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Orono, ME

Orono, ME Commercial Real Estate for Sale

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Alton, ME Old Town, ME Bradley, ME Milford, ME Eddington, ME Veazie, ME Clifton, ME Bangor, ME

Three-Story Mixed-Use Property

Updated: Jul 16

Three-Story Mixed-Use Property

117 Mill Street, Orono, ME 04473

$539,900

4,560 sqft 0.25 AC lot

4,560‑square‑foot vacant mixed‑use building on 0.25 acres
Three‑story property originally built in 1910
Updated heating systems and reinforced foundation
Garage and on‑site parking included
Residential units have washer and dryer connections; one unit is furnished

Commercial Land Near Interstate Access

Updated: Jun 22

Commercial Land Near Interstate Access

Stillwater Avenue lot: # 0, Orono, ME 04473

$495,000

25.50 AC lot

25.5‑acre commercial land parcel in Orono, ME
Approximately 500 feet from Interstate 95
Located on Stillwater Avenue
Site clearing completed
Preliminary traffic and drainage reviews undertaken

Commercial Land Development Parcel

Commercial Land Development Parcel

16 Godfrey Drive, Orono, ME 04473

$149,000

3.55 AC lot

Vacant commercial parcel with public water service in an established business corridor.

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

Three-Story Mixed-Use Building

Three-Story Mixed-Use Building

117 Mill Street, Orono, ME 04473

$543,000

4,560 sqft

Vacant property with updated heating, reinforced foundation, garage, parking, and flexible residential, office, or commercial configurations subject to approvals.

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.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Orono, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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 Streamfront Access

Mixed-Use Property with Streamfront Access

77 Main Street, Bradley, ME 04411

$549,000

2,704 sqft 1.16 AC lot

Two residential units accompany commercial space, camper hookups, parking, and a garage on a 1.16-acre commercial parcel.

Mixed-Use Property with Garage

Mixed-Use Property with Garage

77 Main St, Bradley, ME 04411

$549,000

2,704 sqft

Includes rented residential units, commercial space, waterfront camper hookups, parking, and a garage.

Commercial Land Parcel

Commercial Land Parcel

783 Stillwater Avenue, Old Town, ME 04468

$145,000

0.21 AC lot

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

Commercial Land with Utility Access

Commercial Land with Utility Access

783 Stillwater Avenue, Old Town, ME 04468

$145,000

Public water and sewer are available at the street, supporting future site planning.

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

Estimated value:

$340,000

3,436 sqft 0.32 AC lot

15 Ml St

RESTAURANT

15 Ml St, Orono, ME 04473-4034

Estimated value:

$300,000

5,982 sqft 0.09 AC lot

366 Main St

COMMERCIAL (GENERAL)

366 Main St, Orono, ME 04473-3434

Estimated value:

$1,585,000

134.10 AC lot

240 Main St

AUTO REPAIR, GARAGE

240 Main St, Orono, ME 04473

Estimated value:

$325,000

3,650 sqft 0.92 AC lot

12 Stillwater Ave

RESTAURANT

12 Stillwater Ave, Orono, ME 04473-3453

Estimated value:

$305,000

1,904 sqft 1.47 AC lot

16 Godfrey Dr

OFFICE BUILDING

16 Godfrey Dr, Orono, ME 04473-3610

Estimated value:

$1,100,000

20,659 sqft 3.48 AC lot

19 College Ave

GAS STATION

19 College Ave, Orono, ME 04473-4207

Estimated value:

$170,000

1,328 sqft 0.52 AC lot

Hillside Rd

CHARITABLE ORGANIZATION

Hillside Rd, Orono, ME 04473

Estimated value:

$260,000

0.06 AC lot

485 Main St

DEPARTMENT STORE

485 Main St, Orono, ME 04473-3448

Estimated value:

$875,000

13,960 sqft 84.50 AC lot

56 Main St

FINANCIAL BUILDING

56 Main St, Orono, ME 04473-4007

Estimated value:

$285,000

1,404 sqft 0.82 AC lot

20 Water St

MANUFACTURING (LIGHT)

20 Water St, Orono, ME 04473-4069

Estimated value:

$515,000

6,384 sqft 0.73 AC lot

4 Godfrey Dr

HOTEL

4 Godfrey Dr, Orono, ME 04473-3610

Estimated value:

$5,060,000

64,551 sqft 5.11 AC lot

1 Ayers Is

INDUSTRIAL - VACANT LAND

1 Ayers Is, Orono, ME 04473-3870

Estimated value:

$200,000

62.00 AC lot

154 Park St

RESTAURANT

154 Park St, Orono, ME 04473-4600

Estimated value:

$295,000

3,246 sqft 0.31 AC lot

130 Kelley Rd

COMMERCIAL (GENERAL)

130 Kelley Rd, Orono, ME 04473

Estimated value:

$325,000

5.58 AC lot

Kelley Rd

VACANT COMMERCIAL LAND

Kelley Rd, Orono, ME 04473

Estimated value:

$90,000

6.84 AC lot

9 Godfrey Dr

COMMERCIAL (GENERAL)

9 Godfrey Dr, Orono, ME 04473

Estimated value:

$370,000

1.73 AC lot

38 Main St

OFFICE/RESIDENTIAL (MIXED USE)

38 Main St, Orono, ME 04473-4006

Estimated value:

$325,000

7,739 sqft 0.09 AC lot

3 Godfrey Dr

OFFICE BUILDING

3 Godfrey Dr, Orono, ME 04473-3607

Estimated value:

$2,610,000

55,449 sqft 14.21 AC lot

Orono, ME Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Orono, ME, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 163,758 square feet of properties for sale, with an estimated market value of $1,726,900.

Sale prices for business properties in Orono, ME start at $149,000, averaging $431,725, and reaching up to $543,000 — 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	$432.5K

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

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