Date
Details
Price
Change
Source
4/15/2025
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/82
$2,250,000
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Property Description
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.
Full Property Details
Full Property Details for 1963 Medway Rd
General
- Price: $2,250,000
- Taxes: $24,834 (2023)
- Status: Active
- Type: Commercial Multi-Family
- Source: MREIS
- MLS ID: 1619103
- Updated: 6/25/2025
- Added to Site: 311 day(s) ago
Business
- Business Type: Commercial, Hotel/Motel
Interior
- Flooring: Wood, Vinyl, Concrete, Carpet
Additional Information
- Equipment: Cable
Parking
- Parking Features: 21 or More Spaces, Paved
Location
- County: Penobscot
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s), Central Air Conditioning
- Heating Type: Zoned, Hot Water, Baseboard
Utilities
- Sewer: Septic Tank, Private Sewer
- Water: Well, Private
- Well: Yes
Structural Information
- Structure Type: Modular
- Construction: Vinyl Siding, Other
- Roof: Metal
- Stories/Levels: 3
- Building Size: 20000
- Square Feet: 20,000
- Living Area: 20,000 Sq. Ft.
- Year Built: 1995
- Other Struct. Feat.: Fire System, Elevator Passenger, Overhead Doors, Sprinkler - Wet
Lot Features
- Lot Size (Acres): 5.63
- Lot Size (Sq. Ft.): 245,242.8
- Zoning: Commercial
- Lot Description: Business District, Near Shopping
Financial Considerations
- Tax Amount: $24,834
- Tax Year: 2023
Disclosures and Reports
- Lot Number: 6
Listed by True North Realty, Inc. (207) 403-9125
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Listing agent
— 1963 Medway Rd —
True North Realty, Inc.
207-403-9125
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1963 Medway Rd
School District:Medway
| Name | Grades | Distance |
|---|---|---|
Medway Middle School, Medway, ME 25 Middle School Drive, Medway, ME 04460 | 5-8 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1963 Medway Rd
Tax History
Tax History for 1963 Medway Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$24,834
2%
$1,026,200
—
2022
$24,421
—
$1,026,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1963 Medway Rd
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,492Sq. Ft.
Listed by North Woods Real Estate, LLC
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- Active
- Updated 7 hours ago
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- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
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Listed by NextHome Experience
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,092Sq. Ft.
Listed by Big Bear Real Estate Company
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
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Listed by North Woods Real Estate, LLC
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
- 1,040Sq. Ft.
Listed by North Woods Real Estate, LLC
1963 Medway Road, Medway, ME 04460 (MLS# 1619103) is a Commercial Multi-Family property. 1963 Medway Road is currently listed for $2,250,000 and was received on April 15, 2025. Want to learn more about 1963 Medway Road? Do you have questions about finding other Commercial Multi-Family real estate for sale in Medway? You can browse all Medway real estate or contact a Coldwell Banker agent to request more information.