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.
Active
$119,000
202 Penobscot Avenue, Millinocket, ME 04462
2beds
2,067sqft
Single Family Residence
Built in 1916
2,613 Square Feet Lot
$111,900 Zestimate®
$58/sqft
$-- HOA
What's special
Spacious one-bedroom apartmentWell-maintained professional office space
- 23 days
- 461
- 34
Zillow last checked:
Listing updated:
Listed by:
Acres Away, Inc.
Source: Maine Listings,MLS#: 1681076
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: Second
Bedroom 2
- Level: Second
Kitchen
- Level: Second
Kitchen
- Level: First
Living room
- Level: Second
Office
- Level: First
Office
- Level: First
Office
- Level: First
Heating
- Baseboard
Cooling
- None
Features
- Storage
- Flooring: Carpet, Vinyl, Wood
- Basement: Interior Entry,Dirt Floor,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,067
- Total interior livable area: 2,067 sqft
- Finished area above ground: 2,067
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Gravel, 1 - 4 Spaces, On Site, Other, On Street
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Lot
- Size: 2,613 Square Feet
- Features: Business District, Near Shopping, Retail Strip, Level, Open Lot, Sidewalks
Details
- Zoning: See Town
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding, Wood Siding
- Foundation: Other
- Roof: Metal,Shingle
Condition
- Year built: 1916
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Millinocket
Financial & listing details
- Price per square foot: $58/sqft
- Annual tax amount: $1,610
- Date on market: 9/17/2026
- Road surface type: Paved
Estimated market value
$111,900
$105,000 - $117,000
$1,977/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Listed for sale | $119,000+170.5%$58/sqft |
Source: | ||
| 10/20/2015 | Sold | $44,000-11.8%$21/sqft |
Source: Agent Provided Report a problem | ||
| 7/4/2015 | Listed for sale | $49,900$24/sqft |
Source: ERA Dawson Bradford Real Estate #1226720 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






