This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/48
$650,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/48
Property Description
Unique commercial offering in the heart of downtown Madison. Two adjacent, historic buildings-ideal for events, professional offices, live/work, or creative commercial use. High-visibility location with approx. 10,000+ vehicles/day. 98 Main - The Chapel: Circa 1892 brick church (approx. 3,791±SF per town records) with working bell tower, original stained-glass, vaulted ceilings, and woodwork. Currently used as an event space. Main sanctuary seats approx. 160; lower level adds flexible space. Infrastructure includes steam boiler and fire alarm. Recent updates: brick repointing, window restoration. Some repairs needed-see disclosures. 96 Main - The Cottage: Former parsonage now offers flexible commercial use. Approx. 5-6 BRs, 2 full BAs, updated kitchen/baths, pocket doors, red oak floors, full basement, and accessible ramp. Features include 4-season porch (prior rental use), sprinkler system, and 3rd-fl bonus room. Ideal for office, retreat space, on-site housing, or lodging. Search ''Karningul Cottage'' for more details! Additional Info: Both buildings sold together, 96 & 98 Main. Two structures on one lot, one deed. Sale includes most furnishings; some personal/art/antique items excluded. Current business not included but may be negotiable. Commercial zoning. Ample off-street parking. Short distance to shops, town office, and more. Near Skowhegan, Augusta, Waterville, and Farmington.
Full Property Details
Full Property Details for 98 Main St
General
- Price: $650,000
- Taxes: $1,621 (2024)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1628619
- Updated: 10/11/2025
- Added to Site: 273 day(s) ago
Business
- Business Type: Bed & Breakfast, Bar/Tavern/Lounge, Church, Commercia
Interior
- Interior Features: Storage
- Flooring: Wood, Tile, Laminate, Carpet
Additional Information
- Equipment: Internet Access Available
Parking
- Parking Features: 21 or More Spaces, On-Site Parking, Other, Paved, Off Street, On Street
Location
- County: Somerset
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Zoned, Steam, Radiator, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Brick, Masonry, Wood Frame
- Roof: Metal, Shingle
- Building Size: 3791
- Square Feet: 3,791
- Living Area: 3,791 Sq. Ft.
- Year Built: 1892
- Other Struct. Feat.: Fire System, Sprinkler - Wet
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,503.6
- Zoning: Commercial
- Lot Description: Downtown, Business District, Near Shopping
Financial Considerations
- Tax Amount: $1,621
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 149
Listed by EXP Realty (888) 439-8743
Get Pre-Approved Today
Schools
Schools serving 98 Main St
School District:School Administrative District 59
| Name | Grades | Distance |
|---|---|---|
Madison Area Memorial High School 486 Main Street, Madison, ME 04950 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 98 Main St
Date
Details
Price
Change
Source
10/11/2025
Price Reduced
$650,000
-5.8%
MLS
6/29/2025
Listed
$690,000
—
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 98 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,621
12%
$100,700
16%
2023
$1,451
-10%
$86,900
—
2022
$1,608
—
$86,500
5%
2021
$1,602
-5%
$82,500
4%
2020
$1,694
—
$79,700
—
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 98 Main St
98 Main Street, Madison, ME 04950 (MLS# 1628619) is a Commercial property. 98 Main Street is currently listed for $650,000 and was received on June 29, 2025. Want to learn more about 98 Main 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.

