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Three-Story Mixed-Use Building
For Sale
$549,900

117 Mill Street, Orono, ME 04473

Multi-Family, Orono, ME

Property Size9,120 SF
Lot Size0.25 Acres
Price / SF$60.30
Days on Market37

Property Features for 117 Mill Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning HDR
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Basement, Bathroom 1
Basement Full, Unfinished
Lot features Open, Level, Sidewalks, Near Shopping, Suburban
Standard status Active
Size 9,120 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8565

Utilities

Sewer type Public Sewer
Heating system Baseboard, Natural Gas, Hot Water(Heating), Zoned
Water source Public

Building Details

Year built 1910
Floors in Building 3
Number of units 2
Flooring type Vinyl, Carpet
Building materials Masonry, Stucco, Vinyl Siding
Roof type Membrane
Additional Structures Outbuilding
Listing Agency: ERA Dawson-Bradford Co. · ERA Real Estate
Listed By: Adrian Nadeau
Added: Jul 16 Changed: Aug 19 Last Checked: Aug 21 at 4:06PM
MLS# 1669977

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This vacant three-story mixed-use building contains 9,120 square feet on a 0.25-acre parcel. Built in 1910, the property features masonry, stucco, and vinyl siding, along with a membrane roof, public water, and public sewer. Recent work includes updated heating systems and foundation reinforcement. Heating is provided by zoned natural-gas hot-water baseboard systems.

The building includes a garage and on-site parking, with public transportation access from its Mill Street location. Its configuration can support residential, office, or commercial applications, subject to local approvals. Residential units include washer and dryer connections, and one unit is furnished. The property is near downtown Orono amenities and the University of Maine.

Key Highlights

  • 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

Property Analytics

Current Use

Seacoast Property Solutions Property Investment Company

Suggested Use

Top Pick Building Supply HVAC Service Nail Salon Big Box & Wholesale Store Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

198
Businesses Nearby

Demographics for 04473, ME

8,070
Population
3,759
Households
2.1
Avg Household Size
28
Median Age
64%
College-Educated
98%
High-School Grad
17.3 sq mi
ZIP Area
466
Density / Sq Mi
$58,893
Median Household Income
$27,016
Median Earnings
$1,146
Median Rent
$217,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Vacant multi-use property with updated heating, reinforced foundation, garage, and on-site parking.
Where is this mixed-use property located?
The property is located at 117 Mill Street Orono, ME.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 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
More about this property
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