It's Time To Move!

121 Fraser AvenueMadawaska, ME 04756Price: $550,000

  • Price: $550,000
  • 117 Days on Market
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Federal 30-year interest rate: 6.87% last updated on Jun 20, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $550,000List Price
  • 2.19Acreage
  • 5,477Square Feet
Listed by Realty of Maine
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Welcome to an incredible opportunity to own a fully established restaurant along with a charming 5-room guest house, all nestled in the heart of Madawaska. This turn-key property presents a rare chance for entrepreneurs and investors alike to step into a thriving business with immediate revenue potential. The restaurant comes complete with all necessary equipment and furnishings, allowing for seamless operations from day one. From kitchen appliances to dining area furniture, everything is in place for the new owner to start serving customers immediately. Benefit from an already established customer base drawn to the exceptional dining experience offered by this restaurant. With a reputation for quality cuisine and excellent service, you can step into a business that is already beloved by locals and visitors alike. Situated in a high-traffic area, the restaurant enjoys excellent visibility and accessibility, further enhancing its revenue potential. The 5-room guest house exudes charm and comfort, offering a cozy retreat for visitors seeking accommodation in the area. Each room is tastefully furnished and equipped with amenities to ensure a pleasant stay for guests, including a kitchenette in each room. Each guest room has its own outdoor entry and covered porch for convenience and pleasure, providing a sense of privacy and relaxation for guests. In addition to the restaurant, the guest house presents an additional revenue stream, catering to travelers, tourists, and those visiting the area for various purposes. With hospitality being a booming industry, owning both a restaurant and guest house provides diversified income opportunities. With 2.19 acres of land, ample parking space is available to accommodate both restaurant diners and guest house visitors, ensuring convenience for all. Whether you're an aspiring restaurateur looking for a turn-key business opportunity or an investor seeking a property with multiple income streams this offers the perfect blend!

Property Details of 121 Fraser Avenue

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Realty of Maine participates in ©2024 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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