Renovated Brick
For Sale
$145,000
216 Penobscot Avenue, Millinocket, ME 04462
Commercial Sale, Millinocket, ME
Property Size1,610 SF
Lot Size0.06 Acres
Price / SF$90.06
Days on Market48
Property Features for 216 Penobscot Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
14-Downtown Com Dev
Parking features
On Street
Lot features
Near Airport, Downtown, Business District, Near Shopping
Standard status
Active
Size
1,610 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1755
Building Details
Year built
1921
Listing Agency:
Realty of Maine
(207) 942-6310
Listed By:
Sandi Van Syckle · License #017456
(207) 852-1756
Added: Jul 13
Changed: Aug 20
Last Checked: Aug 29 at 3:06AM
MLS# 1656920
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.
Built in 1921, this 1,610-square-foot storefront at 216 Penobscot Avenue offers a renovated commercial interior with exposed original brick walls, sanded hardwood flooring, upgraded ceilings, and large ceiling fans. Large storefront windows and a glass entry door provide a strong street-facing presence, while a rear entrance adds access from behind the building. The property is zoned 14-Downtown Com Dev.
Two parking spaces are located behind the building. Millinocket provides access to local shopping, dining, fast-food restaurants, a hospital, and an airport, with outdoor recreation including Baxter State Park, lakes, snowmobiling, fishing, hiking, boating, kayaking, and white-water rafting identified within minutes of downtown.
Two parking spaces are located behind the building. Millinocket provides access to local shopping, dining, fast-food restaurants, a hospital, and an airport, with outdoor recreation including Baxter State Park, lakes, snowmobiling, fishing, hiking, boating, kayaking, and white-water rafting identified within minutes of downtown.
Key Highlights
- 1,610‑square‑foot storefront built in 1921
- Renovated interior with exposed original brick walls
- Sanded hardwood flooring ready for finishing
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Millinocket Floral Shop — 97 Penobscot Ave, Millinocket, ME 04462
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront features exposed original brick, hardwood flooring, large display windows, and rear access.
Where is this storefront property located?
The property is located at 216 Penobscot Avenue Millinocket, ME.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 1,610‑square‑foot storefront built in 1921; Renovated interior with exposed original brick walls; Sanded hardwood flooring ready for finishing
