2149 Medway Road, Medway, ME 04460

$489,900
Property Type: Commercial Square Footage: 5,800 Lot Size (sq. ft.): 23,958 Status: Active
Current Price: $489,900 List Date: 11/28/2025 Last Modified: 12/01/2025

Description

Prime commercial opportunity in a high-traffic destination corridor! This newly renovated property is home to a very successful and well-established restaurant and bar, featuring modern equipment, updated interiors, and a vibrant atmosphere. The business is consistently busy, supported by five pool tables and nightly pool leagues that draw loyal patrons year-round. The current owner is willing to stay on temporarily to assist with training and transition, offering a smooth handoff to new ownership. In addition to the thriving restaurant and bar, the property includes two new 1-bedroom efficiency apartments, ideal for supplemental rental income or on-site staff housing. Mechanical systems have been upgraded with two newer boilers and three new heat pumps, ensuring efficient and reliable heating and cooling throughout.

Supplements: ********

More Information MLS# 1644459

Location Information

Book: 16888 Leased Land: No Page: 217 Map: 12 Lot: 76 Tree Growth Y/N: No Association Y/N: No Street #: 2149 Street Name: Medway Street Type: Road County: Penobscot Town: Medway State/Province: ME Zip Code: 04460 Zip +4: 3100 Zoning: Commercial Full Tax Amount $: 5247 Tax Year: 2023 Geo Lat: 45.613339 Geo Lon: -68.546599

Property Information

Primary Use: Mixed Use Surveyed: Yes Deed/Conveyance Type Offered: Quit Claim w/Covenant Deed: All Lot Size Acres +/-: 0.55 Year Built: 2007 SqFt Finished Total: 5800

Location

Near Shopping: 1 Near Turnpike/Interstate: 1

Commercial Bldg Information

Total Units: 3

Water Info

Water Frontage: No

Property Uses

Bar/Tavern/Lounge: 1 Commercial: 1 Restaurant: 1 Retail: 1

Construction

Wood Frame: 1

Basement

Slab: 1

Foundation Materials

Slab: 1

Exterior

Vinyl Siding: 1

Roof

Pitched: 1 Shingle: 1

Heat System

Baseboard: 1 Heat Pump: 1 Hot Water: 1 Pellet Stove: 1 Zoned: 1

Heat Fuel

Electric: 1 Oil: 1 Pellets: 1

Cooling

Heat Pump: 1

Floors

Concrete: 1 Tile: 1

Accessibilitiy Amenities

Level Entry: 1

Building Features

Internet Access Available: 1 Storage: 1

Parking

21+ Spaces: 1 Gravel: 1 Off Street: 1 On Site: 1

Electric

Circuit Breakers: 1

Gas

Bottled: 1

Sewer

Private Sewer: 1 Septic Tank: 1

Water

Private: 1 Well: 1

Contract Information

Status: Active Original List Price: 489900 List Price: $489,900 Current Price: $489,900

Property Features

Location: Near Shopping; Near Turnpike/Interstate Construction: Wood Frame Property Uses: Bar/Tavern/Lounge; Commercial; Restaurant; Retail Basement: Slab Foundation Materials: Slab Exterior: Vinyl Siding Roof: Pitched; Shingle Heat System: Baseboard; Heat Pump; Hot Water; Pellet Stove; Zoned Heat Fuel: Oil; Pellets Cooling: Heat Pump Floors: Concrete; Tile Building Features: Internet Access Available; Storage Parking: 21+ Spaces; Gravel; Off Street; On Site Electric: Circuit Breakers Gas: Bottled Sewer: Private Sewer; Septic Tank Water: Private; Well
Listing Office: North Woods Real Estate, LLC
IDX
Last Updated: December - 01 - 2025
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