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417 Main StMadawaska, ME 04756

High-traffic Main Street location. 54,973 SF building.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a former K-Mart building located at 417 Main St, Madawaska, ME, 04756. The property boasts a substantial 54,973 square foot building on a 1.9-acre lot, zoned C-1. Built in 1973, the building currently has 549 square feet vacant, offering significant potential for redevelopment or repurposing. The single-tenant property is situated in a high-traffic area with approximately 4,800 vehicles passing daily, benefiting from proximity to Walgreens, Family Dollar, and Tim Hortons. The location offers excellent visibility and frontage, making it ideal for a variety of retail, industrial, or office uses. The surrounding community is vibrant, with a population of 2,260 within one mile, 3,259 within three miles, and 3,755 within five miles. The median household income is $50,239, and the median home value is $193,228, indicating a stable and growing market. The property's size and location present a unique opportunity for investors seeking a high-visibility property with significant potential for growth. The possibility of a drive-thru setup adds further appeal. This is a prime location in Aroostook County, Maine, right on the US-Canada border.

Highlights

  • 54,973 SF building on a 1.9-acre lot in Madawaska, ME.
  • C-1 zoning, high-traffic location (4,800 VPD) near Walgreens, Family Dollar, and Tim Hortons.
  • 549 SF currently vacant, offering redevelopment potential.
  • Strong demographics: 2,260 residents within 1 mile, median household income $50,239, median home value $193,228.
  • Excellent visibility and frontage, suitable for retail, industrial, or office uses; drive-thru potential.

Property Details for 417 Main St

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
54,973 SF
Year Built
1973
Buildings
1

Unit(s) available at that property

Space
Size
54,973 SF

Location Insight

City
Madawaska
County
Aroostook
State
Maine
Latitude
47.354499029938
Longitude
-68.323524291497
417 Main St, Madawaska, Maine

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Contacts

Jordan Gorjian
Jordan Gorjian
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417 Main St, Madawaska, Maine, 04756

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

417 Main St
  • Jordan Gorjian
    Jordan Gorjian
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