5 Grindstone Rd

$139,900
Price
63,597 / 1.46
Lot Size / Acres

Description

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
...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.
  1. Listed by Lena Fiske • United Country Lifestyle Properties of Maine • 207-794-6164

Property Details for 5 Grindstone Road

Waterfront
No
Zoning
Commercial
View
Scenic
LISTING UPDATED: 01/05/2026 02:00 PM

Property Details for 5 Grindstone Road

StatusActive
MLS #1647694
Days on Market3
Taxes$1,007 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size1.46 AC
CountyPenobscot County

Location

Listing Courtesy of United Country Lifestyle Properties of Maine
Add your commute

Building Information for 5 Grindstone Road

Lot Size1.46 AC

Payment Calculator

$766 per month

30 year fixed, 6.15% Interest

Principal and Interest

$682

Property Taxes

$84

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Grindstone Road

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 3025
  • Directions: Ex. 244 half mile heading west on Rt 157 Medway Road. Property is on the right on the corner of Rt 157 and Rt 11 Grindstone Road.
  • Town: Medway
  • State/Province: ME
  • Zip Code: 04460
  • County: Penobscot
  • Tax Lot: 035
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Other Site: Yes
  • Site:Rolling/Sloping: Yes
  • Site:Wooded: Yes
  • Location:Intown: Yes
  • Location:Near Public Beach: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Location:Rural: Yes
  • Transportation:Major Road Access: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Public: Yes
  • Recreational Water:River/Brook/Stream: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Other, Paved, On Site, Off Street
Taxes and HOA Information
  • Tax Book Number: 16829
  • Tax Map Number: 016
  • Tax Year: 2025
  • Parcel Number: MEDY-000016-000000-000035
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $1,006.72
  • Restrictions:No Restrictions: Yes
Property
Lot Information
  • Lot Size Acres: 1.46
  • Source of Acreage: Public Records
  • Lot Size Area: 1.46
  • Lot Size Units: Acres
  • Lot Size Square Feet: 63597.6
  • Street Number: 5
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Type Offered: Quit Claim w/Covenant
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Mobile Homes Allowed: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:Source of Road Frontage: Public Records
Parking
  • Driveway:Gravel: Yes
  • Driveway:Other: Yes
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Property Type: Land
  • Property Type Label: Land
Utilities
  • Electric: On Site
  • Sewer: None, Septic Design Available
  • Water Source: Well, Private
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Interior Features
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00

Property History for 5 Grindstone Road

DateEvent & SourcePriceAppreciation
Jan 5, 2026

Listed (Active)

Maine Listings #1647694

$139,900
DateEvent & SourcePrice
01/05/2026

Listed (Active)

Maine Listings #1647694

$139,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5 Grindstone Road

This home is within Medway Public Schools.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Rating
School
Distance
Medway Middle School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5 Grindstone Road is a 1.46 ac of land for sale in Medway, ME 04460. This property was listed for sale on January 5, 2026 by United Country Lifestyle Properties of Maine, it's currently listed at $139,900. This listing's school district is Medway Public Schools. Nearby schools include Medway Middle School. 5 Grindstone Road is a 0-bed, 0-bath, 1.46 ac of land on a 63,597 sq. ft. / 1.46 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of United Country Lifestyle Properties of Maine

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.