5 Grindstone Rd Grindstone, ME 04460
Estimated payment $747/month
Highlights
- River Front
- Scenic Views
- Corner Lot
- Property is near a beach
- Wooded Lot
- No HOA
About This Lot
Exceptional Business Opportunity in Medway, Maine
Don't miss the chance to own a prime piece of commercial real estate in Medway, strategically located at the bustling intersection of Route 157 and Rt. 11. This versatile property has a rich history of hosting various businesses and is now available for your unique vision.
Situated just half a mile from Exit 244, this property benefits from high visibility and easy access for both locals and travelers. With Bangor only 45 minutes away and the Canadian border just an hour north, the location is ideal for attracting traffic from various demographics.
The property is equipped with essential utilities, including power at the pole and a drilled well, providing a solid foundation for your business operations. Additionally, a gravel pad is already in place ready for development and septic designs are available for a large or a small system. A previous portable business currently occupies the site but will be removed, allowing you to create your own space without the need for extensive groundwork.
Medway is renowned as ''The Gateway to Baxter State Park'' making this location a prime spot for businesses catering to outdoor enthusiasts. With recreational trails running adjacent to the property and close by, your business can tap into the thriving tourism market that seeks adventure and natural beauty.
Whether you envision a retail store, restaurant, outdoor adventure shop, or service oriented business, this property offers the flexibility to cater to a wide range of industries. The surrounding area is ripe for growth, offering a supportive community excited for new businesses. This is more than just a piece of land it's an opportunity to create a lasting business within a region known for its beauty and outdoor activities. Seize the opportunity to make the property your perfect location for your next venture.
Listing Agent
United Country Lifestyle Properties of Maine Brokerage Phone: 207-794-6164 Listed on: 01/05/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,007
Lot Details
- 1.46 Acre Lot
- River Front
- Property fronts a freeway
- Rural Setting
- Corner Lot
- Level Lot
- Open Lot
- Wooded Lot
- Property is zoned Commercial
Parking
- Gravel Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Location
- Near Waterfront
- City Lot
Utilities
- Electricity To Lot Line
- Private Water Source
- Well
- Septic Design Available
- Sewer Not Available
Additional Features
- Scenic Vista Views
- Mobile Home Allowed
Listing and Financial Details
- Tax Lot 035
Community Details
Overview
- No Home Owners Association
Recreation
- Property is near a beach
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $668 | $27,600 | $27,600 | $0 |
| 2022 | $657 | $27,600 | $27,600 | $0 |
| 2019 | $738 | $27,100 | $20,600 | $6,500 |
| 2017 | $778 | $27,100 | $20,600 | $6,500 |
| 2016 | $811 | $27,100 | $20,600 | $6,500 |
| 2015 | $643 | $24,100 | $20,600 | $3,500 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/22/2026 04/22/26 | Price Changed | $124,900 | -10.7% | -- | |
| 01/05/2026 01/05/26 | For Sale | $139,900 | +154.4% | -- | |
| 05/24/2023 05/24/23 | Sold | $55,000 | 0.0% | -- | View Prior Sale |
| 04/20/2023 04/20/23 | Pending | -- | -- | -- | |
| 04/18/2023 04/18/23 | For Sale | $55,000 | 0.0% | -- | |
| 06/22/2022 06/22/22 | Sold | $55,000 | 0.0% | -- | View Prior Sale |
| 04/28/2022 04/28/22 | Pending | -- | -- | -- | |
| 04/26/2022 04/26/22 | For Sale | $55,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $55,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $49,500 | Stand Alone Refi Refinance Of Original Loan |
Source: Maine Listings
MLS Number: 1647694
APN: MEDY-000016-000000-000035
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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