Motor Lodge with
New
For Sale
$770,000
973 Central Street, Millinocket, ME 04462
Commercial Sale, Millinocket, ME
Property Size14,660 SF
Lot Size4.60 Acres
Price / SF$52.52
Days on Market6
Property Features for 973 Central Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HC
Parking features
Other
Lot features
Business District, Near Shopping
Standard status
Active
Size
14,660 SF
Lot size
4.60 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
16705
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Oil, Baseboard
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1958
Number of units
24
Flooring type
Laminate, Carpet, Tile
Building materials
Wood Frame, Wood Siding
Roof type
Membrane
Listing Agency:
CENTURY 21 Queen City Real Estate · Century 21 Real Estate
(207) 942-4618
Listed By:
Dustin Bulley · License #926386,PersonLicenseNumber
(207) 595-2324
Added: Oct 1
Last Checked: Oct 6 at 2:06PM
MLS# 1682691
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.
Set on 4.6 acres along Central Street, this 14,660-square-foot motor lodge contains 24 rooms and includes a tavern and restaurant. The main building also has a vending area, while three detached units at the rear currently serve as a campground bathhouse; these spaces have been identified as possible additions to the guest-room inventory. The building dates to 1958, and carpeting was replaced throughout after the current ownership acquired the property in 2024.
The restaurant has remained leased to the same tenant for decades, and a bar and tavern tenant has a new lease. The site is zoned HC and served by public water and sewer. Millinocket is described as a gateway community to Baxter State Park, Katahdin Woods & Waters National Monument, and the northern end of the Appalachian Trail.
The restaurant has remained leased to the same tenant for decades, and a bar and tavern tenant has a new lease. The site is zoned HC and served by public water and sewer. Millinocket is described as a gateway community to Baxter State Park, Katahdin Woods & Waters National Monument, and the northern end of the Appalachian Trail.
Key Highlights
- 24‑room motor lodge on 4.6 acres
- 14,660‑square‑foot property with tavern and restaurant space
- Three detached rear units currently function as a campground bathhouse
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
38k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Groceries 24%
Shops & Services 21%
Home Improvements & Furnishings 15%
Hannaford
Groceries
9,261 visits/mo
0.3 miles
McDonald's
Dining
8,366 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
5,696 visits/mo
0.4 miles
Dunkin' Donuts
Dining
5,400 visits/mo
0.5 miles
Dollar General
Shops & Services
4,071 visits/mo
0.5 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
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Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Katahdin Inn and Suites — 740 Central St, Millinocket, ME 04462
- Baxter Park Inn — 935 Central St, Millinocket, ME 04462
- Pamola Motor Lodge — 973 Central St, Millinocket, ME 04462
Frequently Asked Questions
What type of property is this?
Motel - The property combines lodging with leased tavern and restaurant space.
Where is this motel located?
The property is located at 973 Central Street Millinocket, ME.
What is the asking price?
The asking price for this property is $770,000.
What are key features of this property?
This property features: 24‑room motor lodge on 4.6 acres; 14,660‑square‑foot property with tavern and restaurant space; Three detached rear units currently function as a campground bathhouse
