Medway ME Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
5,800
Status:
Active
MLS#:
1586970
Type:
General Commercial
Lot size:
0.55 Acres
Year built:
2007
A broker reciprocity listing Courtesy: EXP Realty 888-439-8743
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
14,400
Status:
Active
MLS#:
1579621
Type:
Investment
Lot size:
2.97 Acres
Year built:
1990
A broker reciprocity listing Courtesy: ERA Dawson-Bradford Co. 207-947-6788
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
1572547
Type:
Investment
Lot size:
5.2 Acres
A broker reciprocity listing Courtesy: ERA Dawson-Bradford Co. 207-947-6788
View additional info

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License DB922721, Xome Inc., License AC90602770, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved.



Medway Real Estate

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.

Medway Weather

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.

Medway Map

Medway Real Estate Market Conditions

  • Median sales price

    $145,950
    7.17%
    change since last quarter
  • # Active listings

    9
    30-day change

Medway Schools and Demographics

Education near Medway, ME

City County
High School Graduates 88.94 91.38
College Degree - 2 year 7.85 10.57
College Degree - 4 year 7.02 26.23
Graduate Degree 1.31 6.48
Expenditures per Student 26,491 13,932
Students per Teacher 12.4 11.8

Elementary Schools near Medway, ME

Grades Students P/T Ratio ZIP
Ella P Burr School PK - 04 411 12.2 04457
Katahdin Elementary School PK - 06 193 11.6 04777
Kingman Elementary School PK - 05 15 6.7 04451
Opal Myrick Elementary School PK - 04 142 14.3 04430

Middle Schools near Medway, ME

Grades Students P/T Ratio ZIP
Mattanawcook Jr High School 05 - 08 297 12.1 04457
Medway Middle School 05 - 08 109 8.5 04460

High Schools near Medway, ME

Grades Students P/T Ratio ZIP
Katahdin Middle/High School 07 - 12 167 11.5 04777
Mattanawcook Academy 09 - 12 347 11.3 04457
Schenck High School 09 - 12 126 10.4 04430

Ungraded Schools near Medway, ME

Grades Students P/T Ratio ZIP
No Penobscot Tech-Region 3 UG - UG 0 0 04457

Demographics near Medway, ME

City County
Neighborhood Type Rural
Population 1,099 152,284
Population Density 27 45
Median Age 47.7 41.8
People per Household 2.4 2.4
Median Household Income 39,773 47,886
Average Income per Capita 21,591 26,347

Real estate near Medway