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    87 Park St Milo, ME 04463

    New
    For Sale
    $479,000

    COMMERCIAL - Milo, ME

    Property size:
    7,650 SF
    Lot size:
    2.48 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 87 Park St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Parking features
    Off Street
    Interior features
    Storage
    Size
    7,650 SF
    Lot size
    2.48 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Zoned, Heat Pump (Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1980
    Flooring type
    Laminate, Concrete
    Building materials
    Vinyl Siding, Concrete, Block, Masonry, Wood Frame
    Roof type
    Membrane, Flat
    Additional Structures
    Storage

    Realty of Maine (207) 942-6310 [email protected]

    Listing agent Dorothea Perkins (207) 942-6310

    Listing date Dec 11, 2025

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Use Investment Property in Milo

    Located on a high-visibility stretch of Main Street in Milo, this commercial property offers multiple income streams and four-season appeal. The property includes six rental cabins and a commercial building complex. Each cabin is equipped with heat pumps, microwaves, and furnishings, suitable for snowmobilers, ATV riders, or traveling work crews. The cabins offer easy trail access and ample parking for trucks, trailers, and outdoor equipment, making them ideal for weekend visitors, clubs, or long-term renters. The property also features a commercial warehouse, showroom, and multi-bay garage, currently used as a car lot, auto repair shop, retail space, and storage facility. The building is equipped with heat pumps and a waste oil burner for heating. With its flexible layout, high traffic exposure, and Main Street location, this property is suitable for equipment rentals, retail sales, automotive services, recreational outfitting, or expanded lodging. The property is set on a 2.48-acre lot and includes a 7650 square foot building. The property is zoned commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milo
    County
    Piscataquis
    State
    Maine
    Longitude
    -68.989555
    Latitude
    45.262179

    Nearby Similar for Sale

    • $450,000
      4,668 SF

      Milo Restaurant & Brewery - Turnkey Opportunity

      Established restaurant & brewery, immediate revenue potential.
      157 Elm St, Milo, ME 04463
      View Details

    FAQs

    What type of property is this?
    Auto shop - Commercial property with cabins, warehouse, showroom, and garage in Milo.
    Where is this auto shop located?
    The property is located at 87 Park St Milo, ME.
    What is the asking price?
    The asking price for this property is $479,000.
    What are key features of this property?
    This property features: - Multi-use commercial property with established income streams from six rental cabins and a commercial building complex.; - **Prime Main Street location with high visibility and traffic exposure.**; - **Six well-appointed, four-season rental cabins with heat pumps and furnishings**, appealing to snowmobilers, ATV riders, and work crews.
    (207) 942-6310
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    87 Park St Milo, ME 04463
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    87 Park St Milo, ME 04463
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