334 Main Street, Madawaska, ME 04756

New Listing
$215,000
Property Type: Multi-Family Baths: 4 Square Footage: 2,915 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $215,000 List Date: 3/23/2026 Last Modified: 3/24/2026

Description

Prime Multi-Use Building in the Heart of Downtown Madawaska! Endless possibilities await with this versatile multi-use building situated in the bustling heart of downtown Madawaska! Whether you're an investor seeking strong income potential or an entrepreneur ready to establish your business, this property offers a prime location, ample space, and multiple revenue streams. The main level features over 850 sq. ft. of highly visible retail or commercial space with excellent downtown exposure and steady foot traffic. Ideal for retail, office space, café, or a variety of service-based businesses. Recently, the first level also underwent renovations including the addition of a brand-new 1-bedroom, 1-bathroom apartment at the rear of the building, creating even more income potential. This unit offers modern updates, its own heat pump, and separate utilities, allowing the tenant to pay their own heating and electricity costs. The upper levels include two additional residential units. The second floor offers a spacious 3-bedroom apartment perfect for owner-occupancy or rental income. The third floor features a cozy 1-bedroom unit with great rental potential. Additional features include a partially finished basement providing excellent dry storage space, as well as convenient rear garage door access for easy loading and unloading. Mixed-use zoning allows for flexible commercial and residential opportunities, making this an ideal property for investors or owner-operators alike. This property is a rare find in Madawaska's thriving downtown district--maximize your investment with multiple rental streams while operating your own business or leasing out the commercial space. Don't miss this unique opportunity! Contact me today for more details or to schedule your private showing.

Supplements: ********

More Information MLS# 1655147

Location Information

Street #: 334 Street Name: Main Street Type: Street County: Aroostook Town: Madawaska State/Province: ME Zip Code: 04756 Leased Land: No Book: 1656 Page: 36 Map: 4 Lot: 26 Zoning: Commercial Zoning Overlay: Unknown Association: No Full Tax Amount $: 1829 Tax Year: 2022 Tree Growth Y/N: No Geo Lat: 47.355995 Geo Lon: -68.326294

Contract Information

Status: Active Original List Price: 215000 List Price: $215,000 Current Price: $215,000

Property Information

Surveyed: No Seasonal: No Owner Occupied: No Deed/Conveyance Type Offered: Warranty Deed: All Number of Units: 4 Total Baths: 4 Total Full Baths: 3 Total Half Baths: 1 Year Built: 1948 SqFt Finished Above Grade: 2665 SqFt Finished Below Grade: 250 SqFt Finished Total: 2915 SqFt Source: Public Records Garage: No Lot Size Acres +/-: 0.08 Source of Acreage: Public Records

Water Info

Water Frontage: No Water View: No

Building Info

# Stories: 3 # Floors: 3 # Heating Units: 1 # Water Heaters: 1

Units

# of 1 BD Units: 3 # of 3 BD Units: 1

Unit 1

Lease: No Level: First Security Deposit: Yes Monthly Rent: 750 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: First Security Deposit: No Monthly Rent: 1000 # Half Baths: 1 # of Rooms: 2 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: No Refrigerator: No Sewer: Yes Water: Yes

Unit 3

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1000 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 4

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 750 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Water: Yes

Utilities

Pole: Yes Utilities On: Yes

Property Features

Site: Rolling/Sloping; Sidewalks Location: Business District; Intown; Near Shopping Roads: Paved; Public Style: Other Levels: Multi-Level Construction: Masonry; Wood Frame Basement: Full; Walk-Out Access Basement Entry: Interior Foundation Materials: Poured Concrete Exterior: Brick; Vinyl Siding Roof: Shingle Heat System: Baseboard; Heat Pump Heat Fuel: Oil Water Heater: Off Heating System; Oil Cooling: Heat Pump Floors: Laminate Amenities: Storage Patio and Porch Features: Porch Equipment: Internet Access Available Driveway: Common Parking: 1 - 4 Spaces; Off Street Vehicle Storage: 1 Car Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: NextHome Discover
Last Updated: March - 24 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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