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.
Multiple Storage sheds for sale, all on one lot near the East Branch of the Penobscot River. Three total buildings and 25 individual sheds. One building has a business tenant with seven bays and is 42x50. Another 42x50 building with 12 storage units, and another 42x100 building with 22 storage units. In addition, there are 25 individual stand alone sheds that are 20x12. These storage sheds are currently rented and are in a highly visible traffic area. The buildings sits on 2.97 acres and is accessible for any of its tenants at any time. There are many possibilities with this site pending town approval such as adding more storage units, or using the highly visible lot for a new business that already has rental income. 85 storage sheds and this business is turn-key.
Located on the West Branch of the Penobscot River, there is a mobile home park with 5.2 acres and water frontage. This property is currently zoned commercial and State of Maine approved for a Mobile home park with up to four sites. Move your own mobile home onto this lot and be an on- site owner collecting the lot rents, expand the sites or ask the town for a Zoning change to build that Dream home you have always wanted. The property does not own any of the mobile homes and the current owner is using the steel trailer for storage. All leases are month to month. Located in a neighborhood, near many Town amenities such as a store, restaurant and post office. Medway offers many recreational activities such as fishing, boating, snowmobiling and a public beach area.
Medway is located in Maine. Medway, Maine has a population of 1,099. Medway is less family-centric than the surrounding county with 19.94% of the households containing married families with children. The county average for households married with children is 25.3%.
The median household income in Medway, Maine is $39,773. The median household income for the surrounding county is $47,886 compared to the national median of $57,652. The median age of people living in Medway is 47.7 years.
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 4.3 degrees. The average rainfall is approximately 45 inches per year, with 84.1 inches of snow per year.