106 Nichols Street in Madison offers a unique opportunity for anyone looking for substantial garage and workspace along with comfortable living quarters.
The property features approximately 2,880 square feet of space, including an oversized three-car garage, a dedicated woodworking room, a vehicle lift, and an attached one-bedroom, one-bath apartment. The layout provides plenty of flexibility for a wide range of uses and is especially well suited for someone who needs room for vehicles, equipment, tools, storage, or ongoing projects.
For a contractor, mechanic, tradesperson, car enthusiast, woodworker, or small business owner, the garage and shop space are the standout features. Having living quarters attached adds another level of convenience, allowing you to keep your home and workspace together without sacrificing valuable shop space.
The in-town Madison location also provides easy access to local businesses, services, and surrounding communities while still giving you the kind of workspace that can be difficult to find in a typical residential property.
Whether you're looking for a property to support your business, a place to work on vehicles and projects, or simply more garage space than the average home can offer, 106 Nichols Street is worth a closer look.
Active
$255,000
106 Nichols Street, Madison, ME 04950
1beds
2,880sqft
Single Family Residence
Built in 1999
0.36 Acres Lot
$244,500 Zestimate®
$89/sqft
$-- HOA
What's special
Attached one-bedroom one-bath apartmentDedicated woodworking roomVehicle liftOversized three-car garage
- 35 days
- 74
- 6
Zillow last checked:
Listing updated:
Listed by:
Real Broker
Source: Maine Listings,MLS#: 1677736
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Features: Closet
- Level: First
Kitchen
- Features: Eat-in Kitchen
- Level: First
Living room
- Features: Informal
- Level: First
Heating
- Radiant
Cooling
- None
Appliances
- Included: Electric Range, Refrigerator
Features
- 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Storage
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,880
- Total interior livable area: 2,880 sqft
- Finished area above ground: 2,880
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Paved, 5 - 10 Spaces, Heated Garage, Storage
- Attached garage spaces: 3
Lot
- Size: 0.36 Acres
- Features: City Lot, Near Shopping, Neighborhood, Level, Open Lot, Landscaped
Details
- Parcel number: MADNM020L100001
- Zoning: Residential/in town
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Foundation: Slab, Poured Concrete
- Roof: Metal,Shingle
Condition
- Year built: 1999
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $189,700
- Annual tax amount: $3,848
- Date on market: 8/26/2026
- Road surface type: Paved
Estimated market value
$244,500
$232,000 - $257,000
$1,469/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $255,000-5.5%$89/sqft |
Source: | ||
| 3/24/2026 | Listing removed | $269,900$94/sqft |
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| 6/25/2025 | Listed for sale | $269,900$94/sqft |
Source: | ||
| 2/4/2025 | Listing removed | $269,900$94/sqft |
Source: | ||
| 12/18/2024 | Price change | $269,900-6.9%$94/sqft |
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| 9/2/2024 | Listed for sale | $289,900-3.3%$101/sqft |
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| 8/29/2024 | Listing removed | -- |
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| 8/6/2024 | Listed for sale | $299,900$104/sqft |
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Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,054 +11.4% | $189,700 +15.5% |
| 2023 | $2,742 -3.5% | $164,200 +7.5% |
| 2022 | $2,841 +104.5% | $152,800 +113.7% |
| 2021 | $1,389 -5.4% | $71,500 +3.5% |
| 2020 | $1,468 +1% | $69,100 +1% |
| 2019 | $1,454 -1.2% | $68,400 |
| 2018 | $1,471 | $68,400 |
| 2017 | $1,471 +2.4% | $68,400 |
| 2016 | $1,436 +7.6% | $68,400 |
| 2015 | $1,334 | $68,400 |
| 2014 | $1,334 | $68,400 |
Find assessor info on the county website
Monthly payment
Est. payment





