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121 Fraser Avenue

Madawaska, ME 04756
  • $485,000
  • STATUS: Active
  • MLS #: 1526342
UPDATED: 25 min ago
$485,000
  • 0
    BEDS
  • 2.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,477
    SQFT
Neighborhood:
Type:
Commercial
Built:
1925
County:
Area:

School Ratings & Info

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Description

Poised to celebrate its Centennial Anniversary, the Fraser Mansion in Madawaska has a legacy of elegance and splendor. It was built to house and entertain prestigious guests, from business associates to Senators to Governors. It has been updated and modernized extensively, being last used as a guest house with gourmet restaurant and accompanying pub. The restaurant has a 50 seat capacity, with much more room available on the patios and lawns. The restaurant has a well built commercial kitchen, kept very clean with new appliances. The pub is set up with its own wet bar and coolers, with bathrooms in between it and the dining area. Five gorgeous suites on levels 2 and 3 bring in a consistent income, each with their own bathrooms and kitchenette. All suites have access to the wrap around porch with appropriate fire escapes. Plenty of parking is available on this spacious 2.5 acre lot. The South end of the lawns once housed a helipad for the aforementioned visitors. On the corner lies a large one car garage. The full basement currently has the laundry, and also houses the water softener, hot water boiler, and servant's quarters. Plenty of storage available down here as well. Now is your chance to run a bustling hospitality business in an historical building. Call for more information today!

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-05-20T11:48:30.813.
www.yoursouthernmaineagent.com/homes/128167876
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121 Fraser Avenue Madawaska, ME 04756

  • Price: $485,000
  • Status: Active
  • On Site: Days
  • Updated: 25 min ago
  • MLS #: 1526342
0
Beds
0
Baths
0
½ Baths
2.5
Acres
5,477
SQFT
$89
$/SQFT
1925
Built
Neighborhood:
Madawaska
County:
Aroostook
Area:
Madawaska
Property Description
Poised to celebrate its Centennial Anniversary, the Fraser Mansion in Madawaska has a legacy of elegance and splendor. It was built to house and entertain prestigious guests, from business associates to Senators to Governors. It has been updated and modernized extensively, being last used as a guest house with gourmet restaurant and accompanying pub. The restaurant has a 50 seat capacity, with much more room available on the patios and lawns. The restaurant has a well built commercial kitchen, kept very clean with new appliances. The pub is set up with its own wet bar and coolers, with bathrooms in between it and the dining area. Five gorgeous suites on levels 2 and 3 bring in a consistent income, each with their own bathrooms and kitchenette. All suites have access to the wrap around porch with appropriate fire escapes. Plenty of parking is available on this spacious 2.5 acre lot. The South end of the lawns once housed a helipad for the aforementioned visitors. On the corner lies a large one car garage. The full basement currently has the laundry, and also houses the water softener, hot water boiler, and servant's quarters. Plenty of storage available down here as well. Now is your chance to run a bustling hospitality business in an historical building. Call for more information today!
Exterior Features

Construction Wood Frame Exterior ClapboardComposition Parking 5 - 10 SpacesOn Site Roof Shingle

Interior Features

Basement Full Cooling Heat Pump Gas No Gas Heat Fuel Oil Heat System Hot Water

Property Features

Electric Circuit Breakers Full Tax Amount Amount 5034.00 Leased Land No Property Uses Bar/Tavern/LoungeBed And BreakfastRestaurant Sewer Public Sewer Surveyed No Tax Year 2021 Water Public Zoning Hdr Zoning Overlay No

Listing provided courtesy of Exp Realty, Llc.

© 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-05-20T11:48:30.813.
 
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Keller Williams Realty
50 Sewall Street
Portland ME, 04102
Mortgage Calculator tool is provided by BoomTown.