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Commercial Land with Gravel Pad

5 Grindstone Road, Medway, ME 04460

For Sale
$124,900

Land, Medway, ME

Property SizeContact for details
Lot Size1.46 Acres
Days on Market182

Property Features for 5 Grindstone Road

General Information

Property type Land
Property subtype Other
Zoning Commercial
Parking features Off Street
Pets allowed No
Lot features Other Site, Rolling/ Sloping, Open, Corner Lot, Level, Wooded, Intown, Near Public Beach, Near Turnpike/ Interstate, Rural
Standard status Active
Lot size 1.46 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1007

Utilities

Water source Well, Private
Water front features Stream
Listing Agency: United Country Lifestyle Properties of Maine
Listed By: Lena Fiske
Added: May 13 Changed: Oct 25 Last Checked: Nov 10 at 10:06AM
MLS# 1647694

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 1.46-acre commercial parcel at 5 Grindstone Road includes a gravel pad, power available at the pole, and a drilled well. Private well service and off-street parking are present, while septic designs have been prepared for either a large or small system. A portable business currently occupies the site and is expected to be removed, leaving the parcel available for future development planning.

The property is positioned at the intersection of Route 157 and Rt. 11, approximately half a mile from Exit 244. Recreational trails run adjacent to or near the property, and a stream is among the site’s waterfront features. Bangor is approximately 45 minutes away, while the Canadian border is approximately one hour north. The parcel is zoned Commercial.

Key Highlights

  • 1.46‑acre commercial parcel
  • Commercial zoning
  • Gravel pad already in place

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

Yes
Utilities to site

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

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial zoning, utility access, and an existing gravel pad support future site planning.
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: 1.46‑acre commercial parcel; Commercial zoning; Gravel pad already in place
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