActive
Size8,134 sqft
BasementYes
Lot size0.1 Acres
Year built1923
ParkingNo Driveway, On Street
MLS #1611352
Summary
- 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: 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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$399,000
284 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
| 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. The most common annual income of people living in Madawaska, ME is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
60%
<35k
37%
35k-100k
3%
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?
66%
Single, No Kids
6%
Single, with Kids
23%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
5%
12-17 yrs old
12%
18-34 yrs old
43%
35-64 yrs old
34%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Monster Trucks
Hunting
Where do the neighbors shop?
Dollar General
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
GMC
Chevrolet
Ram
What do the neighbors listen to?
Classic Country- Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 284 Main St
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 $399,000.
From Rocket Homes Real Estate and based on county public records data.