Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5 Grindstone Rd Medway, ME 04460

    Sponsored
    For Sale
    $139,900

    LAND - Medway, ME

    Lot size:
    1.46 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 9 at 11:06 am

    Property Features for 5 Grindstone Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Parking features
    Off Street
    Pets allowed
    No
    Lot size
    1.46 Acres

    Utilities

    Water source
    Private, Well

    United Country McPhail Realty (207) 794-6164 [email protected]

    Listing agent Lena Fiske (207) 794-6164

    Listing date Jan 5, 2026

    Copyright © 2026 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity, Medway

    Located at the intersection of Route 157 and Route 11 in Medway, Maine, this 1.46-acre commercial land offers a business opportunity. The property is situated approximately half a mile from Exit 244, providing high visibility and accessibility. Bangor is located 45 minutes away, and the Canadian border is an hour north of the property. Essential utilities are available, including power at the pole and a drilled well. A gravel pad is in place, and septic designs are available for both large and small systems. Recreational trails run adjacent to the property, which is near Baxter State Park. The location is suitable for businesses catering to outdoor enthusiasts. The property is zoned commercial and can accommodate a range of industries, including retail stores, restaurants, outdoor adventure shops, or service-oriented businesses. The property is located in Medway, known as the 'Gateway to Baxter State Park'.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grindstone BBQ Takeout Restaurant

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medway
    County
    Penobscot
    State
    Maine
    Longitude
    -68.53296
    Latitude
    45.614024

    Nearby Similar for Sale

    • $499,900
      5,800 SF

      Medway Mixed-Use Commercial Property

      Prime Medway location, high income potential.
      2149 Medway Rd, Medway, ME 04460
      View Details
    • $275,000
      956 SF

      Medway Mixed-Use Commercial Property

      High-traffic location, 3-acre lot, investment opportunity.
      2121 Medway Rd, Medway, ME 04460
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land in Medway, Maine, near Route 157 and Rt. 11.
    Where is this commercial land located?
    The property is located at 5 Grindstone Rd Medway, ME.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: - Prime commercial location at the intersection of Route 157 and Rt. 11 in Medway, Maine.; - High visibility and easy access, located just half a mile from Exit 244.; - Proximity to Baxter State Park, positioning the property as **'The Gateway to Baxter State Park'** and catering to outdoor enthusiasts.
    (207) 794-6164
    Request Owner's contact information
    5 Grindstone Rd Medway, ME 04460
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5 Grindstone Rd
    Medway, ME 04460
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Grindstone Rd Medway, ME 04460
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.