About this home
Impressive nearly 15,000± SF medical office building in the heart of Madawaska, offering outstanding visibility, easy access, with a level entry for smooth patient flow. Originally built in 1936 as a school, the structure underwent major renovations starting in 2014 and now features two well-designed office floors connected by an elevator. Offices, exam rooms, meeting & conference rooms, work stations, many ADA half baths! Room for expansion, there are several rooms that are stil original to the school rooms of ''yester-year,'' with wooden floors & chalkboards! The Acadian Festival planners enjoyed using this space to plan for this proud heritage festival! The 1.49± acre site includes a sweeping paved parking area that comfortably handles high traffic or delivery trucks. Inside, you'll find a bright, exceptionally well-maintained facility that current staff take great pride in. Highlights include a full gym area currently used for physical therapy, two locker rooms, and a substantial boiler room containing two high-efficiency Penzotti furnaces. A rubber roof installed around 2018 shows no signs of leakage. No known hazardous materials inside. There is a 5,000-gallon underground oil tank that has not met current code, so future conversion to above-grade storage will be needed. Seller requires the ability to lease back the building thru 2026 (think instant equity!), terms to be negotiated as part of the offer. Advance notice and proof of funds are required for showings. A clean, modern, and thoughtfully upgraded commercial property—ready to support a wide range of professional or medical uses.
Listing last checked: Listing updated:
Listed by Listing Agent · Kieffer Real Estate · MLS #1649121
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Details at a glance
Interior2 property facts
- Heating
- Oil, Baseboard, Hot Water
- Flooring
- Carpet, Laminate
Building4 property facts
- Style
- Office
- Year built
- 1936
- Foundation
- Poured Concrete
- Roof
- Rolled/Hot Mop
Land & utilities5 property facts
- Lot size
- 1.49 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- UK
Financial2 property facts
- Annual taxes
- $18,575
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $395,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,545 / monthAdjust
- Principal & interest
- $1,997
- Property tax
- $1,548
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $18,575. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 460 Main Street
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Request a tour of 460 Main Street and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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