5 Grindstone Rd
Description
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.
- Listed by Lena Fiske • United Country Lifestyle Properties of MaineP: (207)-794-6164 C: (207)-447-1087 lena@lifestylepropertiesme.com
Property Details for 5 Grindstone Road
Property Details for 5 Grindstone Road
| Status | Active |
|---|---|
| MLS # | 1647694 |
| Days on Market | 171 |
| Taxes | $1,007 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Land |
| MLS Type | Land |
| Year Built | - |
| Lot Size | 1.46 AC |
| County | Penobscot County |
Location
Building Information for 5 Grindstone Road
Payment Calculator
$706 per month
30 year fixed, 6.36% Interest
$622
$84
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1Property Information for 5 Grindstone Road
- Water View: No
- Location: Intown, Near Public Beach, Near Turnpike/Interstate, Rural
- Page: 151
- Zoning Overlay: No
- 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.
- Transportation: Major Road Access
- Association: No
- Parcel Number: MEDY-000016-000000-000035
- Tax Lot: 035
- Tax Book Number: 16829
- Tax Map Number: 016
- Tax Year: 2025
- Tax Annual Amount: $1,006.72
- Parking Features: 5 - 10 Spaces, Gravel, Other, Paved, On Site, Off Street
- Parking: 5 - 10 Spaces, On Site, Paved, Off Street
- Lot Features: Rolling/Sloping, Open, Corner Lot, Level, Wooded, Intown, Near Public Beach, Near Turnpike/Interstate, Rural
- Lot Size Acres: 1.46
- Lot Size Area: 1.46
- Lot Size Source: Public Records
- Lot Size Square Feet: 63597.6
- Lot Size Units: Acres
- Roads: Paved, Public
- Road Surface Type: Paved
- Road Frontage: true
- Road Frontage: 500.0
- Source of Road Frontage: Public Records
- Tree Growth: false
- Site: Corner Lot, Level, Open, Other Site, Rolling/Sloping, Wooded
- Property Type: Land
- Deed: All
- Deed Type Offered: Quit Claim w/Covenant
- Surveyed: Yes
- Restrictions: No Restrictions
- List Price/Acre: $85,547.95
- Electric: On Site
- Gas: No Gas
- Recreational Water: Nearby, Public, River/Brook/Stream
- Sewer: Septic Design Available
- Water Source: Well, Private
- Utilities: Utilities On
- Utilities On: Yes
- Driveway: Gravel, Other, Paved
- Mobile Homes Allowed: Yes
- Pets Allowed: No Restrictions
Property History for 5 Grindstone Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 22, 2026 | Price Change Maine Listings #1647694 | $124,900 | — |
| Jan 5, 2026 | Listed (Active) Maine Listings #1647694 | $139,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/22/2026 | Price Change Maine Listings #1647694 | $124,900 |
| 01/05/2026 | Listed (Active) Maine Listings #1647694 | $139,900 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Schools near 5 Grindstone Road
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
