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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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328 Main St , Madawaska, ME 04756
$199,000
Est. Payment: $442.22/mo
0 Bed
0 Bath
4288 Sqft
Status: Active | Days on site: 14
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House Description

This versatile mixed-use property offers an incredible combination of spacious residential living and income-producing commercial space, all under one roof. The upper level features an expansive three-bedroom, two-bath residence filled with amenities and plenty of room to live, work, relax, and entertain. The updated kitchen offers newer cabinetry, flooring, and appliances, while the home's generous layout includes a large game room with a full-size pool table, dedicated office space, private sauna, hot tub, tanning bed, and a one-of-a-kind bar area incorporating pieces of Madawaska's local history. An enclosed wraparound porch provides additional living and entertaining space while overlooking the St. John Valley and surrounding scenery. Storage is certainly not lacking here. A full walk-up attic provides an abundance of additional space, while the oversized drive-in basement offers even more possibilities. The basement is equipped with a floor drain, compressed-air system with lines throughout the space, and multiple additional storage rooms—making it especially useful for vehicles, equipment, hobbies, or workshop needs. Professional spray-foam insulation throughout the building adds to its overall energy efficiency. At street level, the commercial portion of the property is divided into two separate spaces. One unit is currently occupied by a professional tenant under a two-year lease, providing an existing source of rental income. The larger commercial space is finished, vacant, and ready for its next use. Its flexible layout lends itself to a variety of retail, office, service, or other commercial possibilities. Whether you're an entrepreneur looking for the convenience of living and working in the same building, an investor interested in multiple income streams, or simply searching for a property with an extraordinary amount of space and flexibility, this one offers opportunities that are hard to find in the St. John Valley.

Highlights

Listed by Mindy Braley , 207-728-7069 NextHome Discover , 207-762-6398.

Property Type

Commercial Sale

Lot/Acreage
0.15

Year Built

1927

County

Aroostook

Listing ID

1679218

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Heat Pump
Fireplaces:
Floor:Carpet,Tile,Wood
Basement:Walk-Out Access,Full,Unfinished
Other:
  • Additional:Storage
Water:Public

Exterior Features

Lot:Business District,Downtown,Near Shopping,Retail Strip,Water View
Zoning:Commercial
Roof:Shingle
Sewer:Public Sewer
Parking Features:1 - 4 Spaces,Garage
Principal Interest
$442
Taxes
$498

Home Price

$199,000

Loan Details

30 yrs
%

Down Payment

20%
$39,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$442.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $442.22 $497.83 $0.00 $940.06
Yearly $5,306.67 $5,974.00 $0.00 $11,280.67
Total $159,200.00 $179,220.00 $0.00 $338,420.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Madawaska, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.