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Paul Rondeau

paul.rondeau@exprealty.com +1(207) 229-7613

Listed by James Plourde North Woods Real Estate, LLC

$590,000

Est. payment - /mo

4,008 SqFt

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,008 sqft

Price per Sqft $147

MLS Listing ID 1683916

HOA Y/N No

Year Built 1970

Tax Year 2023

Lot Size 1.400 Acres

Acres 1.4

Property Sub-Type Mixed Use

Source Maine Listings

Land Area 4008

Property Description

Excellent commercial opportunity in a highly visible location just off Interstate 95 on a main route through Medway, Maine, and a gateway to Baxter State Park and the North Maine Woods. This 1.4-acre property has a proven history as a successful restaurant, with a spacious first-floor commercial area that could continue as a restaurant or be adapted for a variety of other business uses. The second floor features two separate one-bedroom apartments, providing additional rental income or potential owner/employee housing. The property offers multiple parking spaces and convenient access for customers, making it well suited for a variety of commercial ventures. Recreational opportunities add another appealing aspect to the location, with direct snowmobile and ATV access and a recreational area directly across the street featuring a boat launch onto the Penobscot River. With its proximity to I-95, strong recreational traffic, established commercial use, residential rental potential, and flexible layout, this property offers an excellent opportunity for an owner-user, investor, or entrepreneur looking to establish or expand a business in the region.

Location

State ME

County Penobscot

Zoning Commercial

Direction Exit Interstate 95 in Medway and follow route 157 towards Medway/Millinocket. The property is approximately 2 miles on your left.

Rooms

Basement Full

Interior

Heating Electric, Baseboard, Heat Pump, Other

Cooling Other

Flooring Tile, Wood

Exterior

Parking Features 21+ Spaces

Roof Type Metal

Accessibility Accessible Approach with Ramp

Building

Lot Description Business District

Foundation Poured Concrete

Water Private, Well

Others

Tax ID MEDY-000016-000000-000023

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NEARBY SCHOOL & BUSINESS

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Paul Rondeau

+1(207) 229-7613

Broker Associate License ID: BA923327

2074 Medway RD Medway, ME 04460

Paul Rondeau

Key Details

Location

Rooms

Interior

Exterior

Building

Others