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Brick Downtown Storefront
For Sale
$79,900

204 Penobscot Avenue, Millinocket, ME 04462

An adaptable interior includes a service counter, private offices, and rear parking.

Property Size1,115 SF
Price / SF$71.66
Days on Market121

Property Features for 204 Penobscot Avenue

General Information

Standard status Active
Size 1,115 SF
Total Parking Spaces 2
Property subtype Commercial
Zoning 14

Additional Details

Road Access Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $1,102

Amenities

full bathroom with shower
attached storage shed
large safe

Building Details

Building Size 1,115 SF
Year Built 1910
Buildings 1
Stories 1
Construction brick
Listing Agency: ERA Dawson-Bradford Co.
Listed By: Adrian Nadeau
Source: Amerorealty
Added: Jul 9 Changed: Oct 31 Last Checked: Nov 6 at 2:31AM

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 ERA Dawson-Bradford Co.

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Investment Insights

Based on property information with market context.

Built in 1910, this brick storefront contains 1,115 square feet arranged with an open area, service counter, and two private offices. A full bathroom with shower, attached storage shed, and large safe are also part of the property. The layout can support retail or professional office use, subject to local code approval.

The building is at 204 Penobscot Avenue in downtown Millinocket, across from the Millinocket Town Office. Two dedicated parking spaces are located behind the building. The property carries zoning designation 14.

Key Highlights

  • 1,115 square feet of commercial space
  • 1910 brick building on Penobscot Avenue in downtown Millinocket
  • Open interior with service counter and two private offices

Property Analytics

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Open Analytics

Current Use

Millinocket Insurance Agency Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Pharmacy Hair Salon

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

300
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 58% Home Improvements & Furnishings 42%
Katahdin True Value Home Improvements & Furnishings
1,862 visits/mo 0.1 miles
KeyBank Shops & Services
1,660 visits/mo 0.0 miles
Bangor Savings Bank Shops & Services
949 visits/mo 0.0 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Storefront properties in Penobscot County, ME

$89.5 Jul
$161 Aug
$126 Sep
$107 Oct

Properties on Market for Storefront properties in Penobscot County

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Millinocket Floral Shop — 97 Penobscot Ave, Millinocket, ME 04462

Frequently Asked Questions

What type of property is this?
Storefront property - An adaptable interior includes a service counter, private offices, and rear parking.
Where is this storefront property located?
The property is located at 204 Penobscot Avenue Millinocket, ME.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: 1,115 square feet of commercial space; 1910 brick building on Penobscot Avenue in downtown Millinocket; Open interior with service counter and two private offices
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