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    Millinocket, ME
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    Millinocket, ME Office Buildings for Sale

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    Grindstone Twp, ME East Millinocket, ME Seboeis Plt, ME Milo, ME Mattawamkeag, ME Woodville, ME Lake View Plt, ME Winn, ME
    Renovated Downtown Office Building
    Updated: May 8
    Renovated Downtown Office Building

    158 Penobscot Avenue, Millinocket, ME 04462

    $249,900
    1,533 sqft 0.05 AC lot
    Fully renovated office building with over 1,500 sq. ft. on Penobscot Avenue in downtown Millinocket
    Layout includes reception area, three private offices, and kitchen area
    Six heat pumps provide climate control; heated with baseboard and electric heat
    Month‑to‑month triple‑net lease in place; tenant plans to vacate mid‑2026
    Off‑street parking available with convenient public parking directly adjacent (owned by the Town of Millinocket)
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    This listing looks promising.

    Here's a quick look at some key insights for

    158 Penobscot Avenue, Millinocket, ME 04462

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $22K
      Annual

    • Price @ 7% Cap

      $310K
      Above asking
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    Commercial Office Building
    Updated: Jun 23
    Commercial Office Building

    899 Central Street, Millinocket, ME 04462

    $550,000
    8,322 sqft 3.13 AC lot
    Commercial office building
    8,322 square feet of space
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Millinocket, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Passive Solar Office and Medical Building
    Passive Solar Office and Medical Building

    1570 Broadway, Bangor, ME 04401

    $850,000
    6,170 sqft 5.76 AC lot

    Two-level office/medical layout with multiple suites, bathrooms on both floors, and parking for 40+ vehicles.

    View details
    Passive Solar Office/Medical Building
    Passive Solar Office/Medical Building

    1570 Broadway, Bangor, ME 04401

    $850,000
    6,170 sqft 1.83 AC lot

    Unique office/medical building with passive solar design and versatile floorplan.

    View details
    Commercial Building with Indoor Gym
    Commercial Building with Indoor Gym

    Dover Foxcroft, ME 04426

    $750,000
    1.50 AC lot

    Expansive commercial building with a large, well-maintained gym and flexible floor plan for a range of uses.

    View details
    Two-Level Retail Storefront
    Two-Level Retail Storefront

    Dover Foxcroft, ME 04426

    $145,500
    0.33 AC lot

    Storefront property with first-floor open space and second-floor storage, supported by on-street and off-street parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Lot on Main Street
    Vacant Lot on Main Street

    75 Penobscot Avenue, Millinocket, ME 04462

    $179,900
    0.31 AC lot

    Vacant 0.31-acre lot with cement pad in Millinocket, ME.

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    Land For Sale, Castine, ME
    Land For Sale, Castine, ME

    M17 L15 Perkins Street, Castine, ME 04421

    $795,000
    1.00 AC lot

    One acre of land for sale in Castine, Maine.

    View details
    Corner Commercial Development Lot
    Corner Commercial Development Lot

    595-597 Civic Center Drive, Augusta, ME 04330

    $875,000
    2,572 sqft 1.10 AC lot

    PD-zoned commercial land with existing buildings, public water and sewer available, and multiple approved use categories.

    View details
    Augusta Land Ready to Develop
    Augusta Land Ready to Develop

    450 W River Road, Augusta, ME 04330

    $199,000
    51.00 AC lot

    50+ acre parcel near I-95 and MaineGeneral Medical Center.

    View details

    Millinocket, ME Office Buildings Market Trends and Statistics

    Explore 2 office buildings for sale in Millinocket, ME on our real estate platform. These investment opportunities span a total of 9,855 square feet of properties for sale, with an estimated market value of $799,900.

    Sale prices for office properties in Millinocket, ME start at $249,900, averaging $399,950, and reaching up to $550,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 3
    Office buildings 2

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Millinocket submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04462 $400K

    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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