2149 Medway Road

Medway, ME 04460

$499,900
Price
Beds
5,800 Sq. Ft.
$86 / Sq. Ft.
5,800
Sq. Ft.
$86
per Sq. Ft.

Description

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...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.
  1. Listed by Jennifer Cammack • EXP Realty

Property Details for 2149 Medway Road

Waterfront
No
Zoning
GM
LISTING UPDATED: 11/13/2024 11:46 AM

Property Details for 2149 Medway Road

StatusActive
MLS #1609282
Days on Market34
Taxes$5,247 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built2007
Lot Size0.55 AC / 23,958 SF
CountyPenobscot County

Building Information for 2149 Medway Road

Stories-Residences3Year Built2007Lot Size0.55 AC / 23,958 SF

Property Information for 2149 Medway Road

Summary
Location and General Information
  • Zip Code: 3100
  • Town: Medway
  • State/Province: ME
  • Zip Code: 04460
  • County: Penobscot
  • Geo Latitude: 45.613334
  • Geo Longitude: -68.54658
  • Tax Lot: 76
  • Location:Near Turnpike/Interstate: Yes
Parking
  • Parking Features: Gravel, 21+ Spaces, On Site, Off Street
Taxes and HOA Information
  • Tax Book Number: 16663
  • Tax Map Number: 12
  • Tax Year: 2023
  • Parcel Number: MEDY-000012-000000-000076-000077
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $5,247.00
Property
Lot Information
  • Lot Size Acres: 0.55
  • Building Area Total: 5800.0
  • Lot Size Area: 0.55
  • Lot Size Units: Acres
  • Lot Size Square Feet: 23958.0
  • Street Number: 2149
  • Property Information:Surveyed: Unknown
  • Property Information:Deed/Conveyance Type Offered: Warranty
Property and Assessments
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 2007
Utilities
  • Electric: True
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well
  • Other Equipment: Internet Access Available
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Roof: Pitched, Shingle
Interior Features
  • Flooring: Tile, Concrete
  • Interior Features: Storage
  • Cooling: Heat Pump
  • Heating: Stove, Multi-Zones, Hot Water, Heat Pump, Baseboard
  • Foundation Details: Slab
  • Accessibility Features: Level Entry
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Number of Units: 3

Property History for 2149 Medway Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2149 Medway Road

Taxable ValueLand$21,900Additions$194,900Total$216,800
Tax Record2023$5,247 ($437 / month)
Home Facts
Lot Size23,958 SqFtStyleRestaurantCountyPENOBSCOTAPNMEDY M:012 L:076&077

Schools near 2149 Medway Road

This home is within Medway Public Schools.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Rating
School
Distance
Medway Middle School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2149 Medway Road is a mixed use property for sale in Medway, ME 04460. This property was listed for sale on November 8, 2024 by EXP Realty, it's currently listed at $499,900. This listing's school district is Medway Public Schools. Nearby schools include Medway Middle School. 2149 Medway Road is a 0-bed, 0-bath, 5,800 sqft mixed use property built in 2007.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.