37 Lakewood RdMadison, ME 04950

  • Commercial real estate
  • 1,360 SF
For Sale
$309,000 View listing

Property Details for 37 Lakewood Rd

Year built
1969
Lot size
2.80 AC
Property size (Sq ft)
1,360 SF
Property type
Commercial real estate

Description

This exceptional property at 37 Lakewood Road in Madison, ME, presents a unique opportunity. Situated on a spacious 2.8-acre double lot, it offers a blend of residential comfort and significant commercial potential. The property features a substantial 1,360 square foot, four-bedroom, one-and-a-half-bathroom home, perfect for live-work arrangements. The home boasts versatile living spaces, including a dedicated office area, ideal for those seeking a home-based business. Ample vehicle and storage space is provided by both an attached two-car garage and a detached two-car garage, both equipped with new garage doors. Recent improvements include a new septic tank and leach field installed in July 2022, a new roof on the main house in August 2024, and a recent appraisal in July 2024 valuing the home at $305,000. The property's prime location offers excellent visibility and accessibility, making it attractive for a variety of commercial ventures. Outdoor living is enhanced by a 14x20 deck, perfect for entertaining. Adding to its appeal, the property enjoys direct access to the ITS 87 snowmobile trail. This combination of residential amenities and commercial viability makes this 2.8-acre property a rare find in Madison, ME. Priced at $309,000.

Location Insight

City
Madison
County
Somerset
State
Maine
Latitude
44.7896
Longitude
-69.7371

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