Commercial

Millinocket, ME Commercial Land for Sale

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East Millinocket, ME Medway, ME Molunkus Twp, ME Milo, ME Mattawamkeag, ME Woodville, ME Lake View Plt, ME Seboeis Plt, ME
Downtown Commercial Land
Updated: Jul 18
Downtown Commercial Land

75 Penobscot Avenue, Millinocket, ME 04462

$179,900
0.31 AC lot
13,500 sq. ft. commercial parcel on 0.31 acres
Downtown zoning designation
Existing cement pad on the cleared site
Public water service identified for the property
Public sewer identified for the property
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Vacant Lot on Main Street
Updated: Jul 18
Vacant Lot on Main Street

75 Penobscot Avenue, Millinocket, ME 04462

$179,900
0.31 AC lot
Directly on Main St in Millinocket: Prime location.
13,500 sq. ft vacant lot: Substantial space for development.
Public water & sewer: Ready for connection, simplifying building process.
Cement pad: Existing foundation potentially reduces construction costs.
Cleared of debris: Site is prepared for immediate building.
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Vacant Lot on Main Street
Vacant Lot on Main Street

75 Penobscot Ave, Millinocket, ME 04462

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0.31 AC lot

13,500 sq ft vacant lot ready to build.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Millinocket, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Land with Stream
Commercial Land with Stream

5 Grindstone Road, Medway, ME 04460

$124,900
1.46 AC lot

Commercial land in Medway includes a gravel pad, off-street parking, and well water on a 1.46-acre site.

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Waterfront Land with Mobile Home Sites
Waterfront Land with Mobile Home Sites

Lot 19 Old Farm Road, Medway, ME 04460

$159,900
226,512 sqft

Residential and commercial zoning supports approved mobile home sites, with two tenant-owned homes currently on month-to-month lot leases.

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Lee, ME
Lee, ME

2801 Lee Road, Lee, ME 04455

$299,000
0.63 AC lot

Commercial land · 0.63 Acres

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Versatile Commercial and Residential Lot
Versatile Commercial and Residential Lot

2801 Lee Road, Lee, ME 04455

$249,000

Versatile lot near Mt. Jefferson Ski Area suitable for commercial or residential use with strong visibility.

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Off-Market Properties in Millinocket, ME

Consider similar Off-Market properties in Millinocket, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

171 Knox St
VACANT COMMERCIAL LAND

171 Knox St, Millinocket, ME 04462-1248

$255,000
Estimated value
0.18 AC lot
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Millinocket, ME Commercial Land Market Trends and Statistics

Explore 4 commercial land for sale in Millinocket, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 40,511 square feet of properties for sale, with an estimated market value of $359,800.

Sale prices for commercial lots in Millinocket, ME average $179,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 4
Commercial land 3
Waterfront Land 2
Recreation land 2

Demographics Overview

Population 4,462
Population Growth (5Y) -3.4%
Median Household Income $44,167
College Educated 26.4%

High-Yield Neighborhoods for Investment

Identify Millinocket submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04462 $179.9K

Taxes & Financing

Tax Rate (average for all types) 2.91%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Penobscot County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Penobscot County

Retail

Office

Residential Income

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