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2121 Medway Road, Medway, ME 04460

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For Sale

$275,000

956 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $287.66
    Price per square foot

Explore this Property

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!
MLS# 1602768

Courtesy Of Burnell & Bragdon Real Estate Team
70A West Broadway, Lincoln, ME 04457
(207) 794-2700

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Cooling System
    Heat Pumps
  • Exterior Type
    Block, Vinyl Siding, Wood Siding
  • Floor Covering
    Carpet, Concrete, Laminate
  • Heating System
    Baseboard, Forced Air, Heat Pump
  • Lot Size
    3 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 2121 Medway Road, Medway, ME 04460

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Monthly Payment Breakdown

  • Principle and Interest
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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