Downtown Mixed-Use
New
For Sale
$119,000
202 Penobscot Avenue, Millinocket, ME 04462
Commercial Sale, Millinocket, ME
Property Size2,067 SF
Lot Size0.06 Acres
Price / SF$57.57
Days on Market3
Property Features for 202 Penobscot Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
See Town
Rooms
Basement
Parking features
On Street, Other
Interior features
Storage
Basement
Dirt Floor, Unfinished
Lot features
Downtown, Business District, Retail Strip
Standard status
Active
Size
2,067 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1610
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Water front features
Stream, Lake
Water front
1
Building Details
Year built
1916
Number of units
2
Flooring type
Carpet, Vinyl, Wood
Building materials
Wood Frame, Vinyl Siding, Wood Siding
Roof type
Metal, Shingle
Additional Structures
Storage
Listing Agency:
Acres Away, Inc.
(207) 794-2700
Listed By:
Alan Staples · License #924109
(239) 398-0261
Added: Sep 17
Last Checked: Sep 19 at 11:06AM
MLS# 1681055
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.
Located at 202 Penobscot Avenue, this mixed-use property contains 2,067 square feet across two levels on a 0.06-acre lot. The first floor is arranged as professional office space, with prior use by an accounting firm and newspaper agency. The upper level includes a one-bedroom apartment, creating a combined commercial and residential configuration.
The building dates to 1916 and features wood-frame construction with vinyl and wood siding, carpet, vinyl, and wood flooring, baseboard heat, and storage space. Public water and public sewer serve the property. Metal and shingle roofing are present, while parking is available on the street. The property is positioned along Penobscot Avenue in downtown Millinocket, near established businesses, restaurants, shops, and professional services.
The building dates to 1916 and features wood-frame construction with vinyl and wood siding, carpet, vinyl, and wood flooring, baseboard heat, and storage space. Public water and public sewer serve the property. Metal and shingle roofing are present, while parking is available on the street. The property is positioned along Penobscot Avenue in downtown Millinocket, near established businesses, restaurants, shops, and professional services.
Key Highlights
- 2,067‑square‑foot mixed‑use building on 0.06 acres
- Two‑level layout with professional office space and a one‑bedroom apartment
- First‑floor space previously used by an accounting firm and newspaper agency
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combining professional office space with a one-bedroom apartment in downtown Millinocket.
Where is this mixed-use property located?
The property is located at 202 Penobscot Avenue Millinocket, ME.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: 2,067‑square‑foot mixed‑use building on 0.06 acres; Two‑level layout with professional office space and a one‑bedroom apartment; First‑floor space previously used by an accounting firm and newspaper agency
