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  • $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

    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.
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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#: 1647694MLS Logo

    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
    DateEventPrice
    1/5/2026Listed for sale$139,900+154.4%
    Source: Maine Listings #1647694 Report a problem
    5/24/2023Sold$55,000
    Source: Maine Listings #1556477 Report a problem
    5/24/2023Pending sale$55,000
    Source: Maine Listings #1556477 Report a problem
    4/20/2023Contingent$55,000
    Source: Maine Listings #1556477 Report a problem
    4/18/2023Listed for sale$55,000
    Source: Maine Listings #1556477 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Estimated monthly payment*
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 04460

    Nearby schools

    GreatSchools rating
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