Prime Multi-Use Building in the Heart of Downtown Madawaska! Endless possibilities await with this versatile multi-use building situated in the bustling heart of downtown Madawaska! Whether you're an investor seeking strong income potential or an entrepreneur ready to establish your business, this property offers a prime location, ample space, and multiple revenue streams. The main level features over 850 sq. ft. of highly visible retail or commercial space with excellent downtown exposure and steady foot traffic. Ideal for retail, office space, café, or a variety of service-based businesses. Recently, the first level also underwent renovations including the addition of a brand-new 1-bedroom, 1-bathroom apartment at the rear of the building, creating even more income potential. This unit offers modern updates, its own heat pump, and separate utilities, allowing the tenant to pay their own heating and electricity costs. The upper levels include two additional residential units. The second floor offers a spacious 3-bedroom apartment perfect for owner-occupancy or rental income. The third floor features a cozy 1-bedroom unit with great rental potential.
Additional features include a partially finished basement providing excellent dry storage space, as well as convenient rear garage door access for easy loading and unloading. Mixed-use zoning allows for flexible commercial and residential opportunities, making this an ideal property for investors or owner-operators alike. This property is a rare find in Madawaska's thriving downtown district--maximize your investment with multiple rental streams while operating your own business or leasing out the commercial space. Don't miss this unique opportunity! Contact me today for more details or to schedule your private showing.
Active
$215,000
334 Main Street, Madawaska, ME 04756
6beds
2,915sqft
Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$74/sqft
$-- HOA
What's special
Modern updatesSeparate utilitiesExcellent downtown exposureHeat pump
- 108 days |
- 111 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
NextHome Discover
Source: Maine Listings,MLS#: 1655147
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Baseboard, Heat Pump
Cooling
- Heat Pump
Features
- Storage
- Flooring: Laminate
- Basement: Interior Entry,Walk-Out Access,Full
Interior area
- Total structure area: 2,915
- Total interior livable area: 2,915 sqft
- Finished area above ground: 2,665
- Finished area below ground: 250
Video & virtual tour
Property
Parking
- Parking features: Common, 1 - 4 Spaces, Off Street
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 3,484 Square Feet
- Features: Business District, City Lot, Rolling Slope, Sidewalks
Details
- Parcel number: MADAM004L0026
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Masonry, Wood Frame, Brick, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Shingle
Condition
- Year built: 1948
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On, Pole
Community & HOA
Location
- Region: Madawaska
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $80,400
- Annual tax amount: $1,829
- Date on market: 3/23/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Listed for sale | $215,000+19.4%$74/sqft |
Source: | ||
| 2/2/2026 | Listing removed | $180,000$62/sqft |
Source: | ||
| 8/2/2025 | Listed for sale | $180,000$62/sqft |
Source: | ||
| 7/31/2025 | Listing removed | $180,000$62/sqft |
Source: | ||
| 4/23/2025 | Listed for sale | $180,000$62/sqft |
Source: | ||
| 4/23/2025 | Listing removed | $180,000$62/sqft |
Source: | ||
| 1/30/2025 | Listed for sale | $180,000$62/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,829 | $80,400 |
| 2023 | $1,829 | $80,400 |
| 2022 | $1,829 +3.4% | $80,400 |
| 2021 | $1,769 -3.7% | $80,400 |
| 2020 | $1,837 -1.5% | $80,400 |
| 2019 | $1,865 +14.8% | $80,400 |
| 2018 | $1,624 +2.5% | $80,400 |
| 2017 | $1,584 +5.4% | $80,400 |
| 2016 | $1,503 +0.5% | $80,400 |
| 2015 | $1,495 +6.9% | $80,400 |
| 2014 | $1,399 +3.1% | $80,400 +6.1% |
| 2013 | $1,357 | $75,800 |
| 2012 | $1,357 | $75,800 +37.6% |
| 2009 | -- | $55,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04756
Nearby schools
GreatSchools rating
- 4/10Madawaska Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 7/10Madawaska Middle/High SchoolGrades: 6-12Distance: 0.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Aroostook County
- Madawaska
- 04756
- 334 Main Street







