Looking for an amazing real estate investment? The business is not included. This property has had substantial renovation and was reopened by the owner to operate as a restaurant, bar, and billiards hot spot in town. The renovation included converting part of the building into 2 efficiency units for owner use or rental. The building has the flexibility and space to host events or banquets or have two separate businesses there. The town of Medway embraced the opening of 83 North to enjoy great food, and entertainment . It is the perfect year round spot to serve recreational enthusiasts adventuring to Mt. Katahdin, Baxter State Park, white water rafting, 4 wheeling, and snowmobiling. This property is generating substantial income, is turn key and the owner is willing to train the new owner if also interested in purchasing the business. Price includes real estate, not the business. That will be sold seperately if a buyer is interested in continuing.
MLS # | 1609282 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 2007 |
Days On Site | 220 |
Listing Provided By | EXP Realty | Jennifer Cammack |
SQ Feet | 5,800 |
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Units | 3 |
Zoning | GM |
Acreage | 0.55 |
Cooling | Heat Pump |
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Cooling Yes / No | Yes |
Heating | Zoned, Stove, Hot Water, Heat Pump, Baseboard |
Heating Yes / No | Yes |
Interior Features | Storage |
Roof | Pitched, Shingle |
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Lot Features | Near Turnpike/Interstate |
Construction Materials | Vinyl Siding, Wood Frame |
Foundation Details | Slab |
Accessibility Features | Level Entry |
Parking Features | Gravel, 21+ Spaces, On Site, Off Street |
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Sewer | Septic Tank, Private Sewer |
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Electric | Circuit Breakers |
Property | 5247 |
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State | ME |
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County | Penobscot |
City | Medway |
Zip Code | 04460 |
Listing VS Median (in 04460) | |
Price: $499,900 low | high Med: $270,000 SqFt: 5,800 low | high Med: 1,661 $ / SqFt: $86 low | high Med: $163 On site: 220 low | high Med: 38.000000 |