Current Use by Public Records
- Retail properties & Spaces
Property Details for L19B Old Farm Rd
- Lot size
- 5.20 lot acres
- Property type
- Retail properties & Spaces
Description
This exceptional 5.2-acre commercial property in Medway, Maine, presents a unique investment opportunity. Located on the West Branch of the Penobscot River, the lot boasts 21 parking spaces and is zoned for commercial use. Currently configured as a mobile home park with up to four permitted sites (all month-to-month leases), the property offers immediate income potential. The existing steel trailer serves as storage. The property itself does not include any mobile homes. The site's convenient location offers proximity to local amenities including a store, restaurant, and post office. Medway's recreational attractions, such as fishing, boating, snowmobiling, and a public beach, add to its appeal. The property's commercial zoning allows for diverse development possibilities, including expansion of the existing mobile home park, construction of a new residence (subject to town approval), or other commercial ventures. The asking price is $159,900. The APN is L19BOldFarmRoadMedway04460. This versatile property offers a blend of immediate income and significant long-term potential. Don't miss this chance to own a piece of Medway's vibrant landscape.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Medway
- County
- Penobscot
- State
- Maine
- Longitude
- -68.5376
- Latitude
- 45.6115
