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    Orono, ME

    Orono, ME Commercial Real Estate for Sale

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    Old Town, ME Bradley, ME Milford, ME Bangor, ME Eddington, ME Brewer, ME Glenburn, ME Harmony, ME
    7 properties
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    Three-Story Mixed-Use Property
    Updated: Jul 16
    Three-Story Mixed-Use Property

    117 Mill Street, Orono, ME 04473

    $549,900
    4,560 sqft 0.25 AC lot
    4,560 square feet on a 0.25‑acre parcel
    Vacant three‑story building with HDR zoning
    Updated heating systems and reinforced foundation
    Garage with ample on‑site parking
    Residential units include washer and dryer connections; one unit is furnished
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    This listing looks promising.

    Here's a quick look at some key insights for

    117 Mill Street, Orono, ME 04473

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    • Est. Cap Rate

      5.9%
      Above avg (5.9%)

    • Est. NOI

      $33K
      Annual

    • Mortgage

      $300K
      Jun 2019

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1910
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    Three-Story Mixed-Use Building
    Updated: Jul 16
    Three-Story Mixed-Use Building

    117 Mill Street, Orono, ME 04473

    $549,900
    9,120 sqft 0.25 AC lot
    9,120‑square‑foot vacant three‑story mixed‑use building
    0.25‑acre parcel with a garage and on‑site parking
    Built in 1910; foundation reinforcement and updated heating systems
    Zoned natural‑gas hot‑water baseboard heating
    Residential units include washer and dryer connections; one unit is furnished
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    Commercial Land with Interstate Access
    Commercial Land with Interstate Access

    Stillwater Avenue lot: # 0, Orono, ME 04473

    $495,000
    25.50 AC lot

    Cleared commercial acreage with preliminary traffic and drainage reviews completed.

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    Orono Commercial Development Opportunity
    Orono Commercial Development Opportunity

    16 GODFREY DR, Orono, ME 04473

    Contact for pricing
    154,638 sqft 3.55 AC lot

    3.55 acre commercial lot in Orono's business corridor.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Commercial Land Parcel
    Commercial Land Parcel

    16 Godfrey Drive, Orono, ME 04473

    $149,000
    3.55 AC lot

    Vacant commercial parcel with public water in Orono’s Godfrey Drive business corridor.

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    Vacant Three-Story Mixed-Use Building
    Vacant Three-Story Mixed-Use Building

    117 Mill Street, Orono, ME 04473

    Contact for pricing
    4,560 sqft

    Vacant three-story building on Mill Street with updated heating, reinforced foundation, and in-unit washer/dryer connections.

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    Commercial Land with Garage
    Commercial Land with Garage

    485 Main Street, Orono, ME 04473

    $1,500,000

    C-2-zoned acreage includes an existing garage and office building near I-95.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Orono, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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 on Stillwater Avenue
    Commercial Land on Stillwater Avenue

    783 Stillwater Avenue, Old Town, ME 04468

    $145,000
    0.21 AC lot

    Commercially zoned land with high visibility and traffic.

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    Commercial Land with Street Utilities
    Commercial Land with Street Utilities

    783 Stillwater Avenue, Old Town, ME 04468

    $145,000

    Commercially zoned parcel with public water and sewer available at the street.

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    Retail Investment Property
    Retail Investment Property

    56 Bangor Mall Blvd, Bangor, ME 04401

    Contact for pricing

    Retail property available for sale with 3,295 SF of space and a stated 4.75% cap rate.

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    Prime Land I-95 Visibility
    Prime Land I-95 Visibility

    Springer Dr, Bangor, ME 04401

    Contact for pricing
    4.00 AC lot

    Raw land for sale in Bangor Mall shopping district.

    View details

    Off-Market Properties in Orono, ME

    Consider similar Off-Market properties in Orono, 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.

    72 Main St
    OFFICE BUILDING

    72 Main St, Orono, ME 04473-4007

    $340,000
    Estimated value
    3,436 sqft 0.32 AC lot
    View details
    15 Ml St
    RESTAURANT

    15 Ml St, Orono, ME 04473-4034

    $300,000
    Estimated value
    5,982 sqft 0.09 AC lot
    View details
    366 Main St
    COMMERCIAL (GENERAL)

    366 Main St, Orono, ME 04473-3434

    $1,585,000
    Estimated value
    134.10 AC lot
    View details
    240 Main St
    AUTO REPAIR, GARAGE

    240 Main St, Orono, ME 04473

    $325,000
    Estimated value
    3,650 sqft 0.92 AC lot
    View details
    12 Stillwater Ave
    RESTAURANT

    12 Stillwater Ave, Orono, ME 04473-3453

    $305,000
    Estimated value
    1,904 sqft 1.47 AC lot
    View details
    16 Godfrey Dr
    OFFICE BUILDING

    16 Godfrey Dr, Orono, ME 04473-3610

    $1,100,000
    Estimated value
    20,659 sqft 3.48 AC lot
    View details
    19 College Ave
    GAS STATION

    19 College Ave, Orono, ME 04473-4207

    $170,000
    Estimated value
    1,328 sqft 0.52 AC lot
    View details
    Hillside Rd
    CHARITABLE ORGANIZATION

    Hillside Rd, Orono, ME 04473

    $260,000
    Estimated value
    0.06 AC lot
    View details
    485 Main St
    DEPARTMENT STORE

    485 Main St, Orono, ME 04473-3448

    $875,000
    Estimated value
    13,960 sqft 84.50 AC lot
    View details
    56 Main St
    FINANCIAL BUILDING

    56 Main St, Orono, ME 04473-4007

    $285,000
    Estimated value
    1,404 sqft 0.82 AC lot
    View details
    20 Water St
    MANUFACTURING (LIGHT)

    20 Water St, Orono, ME 04473-4069

    $515,000
    Estimated value
    6,384 sqft 0.73 AC lot
    View details
    4 Godfrey Dr
    HOTEL

    4 Godfrey Dr, Orono, ME 04473-3610

    $5,060,000
    Estimated value
    64,551 sqft 5.11 AC lot
    View details
    1 Ayers Is
    INDUSTRIAL - VACANT LAND

    1 Ayers Is, Orono, ME 04473-3870

    $200,000
    Estimated value
    62.00 AC lot
    View details
    154 Park St
    RESTAURANT

    154 Park St, Orono, ME 04473-4600

    $295,000
    Estimated value
    3,246 sqft 0.31 AC lot
    View details
    130 Kelley Rd
    COMMERCIAL (GENERAL)

    130 Kelley Rd, Orono, ME 04473

    $325,000
    Estimated value
    5.58 AC lot
    View details
    Kelley Rd
    VACANT COMMERCIAL LAND

    Kelley Rd, Orono, ME 04473

    $90,000
    Estimated value
    6.84 AC lot
    View details
    9 Godfrey Dr
    COMMERCIAL (GENERAL)

    9 Godfrey Dr, Orono, ME 04473

    $370,000
    Estimated value
    1.73 AC lot
    View details

    Orono, ME Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Orono, ME, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 172,878 square feet of properties for sale, with an estimated market value of $3,243,800.

    Sale prices for business properties in Orono, ME start at $149,000, averaging $648,760, and reaching up to $1,500,000 — 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 12K
    Population Growth (5Y) +2.9%
    Median Household Income $58,893

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    04473 $349.8K

    Taxes & Financing

    Tax Rate (average for all types) 2.34%
    Property Tax per SF $41.89 per SF
    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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