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Millinocket, ME Storefront Properties for Sale

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East Millinocket, ME Medway, ME Molunkus Twp, ME Milo, ME Lake View Plt, ME Mattawamkeag, ME Woodville, ME Seboeis Plt, ME
Renovated Brick Storefront
Updated: Jul 13
Renovated Brick Storefront

216 Penobscot Avenue, Millinocket, ME 04462

$145,000
1,610 sqft 0.06 AC lot
1,610‑square‑foot storefront built in 1921
Renovated interior with exposed original brick walls
Sanded hardwood flooring ready for finishing
Large storefront windows and glass entry door
Two parking spaces behind the building with rear entry
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Downtown Brick Storefront
Updated: Jul 9
Downtown Brick Storefront

204 Penobscot Avenue, Millinocket, ME 04462

$99,900
1,115 sqft 0.06 AC lot
1,115‑square‑foot storefront on a 0.06‑acre parcel
Downtown location on Penobscot Avenue across from the Millinocket Town Office
Open layout with service counter and two private offices
1910 construction with masonry and brick exterior materials
Full bathroom with shower, attached storage shed, and large safe
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Commercial Storefront with Flexible Use
Commercial Storefront with Flexible Use

216 Penobscot Ave, Millinocket, ME 04462

Contact for pricing
1,610 sqft

Highly visible storefront on Penobscot Avenue, suited for retail, office, or service businesses.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 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.

Freestanding Drug Store with Parking
Freestanding Drug Store with Parking

59 Main Street, East Millinocket, ME 04430

$179,000
2,700 sqft 0.15 AC lot

Masonry and wood-frame building with level entry, central air, storage, and public utilities on a convenient commercial site.

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Mixed-Use Building With Apartments
Mixed-Use Building With Apartments

20 Main Street, Patten, ME 04765

$199,500
4,000 sqft 0.23 AC lot

Renovated commercial property with a storefront area and two occupied two-bedroom apartments.

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Commercial Kitchen with Support Buildings
Commercial Kitchen with Support Buildings

69 Main Street, East Millinocket, ME 04430

$73,500
100 sqft 0.15 AC lot

Renovated camper configured as an approved commercial kitchen, with separate structures for seasonal service and storage.

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Renovated Mixed-Use Building
Renovated Mixed-Use Building

20 Main St, Patten, ME 04765

$199,500
4,000 sqft

Includes a storefront-ready commercial area and two two-bedroom apartments.

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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.

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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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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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 Storefront Properties Market Trends and Statistics

Explore 3 storefront properties for sale in Millinocket, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,335 square feet of properties for sale, with an estimated market value of $244,900.

Sale prices for retail units in Millinocket, ME start at $99,900, averaging $122,450, and reaching up to $145,000 — 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

Storefront properties 3
Grocery and convenience stores 1

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 $122.5K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Penobscot County

Retail

Office

Residential Income

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