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REW Lake Rentals & Real Estate
735 Main St, Madawaska, ME 04756
- $650,000
- 16,772
- SqFt
Listing courtesy of Keller Williams Realty.
- List Price
- $650,000
- MLS#
- 1682373
- Status
- ACTIVE
- Type
- Commercial
- City
- Madawaska
- County
- Aroostook
- Living Area
- 16,772
- Lot Size
- 223,462
- Year Built
- 1959
Property Description
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 renovation—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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Additional Information
- Living Area
- 16,772
- Year Built
- 1959
- Acres
- 5.13
- Roof
- Metal
- Courtesy Of Listing Office
- Keller Williams Realty
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