1963 Medway Road, Medway, ME 04460 (MLS# 1619103)
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
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
Status: Active
Original List Price: 2250000
List Price: $2,250,000
Current Price: $2,250,000
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
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.
Last Updated: August - 11 - 2025
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