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Flex Building with Eight Garage Bays

71 Town Road, Medway, ME 04460

For Sale
$195,000

Includes an upstairs apartment, a ground-floor office with kitchen, and multiple storage rooms.

Property Size7,260 SF
Lot Size0.75 Acres
Price / SF$26.86
Days on Market1087

Property Features for 71 Town Road

General Information

Standard status Active
Size 7,260 SF
Lot size 0.75 Acres
Property subtype Commercial
Zoning Residential

Additional Details

Highway Access Yes
Drive-In Doors 8

Taxes and HOA fees

Annual Taxes $3,620

Building Details

Building Size 7,260 SF
Buildings 1
Listing Agency: EXP Realty
Listed By: Kelley Fenlason Wallace Fenlason · License ME BA916213
Source: Integrityhomesrealestategroup
Added: Nov 21, 2023 Changed: Nov 11 Last Checked: Nov 11 at 2:15AM

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 EXP Realty

Rey
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Investment Insights

Based on property information with market context.

This 7,260-square-foot flex building on a 0.75-acre parcel is configured with 8 garage bay doors, an upstairs apartment, and a ground-floor office with a kitchen. Three bathrooms, a vehicle lift, and several smaller storage rooms add to the interior layout. A paved parking area is located at the front of the property, which carries residential zoning.

The property at 71 Town Road in Medway is 500 feet from I-95. Its existing mix of garage bays, office space, apartment space, and storage areas defines the building’s current configuration.

Key Highlights

  • 7,260‑square‑foot flex building on a 0.75‑acre lot
  • 8 garage bay doors and a vehicle lift
  • Upstairs apartment and ground‑floor office with kitchen

Property Analytics

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

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Building Supply (Bike/Boat/Book/etc) Store Hair Salon Real Estate Agency Nail 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

8
Drive-in doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Penobscot County, ME

$148 Jul
$73.83 Aug
$98.23 Sep
$92.99 Oct

Properties on Market for Flex space in Penobscot County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Includes an upstairs apartment, a ground-floor office with kitchen, and multiple storage rooms.
Where is this flex space located?
The property is located at 71 Town Road Medway, ME.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 7,260‑square‑foot flex building on a 0.75‑acre lot; 8 garage bay doors and a vehicle lift; Upstairs apartment and ground‑floor office with kitchen
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