Building Details

Building Size 6,071 SF

Year Built 1979

Stories 1

Listing Agency: ERA Dawson-Bradford Co. b***@eradawson.com Show Phone

Listed By: Bruce Bragdon · License #BA913570 Show Phone

Source: Startpoint

Added: Apr 17, 2025 Changed: Aug 3 Last Checked: Aug 5 at 12:41PM

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Investment Insights

Based on property information with market context.

The 5,654 +/- square-foot freestanding retail building sits on 1.5 acres and was constructed in 1979. Interior features include high ceilings, additional storage on the upper level, and separate side and rear entrances. Building systems include central air, a generator, commercial furnace, private well, and septic. A heat pump was installed in 2019, and the front roof has new shingles.

The property fronts Route 157 with 300 feet of road frontage and is located 2.5 miles from I-95. Its position provides access along the route toward Baxter State Park and Mt. Katahdin. Ample on-site parking and the building’s separate entrances support the multiple-use configuration described for the property.

Key Highlights

• 5,654 +/- SF freestanding retail building on 1.5 acres
• 300 feet of road frontage along Route 157
• Located 2.5 miles from I‑95

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Parts Store HVAC Service Electrical Service Pharmacy Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

40

Businesses Nearby

Explore this area Business Placement

Demographics for 04460, ME

1,236

Population

654

Households

1.9

Avg Household Size

53

Median Age

8%

College-Educated

88%

High-School Grad

76.7 sq mi

ZIP Area

16

Density / Sq Mi

$46,125

Median Household Income

$28,200

Median Earnings

$766

Median Rent

$84,500

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial zoning, ample parking, and separate entrances accommodate multiple uses within the building.

Where is this retail space located?

The property is located at 2323 Medway Road Medway, ME.

What is the asking price?

The asking price for this property is $214,900.

What are key features of this property?

This property features: 5,654 +/- SF freestanding retail building on 1.5 acres; 300 feet of road frontage along Route 157; Located 2.5 miles from I‑95