Commercial for Sale: 2149 Medway Road, Medway, ME 04460

$575,000
$575,000
2149 Medway Road, Medway, ME 04460
$575,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Price:
$575,000

Type Commercial
Square Feet 5,800 sqft
Lot Size 0.55 acres
Year Built 2007
Taxes Paid $5,246

City Medway
County Penobscot

MLS 1586970
Status Active
DOM 32 days
Looking for an amazing opportunity? This property has had substantial renovation and was reopened by the owner to operate as a restaurant, bar, and billiards hot spot in town. The renovation included converting part of the building into 2 efficiency units that generate 2K in income per month. The original owner set the building up to operate as 2 attached restaurants, but didn't get to that point. It could easily be converted back to that, or has the space for flexibility if a new owner wanted to host events or banquets or have two separate businesses there. The town of Medway embraced the opening of 83 North to enjoy great food, and entertainment . It is the perfect year round spot to serve recreational enthusiasts adventuring to Mt. Katahdin, Baxter State Park, white water rafting, 4 wheeling, and snowmobiling. This property is generating substantial income, is turn key and the owner is willing to train the new owner.

Lot & Building Features

Cooling Heat Pump
Tax Year 2023
Taxes Paid $5,246

Price History of 2149 Medway Road, Medway, ME

Date Name Price Difference
06/02/2024 Listing Price $575,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 2149 Medway Road, Medway, ME

Location Map Street View
Photo of Kevin Erikson
Direct: 603-321-9569
Office
14 York Street
York, ME 03909
207-363-4000
Listed by EXP Realty, Jennifer Cammack 888-439-8743
$
20%
0.91234782608696%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

2149 Medway Road (MLS #1586970) is a commercial listing located in Medway, ME. This commercial listing is 5,800 sqft and on a lot of 23,958 sqft (or 0.55 acres) and is 17 years old. This property was listed on 04/21/2024 and has been priced for sale at $575,000.

Nearby zip codes are 04430 and 04462. This property neighbors other cities such as East Millinocket, Grindstone Twp and Millinocket.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: EXP Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.