14 Madison Ave, Skowhegan, ME 04976

Property Description

Prime Downtown Skowhegan Commercial Investment Opportunity! Positioned in the heart of Skowhegan's burgeoning downtown, this newly restored commercial property presents an exceptional opportunity for investors or business owners looking to establish themselves in a revitalizing community. With the exciting development of the new waterfront boardwalk and Run of River project, downtown Skowhegan is poised for continued growth, making this a particularly attractive location for long-term investment or your own business venture. The property features a beautiful new glass storefront, restored historic tin ceilings, completely renovated kitchen and bathroom, updated air conditioning, and all-new flooring and walls. A functionally modern one-bedroom apartment on the second floor provides an excellent opportunity for additional rental income and allows you to start generating revenue from day one. Even better, the entire building is currently rented, producing $30,000 in annual rental income. With excellent visability and exposure on US Route 201 and a highly desireable downtown location, the Maine DOT reports approximately 12,700 vehicles passing daily. Whether you're looking to expand your investment portfolio or secure a distinctive location for your own business, this is a rare opportunity to own a beautifully restored commercial property in the heart of Skowhegan's exciting downtown revitalization. Also listed as MLS 1686618 as Residential Listing.