$99.14 Per Sq Foot $3,087 est/mo Sourced by Back At You

2149 Medway Road,Medway, ME 04460

Medway ME, 04460

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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.

Details

MLS#1586970
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2007
Days On Site37
Listing Provided ByEXP Realty | Jennifer Cammack

Features

SQ Feet5,800
Units3
ZoningGM
Acreage0.55
    
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.

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Learn More About This Property

StateME
CountyPenobscot
CityMedway
Zip Code04460
Listing VS Median (in 04460)
Price:
$575,000
low | high
Med:
$82,450
100% of Average
SqFt:
5,800
low | high
Med:
798
100% of Average
$ / SqFt:
$99
low | high
Med:
$105
43.638010540184% of Average
On Site:
37
low | high
Med:
158.500000
23.343848580442% of Average
Sourced by Back At You
Listing Updated: May 20, 2024 at 11:56:19 PM PDT
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