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121 Fraser AvenueMadawaska, ME 04756Price: $380,000

  • Price: $380,000
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $380,000List Price
  • 2.5Acreage
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Listed by EXP Realty,LLC
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!

Property Details of 121 Fraser Avenue

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

The Land Brothers participates in ©2022 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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