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Restaurant with Three-Bedroom Apartment
For Sale
$399,900

66 Park Street, Milo, ME 04463

Main-level dining space is paired with an upstairs apartment for owner, staff, or rental use.

Property Size4,390 SF
Price / SF$91.09
Days on Market99

Property Features for 66 Park Street

General Information

Standard status Active
Size 4,390 SF
Property subtype Commercial
Lease Term []

Additional Details

Business Included Yes

Building Details

Year Built 1955
Listing Agency: Dewitt-Jones Realty
Listed By: Donna Jones
Source: Portsiderealestategroup
Added: May 24 Changed: Aug 29 Last Checked: Aug 26 at 1:07PM

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 Dewitt-Jones Realty

Investment Insights

Based on property information with market context.

This conventional restaurant property includes an operating eat-in restaurant on the main level and a three-bedroom apartment above. The current configuration combines commercial dining space with an additional residential component, allowing the upstairs area to serve as a residence, staff housing, or rental accommodation as supported by the existing layout.

Built in 1955, the property is located at 66 Park St in Milo, Maine. Its setting near ATV and snowmobile trails connects the restaurant to established outdoor recreation routes and supports year-round relevance for local diners and trail users.

Key Highlights

  • Operating eat‑in restaurant with main‑level dining space
  • Three‑bedroom apartment located above the restaurant
  • Upstairs residential space may support owner, staff, or rental use

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store HVAC Service Auto Repair Shop Storage Facility Grocery & Convenience Store

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

119
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
4,376 visits/mo 0.1 miles
Family Dollar Shops & Services
3,423 visits/mo 0.2 miles
Carquest Auto Parts Shops & Services
766 visits/mo 0.4 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?
Conventional restaurant - Main-level dining space is paired with an upstairs apartment for owner, staff, or rental use.
Where is this conventional restaurant located?
The property is located at 66 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: Operating eat‑in restaurant with main‑level dining space; Three‑bedroom apartment located above the restaurant; Upstairs residential space may support owner, staff, or rental use
More about this property
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