Discover the rare opportunity to own * * 9± surveyed acres with 525± feet of frontage on the East Branch of the Penobscot River * * in scenic Grindstone Township, Maine. This unique property offers private river access plus a separate buildable parcel across the road, all with year-round access on a paved state-maintained highway. The land is divided by Route 11, with approximately * * 1.75± acres on the river side * * and the balance directly across the road. The riverfront parcel provides easy access for fishing, canoeing, kayaking, campfires, seasonal camping, or parking a self-contained RV. With 525± feet of frontage, there is plenty of room to enjoy one of Maine's great rivers. Across the road, the larger upland parcel is wooded, private, and well suited for a cabin, seasonal retreat, or year-round home. Electric power is available on * * both sides of the road * * , making future development easier and more affordable. The terrain is generally level with sandy and gravelly loam soils common to the area. The property has seen minimal harvesting in recent years, leaving a healthy mix of mature hardwood and softwood trees. A few old apple trees and openings hint at former homestead use. The East Branch is legendary for its beauty, cold clean water, wildlife, paddling, and fishing. Much of the upriver shoreline remains undeveloped and protected by conservation lands, preserving the wild character of this remarkable watershed. It is increasingly rare to find privately owned frontage connected to such an unspoiled river. Nearby recreation includes boating, snowmobiling, ATV riding, hunting, and easy access to Baxter State Park, Katahdin Woods & Waters National Monument, and the * * Penobscot River Trails * * , offering miles of hiking, biking, and Nordic skiing. Located in * * low-tax Grindstone Township * * , this property offers attractive long-term ownership costs. Call today before this one flows on by.
Vacant landProperty Type
9 acresLot Size
$8,322Price/Acres
Listed by Richard Theriault• Keller Williams Realty
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.
MREIS #1556477
May 24, 2023
Sold
$55,000
Apr 18, 2023
Listed
$55,000
+18
Do not miss out on a very rare chance to own land to develop a business on in Medway located on the corner of two busy Routs, Rt. 157 and Rt 11. This property has seen different businesses over the years and is now vacant. There is power at the pole and a drilled well. There is also a gravel pad where a green house recently stood. Medway is known as ''The Gateway to Baxter State Park'' and sees a lot of traffic coming through the area and this lot is only half a mile off exit 244. Bangor is only 45 minutes away and the Canadian boarder is north an hour. If you considered relocating a business to the Katahdin region and wanted quick access to the interstate come take a look. A bonus to the property, the recreational trails run right next to this land and the local boat landing is right down the road.
Year
Property tax
Land + Additions
Assessment*
2016
$740 (+15.1%)
$20,600 + $6,500
$27,100
2015
$643
$20,600 + $3,500
$24,100
Public record
Beds
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Lot width
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Lot size
1.46 Acres
Year renovated
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Finished Sq. Ft.
0
Unfinished Sq. Ft.
0
Total Sq. Ft.
0
Year built
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Style
Vacant Land
County
Penobscot County
APN
M016L035
Parking Spaces
—
Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 18, 2023.
Historical weather
Medway, ME • 04460
Average low and high temperatures (°F)
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43
31
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12
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Sun exposure
97/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.3 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for Lot 5-9 Grindstone Rd
$68,889
$6,011 under list price of $75K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $35K to $245K.