Exceptional Business Opportunity in Medway, Maine
Don't miss the chance to own a prime piece of commercial real estate in Medway, strategically located at the bustling intersection of Route 157 and Rt. 11. This versatile property has a rich history of hosting various businesses and is now available for your unique vision.
Situated just half a mile from Exit 244, this property benefits from high visibility and easy access for both locals and travelers. With Bangor only 45 minutes away and the Canadian border just an hour north, the location is ideal for attracting traffic from various demographics.
The property is equipped with essential utilities, including power at the pole and a drilled well, providing a solid foundation for your business operations. Additionally, a gravel pad is already in place ready for development and septic designs are available for a large or a small system. A previous portable business currently occupies the site but will be removed, allowing you to create your own space without the need for extensive groundwork.
Medway is renowned as ''The Gateway to Baxter State Park'' making this location a prime spot for businesses catering to outdoor enthusiasts. With recreational trails running adjacent to the property and close by, your business can tap into the thriving tourism market that seeks adventure and natural beauty.
Whether you envision a retail store, restaurant, outdoor adventure shop, or service oriented business, this property offers the flexibility to cater to a wide range of industries. The surrounding area is ripe for growth, offering a supportive community excited for new businesses. This is more than just a piece of land it's an opportunity to create a lasting business within a region known for its beauty and outdoor activities. Seize the opportunity to make the property your perfect location for your next venture.
Active
$139,900
5 Grindstone Road, Medway, ME 04460
--beds
--baths
1.46Acres
Land
Built in ----
1.46 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day |
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Zillow last checked: 8 hours ago
Listing updated: January 05, 2026 at 10:52am
Listed by:
United Country Lifestyle Properties of Maine 207-794-6164
Source: Maine Listings,MLS#: 1647694
Facts & features
Property
Features
- Has view: Yes
- View description: Scenic
Lot
- Size: 1.46 Acres
Details
- Zoning: Commercial
Utilities & green energy
- Electric: On Site
- Sewer: None, Septic Design Available
- Water: Private, Well
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Medway
Financial & listing details
- Annual tax amount: $1,006
- Date on market: 1/5/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,102/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/5/2026 | Listed for sale | $139,900+154.4% |
Source: | ||
| 5/24/2023 | Sold | $55,000 |
Source: | ||
| 5/24/2023 | Pending sale | $55,000 |
Source: | ||
| 4/20/2023 | Contingent | $55,000 |
Source: | ||
| 4/18/2023 | Listed for sale | $55,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment*
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Neighborhood: 04460
Nearby schools
GreatSchools rating
- 2/10Medway Middle SchoolGrades: 5-8Distance: 1.1 mi
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