Improved Residential Land for Sale in Medway, Maine

Huge price reduction! Motivated seller! 390 feet of desirable in town road frontage located on a busy main road with a very high traffic count for the area. This 3 acre parcel is one of the larger lots in town and is a prime location with every recreational enthusiast passing by in order to get to East Millinocket, Millinocket, Mount Katahdin and the Katahdin Woods And Waters National Monument. The traffic count, location and road frontage make this property a perfect location to start over with a business of your choice or have your business near the road and expand the rentals in the back. Much of the lot has not been cleared and would allow plenty of space for expansion. This property originally was the site of a restaurant and local post office. Currently, the property has a beautiful ranch style home that is owner occupied with two bedrooms, 1 1/2 bathrooms, a sun porch, heat pump and biasi boiler. The old restaurant was situated in the center of the lot and was converted to a workshop storage area. It still has the concrete slab where the restaurant once was located. The old post office was converted to a single-family rental unit. Another single family rental unit is in the back of the property as well. The front of the lot is open along the entire road frontage and woods in the back for privacy or expansion. Great visibility for any business coming to the area. The possibilities are endless! ATV and snowmobile access!