Motel

Millinocket, ME Motels for Sale

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East Millinocket, ME Grindstone Twp, ME Molunkus Twp, ME Milo, ME Lake View Plt, ME Mattawamkeag, ME Woodville, ME Seboeis Plt, ME
Motor Lodge with Tavern
Updated: Oct 1
Motor Lodge with Tavern

973 Central Street, Millinocket, ME 04462

$770,000
14,660 sqft 4.60 AC lot
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
Restaurant space has been leased to the same tenant for decades
HC zoning; public water and public sewer
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Pamola Motor Lodge Motel
Updated: Oct 4
Pamola Motor Lodge Motel

973 Central St, Millinocket, ME 04462

$770,000
14,660 sqft
24‑room motel with interior and exterior corridors
4.6‑acre site on Central Street in Millinocket
Restaurant space has been leased to the same tenant for decades
New lease in place with a bar and tavern operator
Vending area and three detached bathhouse structures could support a total of 28 rooms
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Millinocket, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Motel with Cottages
Motel with Cottages

29 Saco Avenue, Old Orchard Beach, ME 04064

$3,400,000
7,100 sqft 1.30 AC lot

Nine cottages with mini-kitchens sit alongside nine motel rooms and a three-bedroom owner’s residence.

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Motel with Kitchenette Rooms
Motel with Kitchenette Rooms

12 Heath Street, Old Orchard Beach, ME 04064

$3,500,000
5,344 sqft 0.70 AC lot

A 26-room lodging property near a five-mile sandy beach, with several guest-room layouts.

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Dean's Motor Lodge with Restaurant
Dean's Motor Lodge with Restaurant

2075 Portage Rd, Portage Lake, ME 04768

$698,500
8,010 sqft

Hospitality property combining overnight lodging, food service, and access to Northern Maine recreation.

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Lakefront Motel With Restaurant
Lakefront Motel With Restaurant

2075 Portage Road, Portage Lake, ME 04768

$698,500
8,010 sqft 1.24 AC lot

Hospitality property combining guest lodging, restaurant service, private-event capacity, and direct access to regional recreation.

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Millinocket, ME Motels Market Trends and Statistics

Explore 2 motels for sale in Millinocket, ME on our real estate platform. These investment opportunities span a total of 29,320 square feet of properties for sale, with an estimated market value of $1,540,000.

Sale prices for motels in Millinocket, ME average $770,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 4,462
Population Growth (5Y) -3.4%
Median Household Income $44,167
College Educated 26.4%

Taxes & Financing

Tax Rate (average for all types) 2.91%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Penobscot County

New Delisted

Total CRE Inventory on Market (SF)

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