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Conventional Restaurant With Bar
For Sale
$399,900

20 Park Street, Milo, ME 04463

Multi-use commercial layout includes convenience retail, ice cream service, and a pool room.

Property Size3,900 SF
Days on Market176

Property Features for 20 Park Street

General Information

Standard status Active
Size 3,900 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $6,339

Building Details

Building Size 3,900 SF
Year Built 1998
Stories 1
Listing Agency: Realty of Maine
Listed By: Dorothea Perkins
Source: Startpoint
Added: Feb 27 Changed: Aug 21 Last Checked: Aug 21 at 2:30PM

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 Realty of Maine

Investment Insights

Based on property information with market context.

Located at 20 Park Street, this 1998-built commercial property combines a full-service restaurant with convenience retail, a walk-up ice cream service area, a full bar, and a pool room. The pool room is also configured for potential event use. A propane dispensary adds another established component to the property’s operating mix.

The site includes on-site parking and is identified for Commercial zoning. Its broad configuration supports continued restaurant operations, retail use, beverage service, and flexible gathering space within one property.

Key Highlights

  • 1998‑built conventional restaurant property at 20 Park Street
  • Full‑service restaurant with convenience store component
  • Includes ice cream window, full bar, and pool room

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Real Estate Agency (Bike/Boat/Book/etc) Store Storage Facility Big Box & Wholesale Store Cafe & Coffee Shop

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby
11k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 80% Dining 20%
Citgo Shops & Services
4,376 visits/mo 0.2 miles
Family Dollar Shops & Services
3,423 visits/mo 0.1 miles
Krispy Krunchy Chicken Dining
2,094 visits/mo 0.3 miles
Carquest Auto Parts Shops & Services
766 visits/mo 0.1 miles

Demographics for 04463, ME

2,766
Population
1,950
Households
1.4
Avg Household Size
48
Median Age
19%
College-Educated
94%
High-School Grad
144.6 sq mi
ZIP Area
19
Density / Sq Mi
$58,693
Median Household Income
$36,188
Median Earnings
$942
Median Rent
$100,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Multi-use commercial layout includes convenience retail, ice cream service, and a pool room.
Where is this conventional restaurant located?
The property is located at 20 Park Street Milo, ME.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1998‑built conventional restaurant property at 20 Park Street; Full‑service restaurant with convenience store component; Includes ice cream window, full bar, and pool room
More about this property
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