About This Home
This 0-bedroom, 0-bathroom commercial at 158 Penobscot Avenue in Millinocket, ME is listed for $249,900 ($163 per sqft). Built in 1925, the home offers 1,533 sqft of living space on a 0.05 acres lot.
Key Features
- Built in 1925
- 0.05 acre lot
Property Details
Amenities
Excellent commercial opportunity on Penobscot Avenue in the downtown Millinocket business district. This fully renovated office building offers over 1,500 sq. ft. of functional space, including a welcoming reception area, three well-sized private offices, a kitchen area, and six heat pumps providing efficient climate control throughout.
The layout offers privacy and flexibility to accommodate a variety of professional uses. The property benefits from steady vehicle and pedestrian activity, with convenient access to public parking located directly adjacent and owned by the Town of Millinocket.
It is currently occupied under a month-to-month triple-net lease, with the tenant intending to vacate in mid-2026, creating an opportunity for either a new tenant or an owner-occupied business. Located in the Katahdin Region near Baxter State Park and Mount Katahdin, this space offers strong visibility and accessibility in a desirable commercial corridor.
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
158 Penobscot Avenue
Millinocket, ME 04462
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 158 Penobscot Avenue is listed at $249,900 ($163/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1925, 0.05 acre lot.
This property is listed by Bruce Bragdon and can be reached at 2079473363.
