121 Fraser Avenue, Madawaska, ME 04756 (MLS # 1667905)

Price $600,000
Status Active
Size 5,477 sqft
Lot Size 2.50 ac
Exceptional opportunity to own a well-established restaurant and guest lodging business in the heart of Madawaska. Situated on approximately 2.5 acres, this turn-key commercial property offers multiple income streams and is ready for its next owner to step in and continue operations. The restaurant is fully equipped and includes the essential kitchen equipment, dining furnishings, and fixtures needed to operate from day one. Known for its welcoming atmosphere and strong community presence, the business benefits from excellent visibility, convenient access, and ample on-site parking for customers and guests. Complementing the restaurant is a charming 5-room guest house, with each room featuring its own private entrance, kitchenette, and covered porch. The guest accommodations provide flexibility for short-term travelers, seasonal visitors, or longer-term rental opportunities, creating additional revenue potential year-round. With an established reputation, a prime location, and the ability to generate income from both hospitality and lodging operations, this property presents a rare investment opportunity in Northern Maine. Whether you're looking to expand your business portfolio, pursue a hospitality venture, or invest in a property with diverse earning potential, this unique offering deserves a closer look. Schedule your private showing today and explore the possibilities.
Property Type(s): Commercial
Last Updated 6/18/2026 Year Built 1925
County Aroostook

Additional Details

AIR Heat Pump
AIR CONDITIONING Yes
BASEMENT Full, Unfinished, Yes
CONSTRUCTION Clapboard, Frame
HEAT Baseboard, Electric, Heat Pump, Hot Water, Oil, Zoned
INTERIOR Storage
LOT 2.5 acre(s)
LOT DIMENSIONS 2.5
MLS STATUS Active
PARKING On Site, Paved, Off Street
SEWER Public Sewer
TAXES 5205
UTILITIES Propane
WATER Public
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