735 Main Street, Madawaska, ME 04756
sale
$850,000
|
Other
Courtesy Of Keller Williams Realty
Keller Williams Realty, Portland, ME 04102
The Gateway Motel presents a rare value-add lodging opportunity in the heart of Maine's St. John Valley. The property includes 33 rentable guest rooms, an on-site restaurant with a full commercial kitchen, and an attached 3-bedroom owner's residence, offering convenience and operational efficiency for an owner-operator. An additional 12 units are not currently rentable, requiring full renovationâ providing meaningful upside for a buyer looking to expand room count and reposition the asset. The property benefits from excellent visibility, ample parking, and several demand drivers in the region, including outdoor recreation and local workforce travel. While current operations are limited, the Gateway Motel offers a solid foundation for new ownership to modernize, rebrand, and capture the area's lodging needs.
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Property Features
- Age: Over 50 Years Old
- MLSID: 1643748
- Roof Type: Metal
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