This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
140 Penobscot Avenue, Millinocket, ME 04462
$129,000
140 Penobscot Avenue, Millinocket, ME 04462View this property at 140 Penobscot Avenue, Millinocket, ME 04462
140 Penobscot AvenueMillinocketME04462
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Attention entrepreneurs and investors! This property is a move in ready, currently produces income with a long term tenant and is truly a steal at this price!!! An updated, very well maintained and ready for use commercial building located in the heart of downtown Millinocket. The first floor commercial space was the home of the well known Emerson Pharmacy which was a staple in the community for many years. The upstairs of the property was originally the home to the Millinocket Masonic lodge and their meeting hall which is still in place giving it historical value to the community. With three entrances to the main floor and access to the large dry basement for extra storage there are multiple options to divide this into separate units and incomes. The main floor has a grid drop ceiling in place covering an old style tin ceiling from the original space that could easily be exposed and refurbished. Currently the upstairs is used as an apartment with high ceilings, 2 bedrooms, 1 full bath, 2 half baths, kitchen, dining room, living room and still has plenty of space to add an extra unit. The property has two new furnaces that were installed in 2014, two new oil tanks, new electrical and central air conditioning throughout. The seller is offering $5000.00 to the buyers' broker which is over and above the offered commission and to be paid directly to the broker.
Full Property Details
Full Property Details for 140 Penobscot Ave
General
- Sold For: $129,000
- Taxes: $3,115 (2022)
- Status: Closed
- Type: Commercial
- MLS ID: 1576676
- Added to Site: 178 day(s) ago
Business
- Business Type: Commercial, Office Building, Retail, Flex
Interior
- Flooring: Wood, Tile, Carpet
Parking
- Parking Features: 1 - 4 Spaces, On Street
Location
- County: Penobscot
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Hot Water, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Detached/Attached: Detached
- Construction: Vinyl Siding, Brick
- Basement Desc.: Full
- Roof: Tar/Gravel
- Building Size: 6354
- Square Feet: 6,354
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Zoning: Commercial
- Lot Description: Near Airport, Business District
Financial Considerations
- Tax Amount: $3,115
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 4%
- Documents Avail.: Property Disclosure Public Access, Deed Public Access
- Lot Number: 243
Listed by North Woods Real Estate, LLC (207) 723-9086
North Woods Real Estate, LLC (207) 723-9086
Get Pre-Approved Today
Schools
Schools serving 140 Penobscot Ave
School District:Millinocket School Department
Rating | Name | Grades | Distance |
---|---|---|---|
191 Granite St, Millinocket, ME 04462 | K-6 | 0.3 mi | |
Millinocket Middle School
199 State St, Millinocket, ME 04462 | 7-8 | 0.4 mi | |
199 State St, Millinocket, ME 04462 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 140 Penobscot Ave
Date
Details
Price
Change
Source
12/08/2023
Sold
$129,000
—
MLS
11/04/2023
Listed
$129,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
140 Penobscot Avenue, Millinocket, ME 04462 (MLS# 1576676) is a Commercial property that was sold at $129,000 on December 08, 2023. Want to learn more about 140 Penobscot Avenue? Do you have questions about finding other Commercial real estate for sale in Millinocket? You can browse all Millinocket real estate or contact a Coldwell Banker agent to request more information.