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Mixed-Use Building with Showroom
For Sale
$148,500

96 Penobscot Avenue, Millinocket, ME 04462

Three-story commercial building with street-facing showroom space and upper-level infrastructure for apartments or offices.

Property Size8,800 SF
Days on Market537

Property Features for 96 Penobscot Avenue

General Information

Standard status Active
Size 8,800 SF
Property subtype Commercial
Zoning DC

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $4,292

Building Details

Building Size 8,800 SF
Buildings 1
Stories 3
Listing Agency: North Woods Real Estate, LLC
Listed By: James Plourde
Source: Startpoint
Added: Feb 21, 2025 Changed: Aug 12 Last Checked: Aug 12 at 5:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of North Woods Real Estate, LLC

Investment Insights

Based on property information with market context.

This three-story mixed-use building includes a prominent showroom oriented toward Main Street, along with a spacious room at the rear. The two upper floors contain infrastructure intended to support apartment or office layouts, providing flexibility for continued commercial use or a combination of uses.

The property is located at 96 Penobscot Avenue in Millinocket, within the Katahdin region. DC zoning is identified for the property. The existing configuration includes street-level display space, additional rear area, and two elevated floors that can be divided or configured according to the selected use.

Key Highlights

  • Three‑story mixed‑use building at 96 Penobscot Avenue, Millinocket, ME 04462
  • Showroom positioned toward Main Street
  • Large rear room provides additional interior area

Property Analytics

Current Use

Katahdin Institute High School

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Pharmacy Kitchen & Bath Showroom Plumbing Service

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

294
Businesses Nearby

Demographics for 04462, ME

4,411
Population
3,302
Households
1.3
Avg Household Size
56
Median Age
20%
College-Educated
96%
High-School Grad
702.8 sq mi
ZIP Area
6
Density / Sq Mi
$44,167
Median Household Income
$23,295
Median Earnings
$553
Median Rent
$89,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story commercial building with street-facing showroom space and upper-level infrastructure for apartments or offices.
Where is this mixed-use property located?
The property is located at 96 Penobscot Avenue Millinocket, ME.
What is the asking price?
The asking price for this property is $148,500.
What are key features of this property?
This property features: Three‑story mixed‑use building at 96 Penobscot Avenue, Millinocket, ME 04462; Showroom positioned toward Main Street; Large rear room provides additional interior area
More about this property
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