Madawaska, ME 04756,121 Fraser AVE
Madawaska, ME 04756,121 Fraser AVE
Madawaska, ME 04756,121 Fraser AVE
Listed by EXP Realty
Bought with Realty of Maine
$300,000
$300,000
Est.Price: ?

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5,477 SqFt
SOLD DATE : 03/10/2023

Key Details

Sold Price $300,000

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Sold

Square Footage 5,477 sqft

MLS Listing ID 1526342

Sold Date 03/10/23

HOA Y/N No

Originating Board Maine Listings

Year Built 1925

Annual Tax Amount $5,034

Tax Year 2021

Lot Size 2.500 Acres

Acres 2.5

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!

Location

State ME

County Aroostook

Zoning HDR

Direction Starting at the Madawaska Post Office, head West on Main St (Route 1) for .25 miles. Turn left onto 11th avenue. Take your third right onto Acadia St, and drive .25 miles to the end of Acadia St. Property is at the end.

Rooms

Basement Full

Interior

Heating Hot Water

Cooling Heat Pump

Flooring Wood, Vinyl, Tile

Exterior

Garage 5 - 10 Spaces, On Site

View Y/N No

Roof Type Shingle

Parking Type 5 - 10 Spaces, On Site

Building

Story 4

Sewer Public Sewer

Water Public

Structure Type Composition,Clapboard,Wood Frame

Others

Energy Description Oil

Financing Other

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Paul Rondeau

+1(207) 229-7613

Broker Associate | License ID: BA923327

Broker Associate License ID: BA923327

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