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Commercial Land with Gravel Pad
For Sale
$124,900

5 Grindstone Road, Medway, ME 04460

Commercial land with a gravel pad in place plus power at the pole, a drilled well, and septic designs available.

Property SizeContact for details
Days on Market306

Property Features for 5 Grindstone Road

General Information

Standard status Active
Property subtype Land
Listing Agency: Maine (207-794-6164)
Listed By: Lena Fiske
Source: Lifestylepropertiesofmaine
Added: Jan 5 Changed: Nov 5 Last Checked: Nov 4 at 5:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maine (207-794-6164)

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Investment Insights

Based on property information with market context.

Commercial land at 5 Grindstone Road in Medway, Maine with a gravel pad already in place and essential site utilities available, including power at the pole and a drilled well. Septic designs are available for a large or a small system, supporting flexibility for prospective development plans.

The property is located at the intersection of Route 157 and Rt. 11, offering visibility and convenient access for both locals and travelers. It sits about half a mile from Exit 244. Bangor is approximately 45 minutes away, and the Canadian border is about an hour north. Recreational trails run adjacent to the property and nearby, aligning with the area’s outdoor and tourism activity.

A previous portable business currently occupies the site but will be removed, allowing a fresh start for new uses. The site is positioned for a range of concepts, including retail, restaurant, outdoor adventure, and service-oriented businesses.

Key Highlights

  • Gravel pad already in place for development
  • Power at the pole and a drilled well on site
  • Septic designs available for a large or a small system

Property Analytics

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Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Penobscot County

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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with a gravel pad in place plus power at the pole, a drilled well, and septic designs available.
Where is this commercial land located?
The property is located at 5 Grindstone Road Medway, ME.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: Gravel pad already in place for development; Power at the pole and a drilled well on site; Septic designs available for a large or a small system
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