Welcome to Central Maine

234 & 240 Penobscot AvenueMillinocket, ME 04462Price: $294,500

  • Price: $294,500
  • 55 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.81% last updated on May 15, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $294,500List Price
  • 0.17Acreage
  • 10,939Square Feet
Active Under Contract

Listing Tools

Listed by North Woods Real Estate,LLC
Prime Commercial Property in Downtown Millinocket Located in the heart of Millinocket, this exceptional commercial property offers unrivaled visibility at the highest-traffic intersection in town, directly at the corner of Main Street and Central Street. As the gateway to Baxter State Park and the North Maine Woods, this unique property is a must-see for anyone passing through Millinocket—you can't drive through town without noticing it! This mixed-use property features 7 apartments and 6 commercial units, making it an ideal investment for a variety of business or residential opportunities. The strategic location offers a constant stream of potential customers and residents, whether you're looking to establish a retail store, restaurant, office space, or residential units. With its high-traffic location and proximity to one of Maine's most popular outdoor destinations, the property is poised for success. Whether you're looking to lease or expand your business, or seeking a vibrant residential community with the convenience of nearby shops, restaurants, and the scenic beauty of Baxter State Park, this property offers limitless potential. Don't miss the opportunity to own a piece of Millinocket's prime real estate in one of the best locations in town!

Property Details of 234 & 240 Penobscot Avenue

Property Details

Interior Features

Exterior Features

Utilities and Appliances

Other Details

Map Location

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2025 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Coldwell Banker Plourde Real Estate participates in ©2025 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Coldwell Banker Plourde Real Estate. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.