2149 Medway RdMedway, ME 04460

Property Details for 2149 Medway Rd

Lot size

0.55 AC

Property type

Turn key restaurants

APN

MEDY M:012 L:076&077

APU

MEDYM012L076077

Description

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.

Location Insight

City

Medway

County

Penobscot

State

Maine

Latitude

45.6131

Longitude

-68.5447

CBSA code

12620

CBSA name

BANGOR, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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