About This Home

This 0-bedroom, 0-bathroom commercial at 460 Main Street in Madawaska, ME is listed for $395,000 ($21 per sqft). Built in 1936, the home offers 18,934 sqft of living space on a 1.49 acres lot.

Key Features

  • Built in 1936
  • 1.49 acre lot
  • Waterfront

Property Details

1936

Amenities

Waterfront
Listing Description

Impressive nearly 15,000± SF medical office building in the heart of Madawaska, offering outstanding visibility, easy access, with a level entry for smooth patient flow. Originally built in 1936 as a school, the structure underwent major renovations starting in 2014 and now features two well-designed office floors connected by an elevator.

Offices, exam rooms, meeting & conference rooms, work stations, many ADA half baths! Room for expansion, there are several rooms that are stil original to the school rooms of "yester-year," with wooden floors & chalkboards! The Acadian Festival planners enjoyed using this space to plan for this proud heritage festival!

The 1.49± acre site includes a sweeping paved parking area that comfortably handles high traffic or delivery trucks. Inside, you'll find a bright, exceptionally well-maintained facility that current staff take great pride in. Highlights include a full gym area currently used for physical therapy, two locker rooms, and a substantial boiler room containing two high-efficiency Penzotti furnaces.

A rubber roof installed around 2018 shows no signs of leakage. No known hazardous materials inside. There is a 5,000-gallon underground oil tank that has not met current code, so future conversion to above-grade storage will be needed. Seller requires the ability to lease back the building thru 2026 (think instant equity!), terms to be negotiated as part of the offer.

Advance notice and proof of funds are required for showings. A clean, modern, and thoughtfully upgraded commercial property—ready to support a wide range of professional or medical uses. Test or call for your appointment, Rob Kieffer

Monthly Cost Estimate

$2,113/mo

20% down · 6.5% · 30 years

Principal$286
Interest$1,712
Insurance$115

Estimates only. Actual payments may vary.

Location

460 Main Street

Madawaska, ME 04756

Property Details

Flooring

LaminateCarpet

Construction

Masonry

Heating

BaseboardOilHot Water(Heating)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 460 Main Street is listed at $395,000 ($21/sqft). The estimated monthly payment is $2,112 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1936, 1.49 acre lot, Waterfront.

This property is listed by Robert Kieffer.

RK

Robert Kieffer

Agent at RE/MAX Central

Listed by RE/MAX Central · Broker phone: (207) 551-9258 · View on Broker Site · Broker website

MLS# 1649121· Source: Maine Listings· 1 day on PropertySimple

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460 Main Street, Madawaska, ME 04756

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