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Commercial Land with Stream
For Sale
$124,900

5 Grindstone Road, Medway, ME 04460

LAND - Medway, ME

Property SizeContact for details
Lot Size1.46 Acres
Days on Market92

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 Private, Well
Water front features Stream
Listing Agency: United Country Lifestyle Properties of Maine
Listed By: Lena Fiske
Added: May 13 Changed: Aug 2 Last Checked: Aug 12 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.

Investment Insights

Based on property information with market context.

Commercial land in Medway, Maine at 5 Grindstone Road offers a development-ready gravel pad and an off-street parking setup. The property includes a stream waterfront feature and well water through a private well.

The site sits at the intersection of Route 157 and Rt. 11, with access and visibility supported by essential utilities, including power at the pole. Septic designs are available for either a large or small system, and a drilled well is in place.

The land totals 1.46 acres and includes waterfront access to a stream, supporting a variety of commercial concepts where permitted uses align.

Key Highlights

  • 1.46‑acre commercial land parcel in Medway, ME
  • Gravel pad already in place for development
  • Stream waterfront feature

Property Analytics

Current Use

Grindstone BBQ Restaurant

Suggested Use

Top Pick Electrical Service Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store Barber Shop Hair Salon

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land in Medway includes a gravel pad, off-street parking, and well water on a 1.46-acre site.
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 land parcel in Medway, ME; Gravel pad already in place for development; Stream waterfront feature
More about this property
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