52 Medway Rd
Millinocket, ME 04462
Studio
Studio
(on 1 acre)
Local Information
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-- mins to
Description
Introducing an incredible opportunity in the heart of Millinocket! This exceptional property showcases a charming restaurant & an 11-room inn, offering endless possibilities for aspiring entrepreneurs or seasoned investors. This iconic local landmark has been a successful restaurant & hotel operation since 1987. With numerous kitchen & efficiency upgrades, a full basement, & all furniture & equipment included, this property is ready to fulfill your hospitality dreams. The restaurant boasts a well-appointed kitchen, thoughtfully designed to meet the demands of a bustling culinary operation. Featuring a range of modern kitchen upgrades, including top-of-the-line appliances, ample storage space, and efficient workflow configurations, this is a chef's paradise. Adjacent to the restaurant, the 11-room hotel provides a cozy & welcoming atmosphere for guests. Each room is tastefully furnished, offering a comfortable retreat for travelers. The hotel's efficient layout maximizes space utilization while ensuring privacy and relaxation. A notable feature of this property is the full basement, offering abundant storage space for supplies & inventory. This valuable asset provides ample room to support the needs of the restaurant & hotel operation, allowing for seamless day-to-day management. The sale of this property also includes all furniture & equipment, including an on-demand backup generator. This turnkey opportunity allows you to hit the ground running, instantly establishing your presence in the vibrant Millinocket community. Millinocket is renowned for its proximity to Baxter State Park, Mount Katahdin, & countless outdoor activities such as snowmobiling & hiking, which attract visitors throughout the year. Take advantage of the thriving tourism industry & the demand for quality accommodations & dining experiences. Don't miss out on this remarkable chance to embark on an exciting and rewarding venture in the heart of Maine's picturesque landscape!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
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Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 52 Medway Rd
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Year Built Year Built: 1987 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 0.00 Acres |
Price History for 52 Medway Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 10/17/2023 | ListingRemoved | NextHome | |
| 06/15/2023 | $499,000 | Listed For Sale | NextHome #1559589 |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $9,183 |
| Assessment | $332,700 |
Home facts updated by county records
Comparable Sales for 52 Medway Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $170,000 | 09/26/25 | 3 | 2 | 1,628 | |
0.04 | Single-Family Home | $193,000 | 06/13/25 | 2 | 1 | 1,190 | |
0.06 | Single-Family Home | $80,000 | 06/02/25 | 5 | 2 | 1,600 | |
0.15 | Single-Family Home | $105,000 | 12/26/25 | 3 | 1 | 3,352 | |
0.21 | Single-Family Home | $160,000 | 05/08/26 | 3 | 1.5 | 1,512 | |
0.27 | Single-Family Home | $148,000 | 06/27/25 | 4 | 1 | 2,688 | |
0.26 | Single-Family Home | $185,000 | 07/18/25 | 4 | 1 | 1,400 | |
0.39 | Single-Family Home | $169,000 | 05/30/25 | 3 | 1 | 1,296 | |
0.31 | Single-Family Home | $168,000 | 02/18/26 | 5 | 2 | 1,283 | |
0.33 | Single-Family Home | $87,600 | 12/15/25 | 2 | 1 | 864 |
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Assigned Schools
These are the assigned schools for 52 Medway Rd.
- Granite Street School
- PK-5
- Public
- 225 Students
7/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Stearns High School
- 6-12
- Public
- 218 Students
3/10GreatSchools RatingParent Rating AverageAs a Current 10th Grader at Stearns I see Respect is Missing Racial Slurs Seem to be The Motto. There is also a Abundant Amount Of Cruel and Unfair Punishments. They Have Developed a Special Place for People to Smoke who are underage (Bathroom) They Continue To Make a Weak attempt at stopping it but fail everytime. We Were Such a Good School till We Lost The Other Principle But Now We are stuck with a principle that has no sense of rules and cares more about money than kids.Student Review4y ago 
Check out schools near 52 Medway Rd.
What Locals Say about Millinocket
At least 11 Trulia users voted on each feature.
95 % Say parking is easy
93 % Say yards are well-kept
93 % Say it's walkable to restaurants
91 % Say it's dog friendly
88 % Say it's walkable to grocery stores
82 % Say car is needed
81 % Say kids play outside
74 % Say they plan to stay for at least 5 years
70 % Say there's holiday spirit
67 % Say people would walk alone at night
66 % Say neighbors are friendly
65 % Say it's quiet
56 % Say there are sidewalks
54 % Say there's wildlife
50 % Say streets are well-lit
38 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 52 Medway Rd
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Off Market Homes Near 52 Medway Rd
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SOLDJAN 9, 2026ERA Dawson-Bradford Co., Closed
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SOLDDEC 30, 2025Keller Williams Realty, Closed
SOLDDEC 16, 2025Realty of Maine, Closed
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SOLDOCT 28, 2025NextHome Experience, Closed
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Homes for rent near 52 Medway Rd
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52 Medway Rd, Millinocket, ME 04462 is a studio single-family home built in 1987. This property is not currently available for sale. The current Trulia Estimate for 52 Medway Rd is $374,700.