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Mixed-Use Property with Restaurant
For Sale
$399,900

20 Park Street, Milo, ME 04463

Commercial-zoned building combining restaurant, convenience retail, bar, and flexible recreation space in one property.

Property Size3,900 SF
Price / SF$102.54
Days on Market193

Property Features for 20 Park Street

General Information

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

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $6,339

Amenities

Heat Pump
Radiator, Heat Pump
1
Vinyl, Heavy Duty, Concrete
Yes
Storage
Concrete Perimeter, Slab, Brick/Mortar
48+ Inch Halls, Level Entry
.00
Metal, Shingle
Vinyl Siding, Wood Frame

Building Details

Year Built 1998
Listing Agency: Realty of Maine
Listed By: Dorothea Perkins
Source: Compass
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 2:02AM

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.

This 3,900-square-foot mixed-use property, built in 1998, combines several commercial components within one building. The layout includes a full-service restaurant, convenience store, ice cream service window, full bar, and pool room. The pool room may also function as event space. A propane dispensary and storage areas add further operational components. Interior features include heat pump and radiator systems, vinyl and concrete finishes, and level entry with halls measuring 48 inches or more. The building has a concrete perimeter, slab, and brick/mortar foundation elements, with a wood-frame structure and vinyl siding beneath metal and shingle roofing.

The property is located at 20 Park Street in Milo, Maine, and carries Commercial zoning. On-site parking is included. Its existing combination of food service, retail, beverage, recreation, and propane-related facilities supports continued use as a multi-component commercial property or a reconfigured concept, subject to applicable approvals.

Key Highlights

  • 3,900‑square‑foot mixed‑use commercial building
  • Full‑service restaurant, convenience store, ice cream window, and full bar
  • Pool room with potential event‑space use

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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial-zoned building combining restaurant, convenience retail, bar, and flexible recreation space in one property.
Where is this mixed-use property 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: 3,900‑square‑foot mixed‑use commercial building; Full‑service restaurant, convenience store, ice cream window, and full bar; Pool room with potential event‑space use
More about this property
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