About This Home

This 0-bedroom, 0-bathroom commercial at 735 Main Street in Madawaska, ME is listed for $650,000 ($39 per sqft). Built in 1959, the home offers 16,772 sqft of living space on a 5.13 acres lot.

Key Features

  • Built in 1959
  • 5.13 acre lot

Property Details

1959
Listing Description

The Gateway Motel presents a rare value-add lodging opportunity in the heart of Maine's St. John Valley. The property includes 33 rentable guest rooms, an on-site restaurant with a full commercial kitchen, and an attached 3-bedroom owner's residence, offering convenience and operational efficiency for an owner-operator.

An additional 12 units are not currently rentable, requiring full renovation—providing meaningful upside for a buyer looking to expand room count and reposition the asset. The property benefits from excellent visibility, ample parking, and several demand drivers in the region, including outdoor recreation and local workforce travel. While current operations are limited, the Gateway Motel offers a solid foundation for new ownership to modernize, rebrand, and capture the area's lodging needs.

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

735 Main Street

Madawaska, ME 04756

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 735 Main Street is listed at $650,000 ($39/sqft). The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1959, 5.13 acre lot.

This property is listed by Nicholas Farrell.

NF

Nicholas Farrell

Agent at Keller Williams Realty

Listed by Keller Williams Realty · Broker phone: (207) 879-9800 · View on Broker Site · Broker website

MLS# 1682373· Source: Maine Listings· 6 days on PropertySimple

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735 Main Street, Madawaska, ME 04756

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