1963 Medway Road, Medway, ME 04460
$2,250,000
Property Type:
Commercial
Square Footage:
20,000
Lot Size (sq. ft.):
245,243
Status:
Active
Current Price:
$2,250,000
List Date:
4/15/2025
Last Modified:
8/11/2025
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.
Supplements: ********
More Information MLS# 1619103
Location Information
Book: 5496
Leased Land: No
Page: 278
Map: 9
Lot: 6
Zoning Overlay: Unknown
Association Y/N: No
Street #: 1963
Street Name: Medway
Street Type: Road
County: Penobscot
Town: Medway
State/Province: ME
Zip Code: 04460
Zip +4: 3184
Zoning: Commercial
Full Tax Amount $: 24834
Tax Year: 2023
Property Information
Primary Use: Multi Family
Surveyed: No
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: Partial
Deed Restrictions: Unknown
Lot Size Acres +/-: 5.63
Leases: Partial
Total # Floors: 3
Year Built: 1995
SqFt Finished Total: 20000
Location
Business District: 1
Near Shopping: 1
Water Info
Water Frontage: No
Water View: No
Island: No
Property Uses
Commercial: 1
Hotel/Motel: 1
Construction
Other: 1
Structure Type
Modular: 1
Basement
Full: 1
Walk-Out Access: 1
Foundation Materials
Poured Concrete: 1
Exterior
Vinyl Siding: 1
Roof
Metal: 1
Heat System
Baseboard: 1
Hot Water: 1
Zoned: 1
Heat Fuel
Oil: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Floors
Carpet: 1
Concrete: 1
Vinyl: 1
Wood: 1
Accessibilitiy Amenities
Elevator/Chair Lift: 1
Level Entry: 1
Building Features
Cable: 1
Elevator Passenger: 1
Fire System: 1
Overhead Doors: 1
Sprinkler - Wet: 1
Parking
21+ Spaces: 1
Paved: 1
Electric
Circuit Breakers: 1
Three Phase: 1
Utilities
Utilities On: Yes
Gas
Bottled: 1
Sewer
Private Sewer: 1
Septic Tank: 1
Water
Private: 1
Well: 1
Contract Information
Status: Active
Original List Price: 2250000
List Price: $2,250,000
Current Price: $2,250,000
Property Features
Location: Business District; Near Shopping
Construction: Other
Structure Type: Modular
Property Uses: Commercial; Hotel/Motel
Basement: Full; Walk-Out Access
Foundation Materials: Poured Concrete
Exterior: Vinyl Siding
Roof: Metal
Heat System: Baseboard; Hot Water; Zoned
Heat Fuel: Oil
Cooling: Central Air; Wall/Window Unit(s)
Floors: Carpet; Concrete; Vinyl; Wood
Building Features: Cable; Elevator Passenger; Fire System; Overhead Doors; Sprinkler - Wet
Parking: 21+ Spaces; Paved
Electric: Circuit Breakers; Three Phase
Gas: Bottled
Sewer: Private Sewer; Septic Tank
Water: Private; Well
Documents
Property Disclosure ›
Listing Office:
True North Realty, Inc.
IDX
Last Updated: August - 11 - 2025
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