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$199,000 Just Listed
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Property Description
Property has gone through a renovation but is not fully complete. Property being self as is where is. This property has been part of the downtown business culture for over 100 years. It has been renovated to expose the original brick walls, the floor is hardwood that has been sanded and ready to finish. The ceiling has been upgraded with large ceiling fans. Large storefront windows and glass entry door. 2 parking spaces behind the building and entry from back as well. This space would be great as an office, coffee shop, clothing store, or anything you want with excellent visibility. This area is undergoing some great economic growth that will surely bring jobs and revenue. Baxter State Park, Millinocket Lakes, snowmobiling, fishing, hiking, boating, kayaking, white water rafting all within minutes of downtown Millinocket. Millinocket is also home to local shopping center, fast-food and dining, hospital and even airport. Make this the location of your vision! We welcome you to the Katahdin Region.
Full Property Details
Full Property Details for 216 Penobscot Ave
General
- Price: $199,000
- Taxes: $1,755 (2025)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1656920
- Updated: 4/8/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Commercial, Office Building
Parking
- Parking Features: 1 - 4 Spaces, On Street
Location
- County: Penobscot
Structural Information
- Building Size: 1610
- Square Feet: 1,610
- Living Area: 1,610 Sq. Ft.
- Year Built: 1921
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,613.6
- Zoning: 14-Downtown Com Dev
- Lot Description: Near Airport, Downtown, Business District, Near Shopping
Financial Considerations
- Tax Amount: $1,755
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 232
Listed by Realty of Maine (207) 942-6310
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Schools
Schools serving 216 Penobscot Ave
School District:Millinocket
| Name | Grades | Distance |
|---|---|---|
Stearns High School 199 State Street, Millinocket, ME 04462 | 6-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 216 Penobscot Ave
Date
Details
Price
Change
Source
4/08/2026
Listed
$199,000
563.33%
MLS
3/09/2023
Sold
$30,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 216 Penobscot Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,755
-1%
$76,300
19%
2024
$1,769
21%
$64,100
24%
2023
$1,458
7%
$51,700
12%
2022
$1,357
-1%
$46,000
10%
2021
$1,365
1%
$42,000
6%
2020
$1,350
3%
$39,700
—
2019
$1,310
2%
$39,700
—
2018
$1,290
1%
$39,700
—
2017
$1,282
3%
$39,700
—
2016
$1,243
6%
$39,700
—
2015
$1,178
—
$39,700
—
2014
$1,175
-1%
$39,700
—
2013
$1,189
—
$39,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 216 Penobscot Ave
216 Penobscot Avenue, Millinocket, ME 04462 (MLS# 1656920) is a Commercial property. 216 Penobscot Avenue is currently listed for $199,000 and was received on April 08, 2026. Want to learn more about 216 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.

