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$266,000
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Property Description
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!
Full Property Details
Full Property Details for 234 & 240 Penobscot Ave
General
- Sold For: $266,000
- Status: Closed
- Type: Commercial
- Source: MREIS
- MLS ID: 1617132
- Added to Site: 374 day(s) ago
Business
- Business Type: Commercial, Retail
Interior
- Flooring: Vinyl, Laminate, Carpet
Parking
- Parking Features: No Parking, On Street
Location
- County: Penobscot
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Brick
- Roof: Flat, Tar/Gravel
- Building Size: 10939
- Square Feet: 10,939
- Living Area: 10,939 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405.2
- Zoning: DC
- Lot Description: Downtown, Near Shopping
Disclosures and Reports
- Lot Number: 230
Listed by North Woods Real Estate, LLC (207) 723-9086
Sold by CENTURY 21 Queen City Real Estate (207) 942-4618
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Schools
Schools serving 234 & 240 Penobscot Ave
School District:Millinocket
| Name | Grades | Distance |
|---|---|---|
Granite Street School 191 Granite Street, Millinocket, ME 04462 | PK-5 | 0.4 mi |
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 234 & 240 Penobscot Ave
Date
Details
Price
Change
Source
7/17/2025
Sold
$266,000
-9.68%
MLS
3/26/2025
Listed
$294,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
234 & 240 Penobscot Avenue, Millinocket, ME 04462 (MLS# 1617132) is a Commercial property that was sold at $266,000 on July 17, 2025. Want to learn more about 234 & 240 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.

