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202 Penobscot AvenueMillinocket, ME 04462

Penobscot County

$119,000List price
2Beds
1.5Baths
2,067Sq Ft
1916Year built
0.06Acre lot
1Garage
2 weeks agoOn market

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.

Property Information

Property type
Residential
Sub-type
Single Family Residence
Style
Other
Year built
1916
Living area
2,067 Sq Ft
Lot size
0.06 acres
Garage spaces
1
Zoning
See Town
Days on market
19
MLS® Listing#
1681076

Property Features

Interior
Storage
Cooling
None
Heating
Baseboard
Flooring
Carpet · Vinyl · Wood
Basement
Interior Entry · Dirt Floor · Unfinished
Parking
Gravel · On Site · On Street · Attached
Lot features
Level · Open Lot
Construction
Vinyl Siding · Wood Siding · Frame
Foundation
Other
Roof
Metal · Shingle
Utilities
Natural Gas Not Available
Sewer
Public Sewer
Water source
Public

Rooms

Second

  • Bedroom 1
  • Bedroom 2
  • Kitchen
  • Living Room

First

  • Kitchen
  • Office

Financial Details

HOA
None
Annual taxes
$1,610Tax year 2025
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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  • David Dunham

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  • Jane Thomas

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    EXIT Key Real Estate