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$399,999
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Property Description
87 Park Street, Milo - Multi-Use Investment Property with Cabins, Commercial Buildings & Endless Potential If you're searching for a smart investment with multiple income streams and true four-season appeal, this rare find in the heart of Milo checks all the boxes. Set on a high-visibility stretch of Main Street, this dynamic commercial property features six well-appointed rental cabins plus a versatile commercial building complex-perfect for maximizing both hospitality and business revenue. Each of the six rental cabins is designed for comfort and convenience, with heat pumps, microwaves, and newer, functional furnishings. Guests-whether snowmobilers, ATV riders, or traveling work crews-will appreciate the easy trail access and ample parking for trucks, trailers, and outdoor equipment. These 4-season units are ideal for weekend warriors, clubs, or long-term renters, making them a consistent income generator year-round. But that's just the beginning. The property also includes a huge commercial warehouse, showroom, and multi-bay garage-currently used as a car lot, auto repair shop, retail space, and storage facility. The building is outfitted with heat pumps and a newer, efficient waste oil burner, ensuring affordable, reliable heating throughout. With its flexible layout, high traffic exposure, and prime Main Street location, this property is ready to support a wide range of ventures-from equipment rentals and retail sales to automotive services, recreational outfitting, or expanded lodging. 87 Park Street offers versatility, visibility, and value-all in one package. Don't miss this chance to own a truly multi-faceted commercial property in a thriving recreational hub.
Full Property Details
Full Property Details for 87 Park St
General
- Sold For: $399,999
- Taxes: $8,271 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1651831
- Added to Site: 195 day(s) ago
Interior
- Interior Features: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, One-Floor Living, Shower
- Flooring: Concrete, Laminate
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 6
- Parking Features: Gravel, 21 or More Spaces, On-Site Parking, Other Parking, Off Street, Detached
Location
- County: Piscataquis
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Electric, Oil, Other, Blowers, Direct Vent Furnace, Forced Air, Heat Pump, Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Bungalow, Camp, Other
- Construction: Masonry, Wood Frame, Block, Concrete, Vinyl Siding
- Basement: Yes
- Basement Desc.: Not Applicable, Slab
- Roof: Flat, Membrane, Metal
- Square Feet: 7,650
- Finished Total: 7,650 Sq. Ft.
- Finished Above Grnd: 7,650 Sq. Ft.
- Year Built: 1980
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 2.48
- Lot Size (Sq. Ft.): 108,028.8
- Zoning: Commercial
- Lot Description: Business District, Near Shopping, Retail Strip, Level, Open Lot
Financial Considerations
- Tax Amount: $8,271
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 59-1
Listed by Realty of Maine (207) 942-6310
Sold by Realty of Maine (207) 942-6310
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Schools
Schools serving 87 Park St
School District:School Administrative District 41
| Name | Grades | Distance |
|---|---|---|
Brownville Elementary School 774 Main Road, Brownville, ME 04414 | 3-4 | 4.9 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 87 Park St
Date
Details
Price
Change
Source
7/14/2026
Sold
$399,999
-10.91%
MLS
2/13/2026
Listed
$449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
87 Park Street, Milo, ME 04463 (MLS# 1651831) is a Multi-Family property that was sold at $399,999 on July 14, 2026. Want to learn more about 87 Park Street? Do you have questions about finding other Multi-Family real estate for sale in Milo? You can browse all Milo real estate or contact a Coldwell Banker agent to request more information.

