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328 Main StreetMadawaska, ME 04756Price: $199,000

  • Price: $199,000
  • 0 Day on Market
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Federal 30-year interest rate: 6.71% last updated on Sep 3, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $199,000List Price
  • 0.15Acreage
  • 4,288Square Feet
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Listed by NextHome Discover
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.

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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. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Lifestyle Properties of Maine participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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