2149 Medway Road
$499,900
—
5,800
5,800
$86
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.
- Listed by Jennifer Cammack • EXP Realty
Property Details for 2149 Medway Road
Waterfront
No
ZoningGM
LISTING UPDATED: 11/13/2024 11:46 AM
Property Details for 2149 Medway Road
Status | Active |
---|---|
MLS # | 1609282 |
Days on Market | 34 |
Taxes | $5,247 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial / Mixed Use |
Year Built | 2007 |
Lot Size | 0.55 AC / 23,958 SF |
County | Penobscot County |
Building Information for 2149 Medway Road
Stories-Residences3Year Built2007Lot Size0.55 AC / 23,958 SF
Property Information for 2149 Medway Road
Property History for 2149 Medway Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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