This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/34
$269,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/34
Property Description
Endless potential in the heart of Madison! This unique 2,880 square foot property offers a massive garage space with a one bedroom one bathroom apartment attached. This space is perfect for those who dream of living where they work or need space to create, store, or build. This apartment could easily be turned into an office if you chose to use it strictly as a commercial space. The garage includes a dedicated woodworking room and conveys with a vehicle lift, making it an ideal set up for automotive work, light industrial use, or warehouse operations. Zoned for both residential and commercial use, this versatile property is just minutes from schools, banks, grocery stores, family friendly playgrounds, and all in-town amenities. Whether you're an entrepreneur, hobbyist, or someone simply looking for an oversized garage with living quarters, this well-maintained space has just what you need.
Full Property Details
Full Property Details for 106 Nichols St
General
- Price: $269,000
- Taxes: $3,054 (2024)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1628007
- Updated: 6/25/2025
- Added to Site: 207 day(s) ago
Business
- Business Type: Special Purpose, Warehouse, Industrial, Auto Service
Interior
- Interior Features: Storage
- Flooring: Carpet
Parking
- Parking Features: 5 - 10 Spaces, Paved
Location
- County: Somerset
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiant
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Wood Frame
- Roof: Metal, Shingle
- Stories/Levels: 0
- Building Size: 2880
- Square Feet: 2,880
- Living Area: 2,880 Sq. Ft.
- Year Built: 1999
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,681.6
- Zoning: Residential/in town
- Lot Description: Downtown, Near Shopping
Financial Considerations
- Tax Amount: $3,054
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 100-1
Listed by Meservier & Associates (207) 784-2525
Get Pre-Approved Today
Schools
Schools serving 106 Nichols St
School District:School Administrative District 59
| Name | Grades | Distance |
|---|---|---|
Madison Area Memorial High School 486 Main Street, Madison, ME 04950 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 106 Nichols St
Date
Details
Price
Change
Source
6/25/2025
Listed
$269,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 106 Nichols St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,054
11%
$189,700
16%
2023
$2,742
-3%
$164,200
7%
2022
$2,841
105%
$152,800
114%
2021
$1,389
-5%
$71,500
3%
2020
$1,468
1%
$69,100
1%
2019
$1,454
-1%
$68,400
—
2018
$1,471
—
$68,400
—
2017
$1,471
2%
$68,400
—
2016
$1,436
8%
$68,400
—
2015
$1,334
—
$68,400
—
2014
$1,334
11%
$68,400
—
2013
$1,199
—
$68,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 106 Nichols St
106 Nichols Street, Madison, ME 04950 (MLS# 1628007) is a Commercial property. 106 Nichols Street is currently listed for $269,000 and was received on June 25, 2025. Want to learn more about 106 Nichols Street? Do you have questions about finding other Commercial real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

