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    Millinocket, ME

    Millinocket, ME Commercial Real Estate for Sale

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    Grindstone Twp, ME East Millinocket, ME Seboeis Plt, ME Milo, ME Mattawamkeag, ME Woodville, ME Lake View Plt, ME Winn, ME
    11 properties
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    Renovated Downtown Office Building
    Updated: May 8
    Renovated Downtown Office Building

    158 Penobscot Avenue, Millinocket, ME 04462

    $249,900
    1,533 sqft 0.05 AC lot
    Fully renovated office building with over 1,500 sq. ft. on Penobscot Avenue in downtown Millinocket
    Layout includes reception area, three private offices, and kitchen area
    Six heat pumps provide climate control; heated with baseboard and electric heat
    Month‑to‑month triple‑net lease in place; tenant plans to vacate mid‑2026
    Off‑street parking available with convenient public parking directly adjacent (owned by the Town of Millinocket)
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    This listing looks promising.

    Here's a quick look at some key insights for

    158 Penobscot Avenue, Millinocket, ME 04462

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $22K
      Annual

    • Price @ 7% Cap

      $310K
      Above asking
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    Commercial Office Building
    Updated: Jun 23
    Commercial Office Building

    899 Central Street, Millinocket, ME 04462

    $550,000
    8,322 sqft 3.13 AC lot
    Commercial office building
    8,322 square feet of space
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    Metal Retail Shell Building
    Metal Retail Shell Building

    953 Central Street, Millinocket, ME 04462

    $259,000
    6,400 sqft 1.04 AC lot

    6,400 SF metal building shell includes built-in coolers and a pizza oven, with public water and sewer.

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    Renovated Downtown Retail Storefront
    Renovated Downtown Retail Storefront

    216 Penobscot Avenue, Millinocket, ME 04462

    $145,000
    1,610 sqft 0.06 AC lot

    Renovated storefront with exposed brick, hardwood floors, large windows, and two off-street parking spaces behind the building.

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    Retail Redevelopment Opportunity
    Retail Redevelopment Opportunity

    800 Central St, Millinocket, ME 04462

    $995,000
    90,000 sqft 7.26 AC lot

    90,000 SF retail space on 7.26 acres.

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    Downtown Brick Retail Office Building
    Downtown Brick Retail Office Building

    204 Penobscot Avenue, Millinocket, ME 04462

    $99,900
    1,115 sqft 0.06 AC lot

    Brick commercial building with open layout, service counter, two private offices, bathroom with shower, and rear parking.

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    Vacant Lot on Main Street
    Vacant Lot on Main Street

    75 Penobscot Avenue, Millinocket, ME 04462

    $179,900
    0.31 AC lot

    Vacant 0.31-acre lot with cement pad in Millinocket, ME.

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    Retail/Office Building For Sale
    Retail/Office Building For Sale

    21 Sycamore St, Millinocket, ME

    $325,000
    5,650 sqft 1.16 AC lot

    Free-span steel building suitable for retail or office use.

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    Vacant Lot on Main Street
    Vacant Lot on Main Street

    75 Penobscot Avenue, Millinocket, ME 04462

    $179,900
    0.31 AC lot

    Vacant 0.31-acre lot with utilities in downtown Millinocket, Maine.

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    Mixed-Use Building in Katahdin Region
    Mixed-Use Building in Katahdin Region

    96 Penobscot Avenue, Millinocket, ME 04462

    $135,200
    0.12 AC lot

    Three-story mixed-use building with showroom and apartment/office potential.

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    Vacant Lot on Main Street
    Vacant Lot on Main Street

    75 Penobscot Avenue, Millinocket, ME 04462

    $179,900
    0.31 AC lot

    13,500 sq ft vacant lot in Millinocket, Maine.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in Millinocket, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

    Former Pharmacy Retail Storefront
    Former Pharmacy Retail Storefront

    59 Main Street, East Millinocket, ME 04430

    $189,000
    2,700 sqft 0.15 AC lot

    Level-entry storefront with high visibility and abundant parking for a pharmacy or retail operation in East Millinocket.

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    Versatile Building in Mattawamkeag, ME
    Versatile Building in Mattawamkeag, ME

    41 Graham Lane, Mattawamkeag, ME 04459

    $225,000
    20,870 sqft 8.30 AC lot

    20,870 SF building suitable for medical, senior care, manufacturing.

    View details
    Turnkey Pizza Business Opportunity
    Turnkey Pizza Business Opportunity

    387 & 377 Main Street, Mattawamkeag, ME 04459

    $89,900
    900 sqft 1.42 AC lot

    Well-loved restaurant for sale in Mattawamkeag, Maine.

    View details
    Two-Building Mixed-Use Live-Work
    Two-Building Mixed-Use Live-Work

    101 Main Street, East Millinocket, ME 04430

    $139,000
    4,000 sqft 0.19 AC lot

    For sale mixed-use property with storefront space, residential units, and a large garage-turned-barn on Main Street.

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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.

    43 Rhode Is Ave
    FINANCIAL BUILDING

    43 Rhode Is Ave, Millinocket, ME 04462-2222

    Value Estimation by Request
    0.23 AC lot
    View details
    175 Aroostook Ave
    FINANCIAL BUILDING

    175 Aroostook Ave, Millinocket, ME 04462-1336

    Value Estimation by Request
    0.16 AC lot
    View details
    53 Sunset Dr
    FINANCIAL BUILDING

    53 Sunset Dr, Millinocket, ME 04462-2321

    Value Estimation by Request
    0.24 AC lot
    View details
    128 Oxford St
    FINANCIAL BUILDING

    128 Oxford St, Millinocket, ME 04462-1227

    Value Estimation by Request
    0.18 AC lot
    View details
    27 Cottage Rd
    FINANCIAL BUILDING

    27 Cottage Rd, Millinocket, ME 04462-1903

    Value Estimation by Request
    0.22 AC lot
    View details
    429 Penobscot Ave
    FINANCIAL BUILDING

    429 Penobscot Ave, Millinocket, ME 04462-1617

    Value Estimation by Request
    0.11 AC lot
    View details
    23 Eastland Ave
    FINANCIAL BUILDING

    23 Eastland Ave, Millinocket, ME 04462-1809

    Value Estimation by Request
    0.14 AC lot
    View details
    138 State St
    FINANCIAL BUILDING

    138 State St, Millinocket, ME 04462-1531

    Value Estimation by Request
    0.14 AC lot
    View details
    181 Knox St
    FINANCIAL BUILDING

    181 Knox St, Millinocket, ME 04462-1248

    Value Estimation by Request
    0.18 AC lot
    View details
    Congress St
    CHARITABLE ORGANIZATION

    Congress St, Millinocket, ME 04462

    Value Estimation by Request
    1.79 AC lot
    View details
    92 Katahdin Ave
    FINANCIAL BUILDING

    92 Katahdin Ave, Millinocket, ME 04462-1334

    Value Estimation by Request
    0.13 AC lot
    View details
    304 Congress St
    FINANCIAL BUILDING

    304 Congress St, Millinocket, ME 04462-1514

    Value Estimation by Request
    0.20 AC lot
    View details
    171 Knox St
    VACANT COMMERCIAL LAND

    171 Knox St, Millinocket, ME 04462-1248

    Value Estimation by Request
    0.18 AC lot
    View details

    Millinocket, ME Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Millinocket, ME, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 114,630 square feet of properties for sale, with an estimated market value of $2,623,800.

    Sale prices for business properties in Millinocket, ME start at $99,900, averaging $374,828, and reaching up to $995,000 — 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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    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 $312.1K

    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)

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