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Restaurant Building with Convenience Store
For Sale
$399,900

20 Park Street, Milo, ME 04463

COMMERCIAL - Milo, ME

Property Size3,900 SF
Lot Size0.81 Acres
Price / SF$102.54
Days on Market120

Property Features for 20 Park Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Interior features Storage
Lot features Downtown, Near Shopping
Standard status Active
Size 3,900 SF
Lot size 0.81 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6339

Utilities

Sewer type Public Sewer
Heating system Propane (Heating), Other (Heating), Heat Pump (Heating), Electric (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1998
Flooring type Heavy duty, Vinyl, Concrete
Building materials Wood Frame, Vinyl Siding
Roof type Shingle, Metal
Additional Structures Storage
Listing Agency: Realty of Maine
Listed By: Dorothea Perkins
Added: Apr 15 Changed: Aug 4 Last Checked: Aug 12 at 9:06AM
MLS# 1653147

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.

Restaurant building with a convenience-store component located at 20 Park Street in Milo, ME. The property has housed a multi-use operation that includes a full-service restaurant, a convenience store, an ice cream window, a full bar, and a pool room. The layout is described as flexible, with the ice cream window, bar, and pool room supporting multiple uses, including the potential for event space.

Additional on-site amenities include a propane dispensary. The building includes storage, concrete and heavy-duty flooring, and a vinyl siding and wood frame exterior with a metal and shingle roof. Heating is provided by heat pump (heating), propane (heating), and electric (heating), with cooling via heat pump.

The site totals 0.81 acres and includes 3,900 square feet of space, served by public water and public sewer. The property is presented as high-visibility and well accessible, with ample on-site parking.

Key Highlights

  • 3,900 SF restaurant building with storage and flexible, multi‑use layout
  • 0.81‑acre site with ample on‑site parking at 20 Park Street
  • Commercial zoning in Milo, ME

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 - Commercial-zoned restaurant building built in 1998 with public utilities, storage, and on-site parking at 20 Park Street.
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: 3,900 SF restaurant building with storage and flexible, multi‑use layout; 0.81‑acre site with ample on‑site parking at 20 Park Street; Commercial zoning in Milo, ME
More about this property
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