Unique Investment Opportunity - Income-Generating Property
with Commercial Garage! Prime Location in Madawaska, ME - Across from Tim Hortons! This versatile property offers an 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.) can be turned into more rental apartments. 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 - Current rental
Income but will be selling Unfurnished. One 3-bedroom unit & one 1-bedroom unit - already generating rental income 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 rental income. Why This Property? Dual-income potential - commercial business +
rentals High-traffic location - prime exposure for businesses 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!
Closed
Zestimate®
$185,000
240 Main Street, Madawaska, ME 04756
6beds
1,845sqft
Multi Family
Built in 1930
-- sqft lot
$185,000 Zestimate®
$100/sqft
$1,097 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 04, 2025 at 12:35pm
Listed by:
Sell Your Home Services 888-219-3009
Bought with:
Big Bear Real Estate Company
Source: Maine Listings,MLS#: 1616395
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Heat Pump, Other
Cooling
- Central Air
Features
- 1st Floor Bedroom, Attic, In-Law Floorplan, One-Floor Living, Storage
- Flooring: Carpet, Vinyl
- Basement: Interior Entry,Brick/Mortar
- Furnished: Yes
Interior area
- Total structure area: 1,845
- Total interior livable area: 1,845 sqft
- Finished area above ground: 1,845
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Common, Concrete, Paved, 1 - 4 Spaces, On Site, Other, Detached, Heated Garage, Storage
- Garage spaces: 2
Features
- Levels: Multi/Split
- Patio & porch: Porch
Lot
- Size: 0.82 Acres
- Features: Business District, Near Shopping, Near Town, Neighborhood, Other, Retail Strip, Corner Lot, Sidewalks
Details
- Zoning: Residential
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other,Split Level
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1930
Utilities & green energy
- Electric: On Site, Circuit Breakers, Three Phase
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Madawaska