240 Main Street
Madawaska
$259,000
Active Multi-Family MLS# 1616395
  • Type: Multi-Family
  • Year Built: 1930
  • 4 Units
  • 3 Baths
  • 1,845 SqFt
  • 0.82 Acres
Listed By:
Sell Your Home Services
888-219-3009

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!

  • Style Other, Split Level
  • Year Built 1930
  • Lot Size 0.82 acres
  • SQFT Finished Above Grade 1845
  • County Aroostook
  • City Madawaska
  • Zone Residential
  • Location Business District, Near Shopping, Near Town, Neighborhood, Other Location, Retail Strip
  • Water Frontage No
  • Seasonal Unknown
  • Full Tax Amount $1,943.00
  • Tax Year 2022
  • Association Fee $0.00
  • Total Units 4
  • Baths Total 3
  • Baths Full 3
  • Basement Brick/Mortar
  • Amenities 1st Floor Bedroom, Attic, In-Law Apartment, Laundry - 1st Floor, Laundry - Hookup, One-Floor Living, Storage
  • Equipment Internet Access Available
  • Construction Wood Frame
  • Exterior Vinyl Siding
  • Basement Brick/Mortar
  • Roof Shingle
  • Floors Carpet, Vinyl
  • Heat System Baseboard, Heat Pump, Other Heat System
  • Heat Fuel Electric,Oil
  • Gas Bottled
  • Water Heater Oil
  • Electric No
  • Water No
  • Waste Water Disposal Public Sewer
  • Driveway Common, Concrete, Paved
  • Parking Other Parking, 1 - 4 Spaces, On Site
  • Roads Public