# 158 Penobscot Avenue, Millinocket, ME 04462 > **TL;DR:** commercial, $249,900 ($163/sqft), built 1925, 1,533 sqft. > A/C. Est. $1,337/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $249,900 | | Price/sqft | $163 | | Square Feet | 1,533 | | Year Built | 1925 | | Lot Size | 2,178 sqft (0.05 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%) | $1,264 | | Estimated Insurance | $73 | | **Total** | **$1,337** | ## Key Amenities - A/C ## Property Highlights - Built in 1925 - 0.05 acre lot ## Description ### Agent Description 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. ## Location - **Address:** 158 Penobscot Avenue, Millinocket, ME 04462 - **County:** Penobscot ## Listing Agent - **Name:** Bruce Bragdon - **Brokerage:** ERA Dawson Bradford Co., Realtors - **Phone:** 2079473363 - **Broker Phone:** 207-947-6788 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/MREISME/1644421/?channel=propsimple) ## Photos ![158 Penobscot Avenue - Photo 1](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f3209922332r.jpg) ![158 Penobscot Avenue - Photo 2](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f2281189599r.jpg) ![158 Penobscot Avenue - Photo 3](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f1834414614r.jpg) ![158 Penobscot Avenue - Photo 4](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f1375103229r.jpg) ![158 Penobscot Avenue - Photo 5](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f368257858r.jpg) ![158 Penobscot Avenue - Photo 6](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f1241975777r.jpg) ![158 Penobscot Avenue - Photo 7](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f1638849705r.jpg) ![158 Penobscot Avenue - Photo 8](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f364030642r.jpg) ![158 Penobscot Avenue - Photo 9](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f3835535490r.jpg) ![158 Penobscot Avenue - Photo 10](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f3758314093r.jpg) ![158 Penobscot Avenue - Photo 11](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f2366929446r.jpg) ![158 Penobscot Avenue - Photo 12](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f2324538926r.jpg) ![158 Penobscot Avenue - Photo 13](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f4164910497r.jpg) ![158 Penobscot Avenue - Photo 14](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f2055778818r.jpg) ![158 Penobscot Avenue - Photo 15](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f1912708436r.jpg) ![158 Penobscot Avenue - Photo 16](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f4206804997r.jpg) ![158 Penobscot Avenue - Photo 17](http://lh.rdcpix.com/6043c910a538f567f76c2e77c002f85fl-f3872254436r.jpg) --- **MLS#:** 1644421 | **Updated:** 2026-09-12 **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/158-penobscot-avenue-millinocket-me-04462-1644421) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/158-penobscot-avenue-millinocket-me-04462-1644421#listing", "url": "https://www.propertysimple.ai/listing/158-penobscot-avenue-millinocket-me-04462-1644421", "name": "158 Penobscot Avenue, Millinocket, ME 04462", "description": "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. 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