417 Main StMadawaska, ME 04756
- Retail properties
- 54,973 SF
Property Details for 417 Main St
- Year built
- 1973
- Lot size
- 1.90 AC
- Property size (Sq ft)
- 54,973 SF
- Property type
- Retail properties
- Property subtype
- Lifestyle centers
Description
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.
Location Insight
- City
- Madawaska
- County
- Aroostook
- State
- Maine
- Latitude
- 47.3545
- Longitude
- -68.3235
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