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    Orono, ME
    Short Term Rental

    Orono, ME Short Term Rental Properties for Sale

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    Old Town, ME Bradley, ME Milford, ME Bangor, ME Eddington, ME Glenburn, ME Haynesville, ME Harmony, ME
    Vacant Three-Story Multifamily Building
    Updated: Jul 16
    Vacant Three-Story Multifamily Building

    117 Mill Street, Orono, ME 04473

    $599,900
    4,560 sqft 0.25 AC lot
    Vacant three‑story multi‑use building in Orono, providing flexibility for residential, office, and commercial uses (subject to local approvals).
    Year built 1910 with masonry, stucco, and vinyl siding exterior and a membrane roof.
    Utilities include public water and public sewer.
    Heating includes zoned hot water (natural gas) and baseboard systems.
    Recent improvements include updated heating systems and a reinforced foundation.
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    This listing looks promising.

    Here's a quick look at some key insights for

    117 Mill Street, Orono, ME 04473

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $38K
      Annual

    • Mortgage

      $300K
      Jun 2019

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1910
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    Three-Story Multifamily with Parking
    Updated: Jul 16
    Three-Story Multifamily with Parking

    117 Mill Street, Orono, ME 04473

    $599,900
    9,120 sqft 0.25 AC lot
    Vacant three‑story multi‑use building in Orono, offering flexible residential, office, and commercial configurations (subject to local approvals)
    Updated heating systems with zoned baseboard heat using natural gas and hot water heating
    Reinforced foundation reported; public utilities include public water and public sewer
    Roof is membrane; exterior materials include masonry, stucco, and vinyl siding
    Includes in‑unit washer and dryer connections, and one unit offered furnished
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Orono, 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.

    Renovated Triplex Income Property
    Renovated Triplex Income Property

    34 Western Avenue, Waterville, ME 04901

    $389,900
    2,741 sqft 0.40 AC lot

    Three fully renovated, furnished apartments with in-building laundry and smart lock self-check-in.

    View details
    Turnkey Mixed-Use Investment Opportunity
    Turnkey Mixed-Use Investment Opportunity

    59 Main St, Waterville, ME 04901

    $559,900
    3,396 sqft

    Renovated mixed-use property with retail and short-term rental income.

    View details
    Mixed-Use Commercial Building
    Mixed-Use Commercial Building

    Ellsworth, ME 04605

    $950,000
    7,488 sqft

    Historic building with ground-floor retail, additional retail frontage, and second-floor rental opportunities plus partially finished dry basement.

    View details
    Duplex Income Property with Barn
    Duplex Income Property with Barn

    Ellsworth, ME 04605

    $339,000
    2,039 sqft

    Two self-contained living areas with kitchens and bedrooms, plus an attached barn with a garage underneath.

    View details

    Orono, ME Short Term Rental Properties Market Trends and Statistics

    Explore 2 short term rental properties for sale in Orono, ME on our real estate platform. These investment opportunities span a total of 13,680 square feet of properties for sale, with an estimated market value of $1,199,800.

    Sale prices for short term rental properties in Orono, ME start at $599,900, averaging $599,900, and reaching up to $599,900 — 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

    Duplexes 2
    Triplexes 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +2.9%
    Median Household Income $58,893

    Taxes & Financing

    Tax Rate (average for all types) 2.34%
    Property Tax per SF $41.89 per SF
    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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