Restaurants

Millinocket, ME Restaurants 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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See hot listings in Millinocket

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 9 Potential Opportunities for your consideration. Besides 2 Active listings in Millinocket, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

Established Conventional Restaurant
Established Conventional Restaurant

2 Founders Street, Patten, ME 04765

$299,000
1,956 sqft 0.11 AC lot

Community restaurant with storage, public utilities, and access to regional outdoor recreation routes.

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Established Conventional Restaurant
Established Conventional Restaurant

2 Founders St, Patten, ME 04765

$299,000
1,956 sqft

Restaurant business serving local patrons and visitors near regional outdoor recreation routes.

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Updated Restaurant Building
Updated Restaurant Building

387 & 377 Main Street, Mattawamkeag, ME 04459

$89,900
900 sqft 1.42 AC lot

The property includes two lots with updated building and restaurant equipment.

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Updated Restaurant Building
Updated Restaurant Building

387377 387 & 377 Main St, Mattawamkeag, ME 04459

$89,900
900 sqft

Restaurant property with two lots and improvements to the building and equipment.

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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 utilities in downtown Millinocket, Maine.

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Downtown Commercial Land
Downtown Commercial Land

75 Penobscot Avenue, Millinocket, ME 04462

$179,900
0.31 AC lot

Cleared development parcel with a cement pad and public water and sewer service.

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Commercial Land with Gravel Pad
Commercial Land with Gravel Pad

5 Grindstone Road, Medway, ME 04460

$124,900
1.46 AC lot

Commercial zoning, utility access, and an existing gravel pad support future site planning.

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Millinocket, ME Restaurants Market Trends and Statistics

Explore 2 restaurants 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 restaurant properties 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 2
Conventional restaurants 1

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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