# 117 Mill Street, Orono, ME 04473

> **TL;DR:** commercial, $543,000 ($119/sqft), built 1910, 4,560 sqft. Est. $2,904/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $543,000 |
| Price/sqft | $119 |
| Square Feet | 4,560 |
| Year Built | 1910 |
| Lot Size | 10,890 sqft (0.25 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,746 |
| Estimated Insurance | $158 |
| **Total** | **$2,904** |

## Property Highlights

- Built in 1910
- 0.25 acre lot

## Description

### Agent Description
ORONO, Maine — PRICE REDUCED! Multi-Use Investment Opportunity Take advantage of a versatile investment opportunity in a convenient Orono location. Situated on Mill Street, this vacant three-story property offers a rare combination of flexibility, visibility, and potential for an investor, owner-occupant, or developer. The building's vacant status provides the freedom to move forward with your own plans—whether updating, leasing, occupying, or repositioning the property to meet current market demand. With potential for a variety of residential, office, and commercial uses, subject to local approvals, the possibilities are wide open. Recent improvements, including updated heating systems and a reinforced foundation, add to the property's long-term appeal. Residential units feature in-unit washer and dryer connections, while one unit is being offered furnished, creating additional flexibility for either short- or long-term rental opportunities. The property also includes a garage and ample on-site parking, providing convenience for tenants, customers, or a variety of mixed-use configurations. Public transportation access and the Mill Street location further enhance accessibility. Located close to downtown Orono, the property is convenient to local restaurants, shops, services, and recreation. The nearby University of Maine adds another layer of appeal and potential demand for both residential and commercial space. Whether you are looking to expand your investment portfolio, establish your own business location, or explore a redevelopment opportunity, this multi-use property offers flexibility and potential in one of the area's most desirable communities. Easy to show—come see the many possibilities.

## Location

- **Address:** 117 Mill Street, Orono, ME 04473
- **County:** Penobscot

## Virtual Tour & Media

- **Video Tour:** https://drive.google.com/file/d/1XTPRUQE1HlQbfY_2-V5jCXDXZpuy32i_/view?usp=sharing

## Listing Agent

- **Name:** Adrian Nadeau
- **Brokerage:** ERA Dawson Bradford Co., Realtors
- **Phone:** 2079473363
- **Broker Phone:** 207-947-6788
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/MREISME/1669656/?channel=propsimple)

## Photos

![117 Mill Street - Photo 1](http://lh.rdcpix.com/5ccfa108e7bfc7d09d1346b8687bd735l-f3849656821r.jpg)

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---

**MLS#:** 1669656 | **Updated:** 2026-09-28
**Source:** listhub

*Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/117-mill-street-orono-me-04473-1669656)

---

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  "name": "117 Mill Street, Orono, ME 04473",
  "description": "ORONO, Maine — PRICE REDUCED! Multi-Use Investment Opportunity Take advantage of a versatile investment opportunity in a convenient Orono location. Situated on Mill Street, this vacant three-story property offers a rare combination of flexibility, visibility, and potential for an investor, owner-occupant, or developer. The building's vacant status provides the freedom to move forward with your own plans—whether updating, leasing, occupying, or repositioning the property to meet current market demand. With potential for a variety of residential, office, and commercial uses, subject to local approvals, the possibilities are wide open. Recent improvements, including updated heating systems and a reinforced foundation, add to the property's long-term appeal. Residential units feature in-unit washer and dryer connections, while one unit is being offered furnished, creating additional flexibility for either short- or long-term rental opportunities. The property also includes a garage and ample on-site parking, providing convenience for tenants, customers, or a variety of mixed-use configurations. Public transportation access and the Mill Street location further enhance accessibility. Located close to downtown Orono, the property is convenient to local restaurants, shops, services, and recreation. The nearby University of Maine adds another layer of appeal and potential demand for both residential and commercial space. Whether you are looking to expand your investment portfolio, establish your own business location, or explore a redevelopment opportunity, this multi-use property offers flexibility and potential in one of the area's most desirable communities. Easy to show—come see the many possibilities.",
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