2149 Medway Road,Medway, ME 04460
Medway, ME 04460
Description
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. Price includes real estate, not the business. That will be sold seperately if a buyer is interested in continuing.
Details
| MLS# | 1609282 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2007 |
| Days On Site | 165 |
| Listing Provided By | EXP Realty | Jennifer Cammack |
Features
| SQ Feet | 5,800 |
|---|---|
| Units | 3 |
| Zoning | GM |
| Acreage | 0.55 |
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Learn More About This Property
| State | ME |
|---|---|
| County | Penobscot |
| City | Medway |
| Zip Code | 04460 |
| Listing VS Median (in 04460) | |
Price: $499,900 low | high Med: $150,000 SqFt: 5,800 low | high Med: 720 $ / SqFt: $86 low | high Med: $208 On site: 165 low | high Med: 72.000000 | |