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

Overview

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.

Listing Details MLS# 1619103

Location Information

Street #
1963
Street Name
Medway
Street Type
Road
County
Penobscot
Town
Medway
State/Province
ME
Zip Code
04460
Zip +4
3184
Leased Land
No
Book
5496
Page
278
Map
9
Lot
6
Zoning
Commercial
Zoning Overlay
Unknown
Full Tax Amount $
24834
Tax Year
2023
Association Y/N
No

Contract Information

Original List Price
2250000

Property Information

Primary Use
Multi Family
Surveyed
No
Deed/Conveyance Type Offered
Quit Claim w/Covenant
Deed
Partial
Deed Restrictions
Unknown
Year Built
1995
Leases
Partial
Total # Floors
3
SqFt Finished Total
20000
Lot Size Acres +/-
5.63

Water Info

Water Frontage
No
Water View
No
Island
No

Utilities

Utilities On
Yes

Location

Business District
Yes
Near Shopping
Yes

More Information

Property Uses

Commercial
Yes
Hotel/Motel
Yes

Construction

Other
Yes

Structure Type

Modular
Yes

Basement

Full
Yes
Walk-Out Access
Yes

Foundation Materials

Poured Concrete
Yes

Exterior

Vinyl Siding
Yes

Roof

Metal
Yes

Heat System

Baseboard
Yes
Hot Water
Yes
Zoned
Yes

Heat Fuel

Oil
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Floors

Carpet
Yes
Concrete
Yes
Vinyl
Yes
Wood
Yes

Accessibilitiy Amenities

Elevator/Chair Lift
Yes
Level Entry
Yes

Building Features

Cable
Yes
Elevator Passenger
Yes
Fire System
Yes
Overhead Doors
Yes
Sprinkler - Wet
Yes

Parking

21+ Spaces
Yes
Paved
Yes

Electric

Circuit Breakers
Yes
Three Phase
Yes

Gas

Bottled
Yes

Sewer

Private Sewer
Yes
Septic Tank
Yes

Water

Private
Yes
Well
Yes

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

IDX
Listing Office: True North Realty, Inc.
Last Updated: August - 11 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Search powered by FBS Products