121 Fraser Avenue
Madawaska
Closed Commercial MLS# 1526342
  • 5,477SqFt
  • $300,000 Price
  • Type: Mixed Use
  • Year Built: 1925
  • 5,477 SqFt
  • 2.5 Acres

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!

  • Year Built 1925
  • Lot Size 2.5 acres
  • County Aroostook
  • City Madawaska
  • Zone HDR
  • Full Tax Amount $5,034.00
  • Tax Year 2021
  • Association Fee $0.00
  • Basement Full
  • Construction Wood Frame
  • Exterior Clapboard, Composition
  • Basement Full
  • Roof Shingle
  • Floors Tile, Vinyl, Wood
  • Heat System Hot Water
  • Heat Fuel Oil
  • Gas No Gas
  • Electric Circuit Breakers
  • Water Public
  • Waste Water Disposal Public Sewer
  • Parking 5 - 10 Spaces, On Site
Listed By:
EXP Realty
Sold By:
Realty of Maine