Courtesy: EXP Realty
888-439-8743
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.
Courtesy: Acres Away, Inc.
207-794-2700
390 feet of desirable in town road frontage located on a busy main road with a very high traffic count for the area. This 3 acre parcel is one of the larger lots in town and is a prime location with every recreational enthusiast passing by in order to get to East Millinocket, Millinocket, Mount Katahdin and the National Monument. The traffic count, location and road frontage make this property a perfect location to start over with a business of your choice or have your business near the road and expand the rentals in the back. Much of the lot has not been cleared and would allow plenty of space for expansion. This property originally was the site of a restaurant and local post office. Currently, the property has a beautiful ranch style home that is owner occupied with two bedrooms, 1 1/2 bathrooms, a sun porch, heat pump and biasi boiler. The old restaurant was situated in the center of the lot and was converted to a workshop storage area. It still has the concrete slab where the restaurant once was located. The old post office was converted to a single-family rental unit. Another single family rental unit is in the back of the property as well. The front of the lot is open along the entire road frontage and woods in the back for privacy or expansion. Great visibility for any business coming to the area. The possibilities are endless! ATV and snowmobile access!
Courtesy: RE/MAX Collaborative
207-403-9125
Rare opportunity to own a well run hotel at the gateway to the greatest Maine has to offer in outdoor activities. This hotel, built in 1995, has 38 rooms varying from a single up to a two bedroom and also offers efficiency apartments for longer stays. The conference room has been used for business meeting, reunions and even a local wedding. There is also a well ventilated 60'x80' building attached that could be used for ATV or Snowmobile storage. This property is connected directly to the ITS. More than 60,000 people visit Baxter State park every year, making this a prime place to stay wither before or after hiking. The current owners have had hundreds of hikers who have used Baxter State Park to start or finish the Appalachian Trail. With plenty of lakes ad rivers in the area, this hotel offers the ability to stay close to the best outdoor recreation areas Maine has to offer.
Medway is located in Maine. Medway, Maine has a population of 1,204. Medway is more family-centric than the surrounding county with 28.66% of the households containing married families with children. The county average for households married with children is 26.71%.
The median household income in Medway, Maine is $34,728. The median household income for the surrounding county is $55,125 compared to the national median of $69,021. The median age of people living in Medway is 51.7 years.
The average high temperature in July is 78.2 degrees, with an average low temperature in January of 3.8 degrees. The average rainfall is approximately 43.8 inches per year, with 90.9 inches of snow per year.
