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2149 Medway Road, Medway, ME 04460
$575,000
2149 Medway Road, Medway, ME 04460View this property at 2149 Medway Road, Medway, ME 04460
2149 Medway RoadMedwayME04460
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Property 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, currently occupied by the family who run the business, but generate additional income when rented. 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, entertainment . This property is generating substantial income, is turn key and the owner is willing to train the new owner.
Full Property Details
Full Property Details for 2149 Medway Rd
General
- Price: $575,000
- Taxes: $5,246 (2023)
- Status: Active
- Type: Commercial
- MLS ID: 1586970
- Updated: 4/21/2024
- Added to Site: 12 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Commercial, Retail, Restaurant
Interior
- Interior Features: Storage
- Flooring: Tile, Concrete
Additional Information
- Equipment: Internet Access Available
Parking
- Parking Features: Gravel, 21 or More Spaces, On-Site Parking, Off Street
Location
- County: Penobscot
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Stove, Multi-Zone, Hot Water, Heat Pump, Baseboard
Utilities
- Sewer: Private Sewer, Septic System Exists
- Water: Private, Well
- Well: Yes
Structural Information
- Construction: Vinyl Siding, Wood Frame
- Roof: Pitched, Shingle
- Building Size: 5800
- Square Feet: 5,800
- Living Area: 5,800 Sq. Ft.
- Year Built: 2007
Lot Features
- Lot Size (Acres): 0.55
- Lot Size (Sq. Ft.): 23,958
- Zoning: GM
- Lot Description: Near Turnpike/Interstate
Financial Considerations
- Tax Amount: $5,246
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.4%
- Documents Avail.: Property Disclosure Public Access, Deed Public Access
- Lot Number: 76
Listed by EXP Realty (888) 439-8743
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Schools
Schools serving 2149 Medway Rd
School District:Medway School Department
Rating | Name | Grades | Distance |
---|---|---|---|
25 Middle School Dr, Medway, ME 04460 | 5-8 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2149 Medway Rd
Date
Details
Price
Change
Source
4/21/2024
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2149 Medway Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$3,813
—
$160,200
—
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 2149 Medway Rd
2149 Medway Road, Medway, ME 04460 (MLS# 1586970) is a Commercial property. 2149 Medway Road is currently listed for $575,000 and was received on April 21, 2024. Want to learn more about 2149 Medway Road? Do you have questions about finding other Commercial real estate for sale in Medway? You can browse all Medway real estate or contact a Coldwell Banker agent to request more information.