636 MILL STREET, Madawaska
$749,000
Move in ready mixed-use investment in the core of Calabogie's busy four-season hub. Positioned for strong exposure and easy access, this property is well suited for investors seeking dependable income today with room to grow tomorrow. The asset includes a tenanted commercial space currently operating as the locally famous OH-EL-LA CAFE , delivering immediate cash flow. A separate retail/office area adds flexibility to secure an additional tenant or expand existing operations, creating further revenue potential which is currently leased to TOM IRWIN ADVENTURE TOURS. The property is also equipped with a covered work or storage area and a secured 40' x 20' caged area, ideal for tenants requiring secure outdoor space for equipment, materials, or vehicles. These features broaden the appeal to contractors, service businesses, and trades, supporting strong occupancy and tenant retention. Above the commercial component is a well-laid-out 3-bedroom, 1-bath residential unit with views over Calabogie. This space offers an additional income stream or the option for owner use, enhancing overall returns and providing operational flexibility. The mixed-use configuration helps diversify income sources and mitigate vacancy risk. Located within one of Eastern Ontario's most active recreational corridors, the property benefits from consistent year-round demand driven by nearby Calabogie Ski Resort, Calabogie Highlands Golf Course, Calabogie motorsports, hiking trails, and lakes. This steady traffic supports both commercial activity and residential rentals. With multiple income channels, adaptable space, and a location tied to ongoing tourism and local growth, this property represents a compelling investment opportunity with both immediate yield and long-term upside. Currently zoned Highway Commercial. Please allow 48 hours irrevocable on all offers (id:25961)
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Details
- Equipment: Propane Tank
- Farm: Other
- Rental Equipment: Propane Tank
- Transaction: For sale
- Zoning Description: HC
Building
- Cooling: Partially air conditioned
- Fireplace Present: False
- Utility Water: Drilled Well
Land
- Size Depth: 143 ft ,8 in
- Size Frontage: 120 ft ,3 in
- Size Irregular: Bldg=120.26 x 143.7 FT
This property for sale is located at 636 MILL STREET in Madawaska. It was last modified on April 24th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Madawaska properties for sale.
Listing provided by Century 21 Valley Realty Inc.
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