For Sale
$499,900

2149 Medway Rd Medway, ME 04460

Prime Medway location, high income potential.

Overview

Added:
Feb 3
Days on market:
80
This exceptional 5,800 square foot mixed-use property in Medway, ME, presents a lucrative investment opportunity. Situated on a 0.55-acre lot at 2149 Medway Road, this building has undergone substantial renovations and currently operates as a thriving restaurant, bar, and billiards establishment. The recent renovations also included the conversion of a portion of the building into two efficient rental units, generating a consistent monthly income of $2,000. The property's versatile layout offers significant flexibility for a new owner. Originally designed as two separate restaurants, the space can easily be reconfigured to accommodate this use, or adapted to host events, banquets, or house multiple distinct businesses. The existing successful operation benefits from its established reputation within the Medway community, having been well-received by locals and tourists alike. Its prime location makes it an ideal year-round destination for those enjoying nearby recreational activities such as visits to Mt. Katahdin, Baxter State Park, white water rafting, four-wheeling, and snowmobiling. The property is offered turnkey, with the current owner providing training to ensure a smooth transition for the new owner. Priced at $499,900, this property offers a compelling combination of established income, versatile space, and a strong location in a vibrant community.

Property Details for 2149 Medway Rd

Property type
Mixed-use properties
Square Feet
5,800 SF
Year Built
2007
Lot Size (sq. ft)
23,958 SF

Location Insight

City
Medway
County
Penobscot
State
Maine
Latitude
45.6133
Longitude
-68.54678

FAQs

What type of property is this?
Mixed-use property - Prime Medway location, high income potential.
Where is the mixed-use property located?
The property is located at 2149 Medway Rd Medway, ME.
What is the asking price?
The asking price for this property is $499,900.
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2149 Medway Rd
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