225 Aroostook Ave Millinocket, ME 04462
This exceptional 8,369 square foot commercial property is situated in the heart of downtown Millinocket, Maine. The building, formerly a hardware store, offers a versatile layout suitable for a wide range of businesses. The spacious ground floor is ideal for retail, office, or mixed-use operations, benefiting from high visibility and significant foot traffic in a bustling commercial district. Extensive storage space is available, adaptable for inventory, equipment, or additional workspace. The property boasts modern utilities and updated wiring, ensuring a comfortable and efficient environment. Convenient on-street parking and easy access to major roads add to its appeal. Located near local amenities, this property presents a unique opportunity for businesses seeking a prominent presence in a thriving community. The sale includes a non-compete clause related to the previous hardware store operation. The 0.16-acre lot provides ample space for operations and potential future expansion. This is a chance to establish or expand your business in a revitalizing downtown area.
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Katahdin True Value Building Supply Hardware & Home Improvement
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Levasseur True Value Hardware & Building Supply Building Supply Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.