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Listed by Nicholas Farrell Keller Williams Realty
$ 650,000
Est. payment /mo
Active
735 Main ST Madawaska, ME 04756
16,772 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type General Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 16,772 sqft
Price per Sqft $38
MLS Listing ID 1682373
HOA Y/N No
Year Built 1959
Tax Year 2022
Lot Size 5.130 Acres
Acres 5.13
Property Sub-Type General Commercial
Source Maine Listings
Land Area 16772
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.
Location
State ME
County Aroostook
Zoning Rural Farm & Forest
Direction From downtown Madawaska, east on Main Street. Motel is on your right.
Exterior
Parking Features 21+ Spaces, On Site, Paved
Roof Type Metal
Building
Lot Description Other
Entry Level Multi-Level
Others
Tax ID MADA-000011-000000-000043
NEARBY SCHOOLS & PROPERTIES