445 Main Street, Madawaska, ME 04756
Local realty services provided by:CENTURY 21 First Choice Realty
Office: nexthome discover
MLS#:1685997
Source:ME_MREIS
Price summary
- Price:$49,900
- Price per sq. ft.:$23.63
About this home
INVESTMENT OPPORTUNITY - PRICED TO SELL! Looking for an affordable investment property with plenty of potential? This versatile, fully vacant building presents an opportunity for investors, entrepreneurs, or buyers looking for a property they can make their own! The second floor features a two-bedroom apartment with an additional room currently used for laundry that could potentially serve as a third bedroom. The apartment has benefited from renovations, including an updated bathroom approximately four years ago. The main level previously operated as a hair salon and still features the hair-washing stations and existing plumbing, along with a break room and bathroom. This space could potentially be reopened as a salon, repurposed for another business, or converted into an additional residential unit, subject to necessary permits and approvals. With the entire building currently vacant, the next owner has the flexibility to begin planning renovations or improvements without having to work around existing tenants. The property has been priced accordingly to reflect known structural issues with the foundation, making this an opportunity for buyers prepared to address the necessary repairs. Whether you're looking to establish a business, create rental income, or renovate for future investment potential, this property is worth a look. Bring your ideas and explore the possibilities!...
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Home facts
- Year built:1931
- Listing ID #:1685997
- Updated:October 29, 2026 at 10:48 AM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:1
- Flooring:Laminate
- Bathrooms Description:Bathtub
- Basement Description:Crawl Space, Dirt Floor, Interior Entry
- Living area:2,112 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric, Heating, Hot Water, Oil
Structure and exterior
- Roof:Shingle
- Year built:1931
- Building area:2,112 sq. ft.
- Lot area:0.06 Acres
- Lot Features:Corner Lot, Intown, Near Shopping, Rolling Slope
- Construction Materials:Fiber Cement, Wood Frame
- Exterior Features:Porch
- Foundation Description:Block
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$49,900
- Price per sq. ft.:$23.63
- Tax amount:$1,269 (2022)
Parking
- Parking description:1 - 4 Spaces, On Site, Paved
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