About This Home

This 2-bedroom, 2-bathroom single family at 202 Penobscot Avenue in Millinocket, ME is listed for $119,000 ($58 per sqft). Built in 1916, the home offers 2,067 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1916
  • 0.06 acre lot
  • Waterfront

Property Details

1 full, 1 half
1916

Amenities

Waterfront
Listing Description

Great opportunity to own a versatile commercial property in the heart of downtown Millinocket, Maine! Located along Penobscot Avenue, the town's traditional downtown corridor, this property is surrounded by established businesses, restaurants, shops and professional services, creating a true small-town Main Street atmosphere.

The building offers a great combination of commercial and residential space. The first floor is currently configured as well-maintained professional office space and has previously been utilized by an accounting firm and a newspaper agency. The layout provides an excellent starting point for a variety of business ideas, whether you are looking for professional office space, retail, a service business or another venture.

The second floor features a spacious one-bedroom apartment, offering the opportunity to live above your business, rent the apartment for additional income, or potentially rent both levels. Bring your ideas and take advantage of the flexibility this property provides.

Millinocket is a four-season destination and gateway to some of northern Maine's finest outdoor recreation, including Baxter State Park, Katahdin Woods and Waters National Monument and Mount Katahdin. Hiking, ATVing, snowmobiling, fishing, canoeing, kayaking and other outdoor adventures draw visitors to the area throughout the year.

Whether you are an entrepreneur looking for a downtown location, an investor seeking a mixed-use property, or someone wanting to live where you work, 202 Penobscot Avenue offers an excellent opportunity to become part of the downtown Millinocket community.

Monthly Cost Estimate

$636/mo

20% down · 6.5% · 30 years

Principal$86
Interest$516
Insurance$35

Estimates only. Actual payments may vary.

Location

202 Penobscot Avenue

Millinocket, ME 04462

Features & Amenities

Interior Features

Storage

Property Details

Flooring

VinylWoodCarpet

Construction

Wood Frame Vinyl Siding Wood Siding

Parking

On StreetOther

Heating

None (Heating)Baseboard

Questions & Answers

This 2-bedroom, 2-bathroom single family at 202 Penobscot Avenue is listed at $119,000 ($58/sqft). The estimated monthly payment is $637 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1916, 0.06 acre lot, Waterfront. Interior Features: Storage.

This property is listed by Alan Staples and can be reached at 2393980261.

AS

Alan Staples

Agent at Burnell & Bragdon Real Estate Team

(239) 398-0261
Agent website

Listed by Burnell & Bragdon Real Estate Team · Broker phone: (207) 794-2700 · View on Broker Site · Broker website

MLS# 1681076· Source: Maine Listings· 5 days on PropertySimple

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202 Penobscot Avenue, Millinocket, ME 04462

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