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For Sale

1963 Medway Road

1963 Medway Road, Medway, ME 04460

$2,250,000

Rare opportunity to own a well run hotel at the gateway to the greatest Maine has to offer in outdoor activities. This hotel, built in 1995, has 38 rooms varying from a single up to a two bedroom and also offers efficiency apartments for longer stays. The conference room has been used for business meeting, reunions and even a local wedding. There is also a well ventilated 60'x80' building attached that could be used for ATV or Snowmobile storage. This property is connected directly to the ITS. More than 60,000 people visit Baxter State park every year, making this a prime place to stay wither before or after hiking. The current owners have had hundreds of hikers who have used Baxter State Park to start or finish the Appalachian Trail. With plenty of lakes ad rivers in the area, this hotel offers the ability to stay close to the best outdoor recreation areas Maine has to offer.

20,000 Sq.Ft. LIVING AREA

5.63 Acres lot

James Spear

title Associate Broker
PHONE (207) 370-0559
EMAIL [email protected]
DRE # BA925976

Features & Amenities

Interior

Flooring Wood, Vinyl, Concrete, Carpet

Area & Lot

Status For Sale
Living Area20,000 Sq.Ft.
Lot Area5.63 Acres
MLS® ID1619103
TypeCommercial
YEAR BUILT1995

Exterior

STORIES3
water SourceWell, Private
roofMetal
lot featuresBusiness District, Near Shopping
parking21 Spaces, Paved
HEAT TYPEZoned, Hot Water, Baseboard
AIR CONDITIONINGWall/Window Unit(s), Central Air
sewerSeptic Tank, Private Sewer
SubstructureConcrete Perimeter
Disability FeaturesElevator/Chair Lift, Level Entry

Financial

Sales Price$2,250,000
Real Estate Tax $24,834/yr
Zoning Commercial

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Contact Details

JAMES A. SPEAR

Phone

(207) 370-0559

[email protected]

Address

556 Hammond Street Bangor ME 04401

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