Millinocket, ME Commercial Real Estate for Sale

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East Millinocket, ME Medway, ME Molunkus Twp, ME Milo, ME Lake View Plt, ME Mattawamkeag, ME Woodville, ME Seboeis Plt, ME
13 properties
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Motor Lodge with Tavern
Updated: Oct 1
Motor Lodge with Tavern

973 Central Street, Millinocket, ME 04462

$770,000
14,660 sqft 4.60 AC lot
24‑room motor lodge on 4.6 acres
14,660‑square‑foot property with tavern and restaurant space
Three detached rear units currently function as a campground bathhouse
Restaurant space has been leased to the same tenant for decades
HC zoning; public water and public sewer
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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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Downtown Mixed-Use Building
Downtown Mixed-Use Building

202 Penobscot Avenue, Millinocket, ME 04462

$119,000
2,067 sqft 0.06 AC lot

Two-level property combining professional office space with a one-bedroom apartment in downtown Millinocket.

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See hot listings in Millinocket

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Pamola Motor Lodge Motel
Pamola Motor Lodge Motel

973 Central St, Millinocket, ME 04462

$770,000
14,660 sqft

A 24-room property with restaurant and tavern space occupies a 4.6-acre site in Millinocket.

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Flex Space with Built-In Equipment
Flex Space with Built-In Equipment

953 Central Street, Millinocket, ME 04462

$259,000
6,400 sqft 1.04 AC lot

Metal-clad commercial space with public utilities, storage, and adaptable interior configuration.

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Renovated Brick Storefront
Renovated Brick Storefront

216 Penobscot Avenue, Millinocket, ME 04462

$145,000
1,610 sqft 0.06 AC lot

Storefront features exposed original brick, hardwood flooring, large display windows, and rear access.

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Renovated Office Building
Renovated Office Building

158 Penobscot Avenue, Millinocket, ME 04462

$249,900
1,533 sqft 0.05 AC lot

Flexible professional layout with private offices, reception, kitchen space, and heat-pump climate control.

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Retail Space with Existing Canopy
Retail Space with Existing Canopy

953 Central St, Millinocket, ME 04462

$259,000
6,400 sqft

Metal shell with built-in coolers, pizza oven, and public utilities.

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Downtown Brick Storefront
Downtown Brick Storefront

204 Penobscot Avenue, Millinocket, ME 04462

$79,900
1,115 sqft 0.06 AC lot

Flexible commercial layout with a service counter, private offices, and public utilities in downtown Millinocket.

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Downtown Commercial Land
Downtown Commercial Land

75 Penobscot Avenue, Millinocket, ME 04462

$179,900
0.31 AC lot

Cleared development parcel with a cement pad and public water and sewer service.

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Commercial Storefront with Flexible Use
Commercial Storefront with Flexible Use

216 Penobscot Ave, Millinocket, ME 04462

$145,000
1,610 sqft

Highly visible storefront on Penobscot Avenue, suited for retail, office, or service businesses.

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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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Vacant Lot on Main Street
Vacant Lot on Main Street

75 Penobscot Ave, Millinocket, ME 04462

Contact for pricing
0.31 AC lot

13,500 sq ft vacant lot ready to build.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Millinocket, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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.

Mixed-Use Property with Storefront
Mixed-Use Property with Storefront

101 Main St, East Millinocket, ME 04430

$139,000
4,000 sqft 0.19 AC lot

Two buildings combine ground-floor retail, an upstairs residence, and a duplex renovation project.

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Live-Work Mixed-Use Property
Live-Work Mixed-Use Property

101 Main Street, East Millinocket, ME 04430

$139,000
4,000 sqft 0.19 AC lot

Main Street commercial/residential offering with two buildings, a residence, storefront, duplex conversion, and substantial outbuilding.

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

Lot 19 Old Farm Road, Medway, ME 04460

$154,900
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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Renovated Mixed-Use Restaurant Property
Renovated Mixed-Use Restaurant Property

2149 Medway Road, Medway, ME 04460

$489,900
5,800 sqft

Restaurant and bar property with two efficiency apartments, updated interiors, commercial zoning, and upgraded mechanical systems.

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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

Estimated value:
$245,000
0.23 AC lot
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175 Aroostook Ave
FINANCIAL BUILDING

175 Aroostook Ave, Millinocket, ME 04462-1336

Estimated value:
$175,000
0.16 AC lot
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53 Sunset Dr
FINANCIAL BUILDING

53 Sunset Dr, Millinocket, ME 04462-2321

Estimated value:
$290,000
0.24 AC lot
View details
128 Oxford St
FINANCIAL BUILDING

128 Oxford St, Millinocket, ME 04462-1227

Estimated value:
$280,000
0.18 AC lot
View details
27 Cottage Rd
FINANCIAL BUILDING

27 Cottage Rd, Millinocket, ME 04462-1903

Estimated value:
$285,000
0.22 AC lot
View details
429 Penobscot Ave
FINANCIAL BUILDING

429 Penobscot Ave, Millinocket, ME 04462-1617

Estimated value:
$280,000
0.11 AC lot
View details
23 Eastland Ave
FINANCIAL BUILDING

23 Eastland Ave, Millinocket, ME 04462-1809

Estimated value:
$190,000
0.14 AC lot
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138 State St
FINANCIAL BUILDING

138 State St, Millinocket, ME 04462-1531

Estimated value:
$270,000
0.14 AC lot
View details
181 Knox St
FINANCIAL BUILDING

181 Knox St, Millinocket, ME 04462-1248

Estimated value:
$80,000
0.18 AC lot
View details
Congress St
CHARITABLE ORGANIZATION

Congress St, Millinocket, ME 04462

Estimated value:
$250,000
1.79 AC lot
View details
92 Katahdin Ave
FINANCIAL BUILDING

92 Katahdin Ave, Millinocket, ME 04462-1334

Estimated value:
$290,000
0.13 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 13 active listings on our real estate platform. These investment opportunities span a total of 58,377 square feet of properties for sale, with an estimated market value of $3,706,600.

Sale prices for business properties in Millinocket, ME start at $79,900, averaging $308,883, and reaching up to $770,000 — 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 $212.5K

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

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