SQUARE FEET16,772
MLS#1643748
STATUSActive
PROPERTY TYPECommercial - Business
Property 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.
Property Features
Property Type: Commercial - Business
Lot Size: 5.13 Acres
Roof Type: Metal
Taxes: $15,208
Year Built: 1959
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty
Agency Phone: 207-879-9800
Agent Name: Nicholas Farrell
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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735 Main Street | MLS# 1643748
This commercial property located at 735 Main Street, Madawaska, ME 04756 is currently listed for sale with an asking price of $750,000. Search Madawaska real estate on www.masiellogrouprealestate.com today.