Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
2 Baths
2,112 sqft

$49,900

445 Main Street, Madawaska ME, 04756

Built in1931
Property size2,112 sqft
Property typeMulti-family
Courtesy of NextHome Discover

Overview

Active

Listed Oct 28, 2026

Updated 4 days ago

INVESTMENT OPPORTUNITY - PRICED TO SELL! Looking for an affordable investment property with plenty of potential? This versatile, fully vacant building presents an opportunity for investors, entrepreneurs, or buyers looking for a property they can make their own! The second floor features a two-bedroom apartment with an additional room currently used for laundry that could potentially serve as a third bedroom. The apartment has benefited from renovations, including an updated bathroom approximately four years ago. The main level previously operated as a hair salon and still features the hair-washing stations and existing plumbing, along with a break room and bathroom. This space could potentially be reopened as a salon, repurposed for another business, or converted into an additional residential unit, subject to necessary permits and approvals. With the entire building currently vacant, the next owner has the flexibility to begin planning renovations or improvements without having to work around existing tenants. The property has been priced accordingly to reflect known structural issues with the foundation, making this an opportunity for buyers prepared to address the necessary repairs. Whether you're looking to establish a business, create rental income, or renovate for future investment potential, this property is worth a look. Bring your ideas and explore the possibilities!

$332/mo

Est. mortgage payment based on a $49,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1685997

Interior Features

Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$1,269
Tax Frequency
Annually
View
Yes
MLS provider logo

Listing Contact: 207-728-7069

Listed by Mindy Braley with NextHome Discover 207-728-7069

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor The Emilie Levecque Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Maine Real Estate Information System, Inc. All rights reserved. 

Data is refreshed every 3 hours. Listing last updated at 3:05 AM UTC, 10/29/2026

 

Powered by Luxury Presence