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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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158 Penobscot Ave , Millinocket, ME 04462
$249,900
Est. Payment: $1,289.38/mo
0 Bed
0 Bath
1533 Sqft
Status: active | Days on site: 187
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Excellent commercial opportunity on Penobscot Avenue in the downtown Millinocket business district. This fully renovated office building offers over 1,500 sq. ft. of functional space, including a welcoming reception area, three well-sized private offices, a kitchen area, and six heat pumps providing efficient climate control throughout. The layout offers privacy and flexibility to accommodate a variety of professional uses. The property benefits from steady vehicle and pedestrian activity, with convenient access to public parking located directly adjacent and owned by the Town of Millinocket. It is currently occupied under a month-to-month triple-net lease, with the tenant intending to vacate in mid-2026, creating an opportunity for either a new tenant or an owner-occupied business. Located in the Katahdin Region near Baxter State Park and Mount Katahdin, this space offers strong visibility and accessibility in a desirable commercial corridor.

Highlights

Listed by Bruce Bragdon , 207-947-3363 and Adrian Nadeau , 207-947-3363 ERA Dawson-Bradford Co. , 207-947-6788. Maine Real Estate Information System, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.05

Year Built

1925

County

Penobscot

Listing ID

1644421

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Heat Pump
Fireplaces:
Floor:Ceramic Tile,Tile
Other:Public

Exterior Features

Lot:Business District,Near Shopping
Zoning:R4
Roof:Flat
Sewer:Public Sewer
Parking Features:Off Street,Other Parking
Principal Interest
$1,289
Taxes
$99

Home Price

$249,900

Loan Details

30 yrs
6.695%

Down Payment

20%
$49,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,289.38

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,289.38 $98.75 $0.00 $1,388.13
Yearly $15,472.52 $1,185.00 $0.00 $16,657.52
Total $464,175.63 $35,550.00 $0.00 $499,725.63

Today's Rates

30 Year

6.7%

20 Year

6.21%

15 Year

6.15%

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Market insight data is pulled from the same city as the listing being viewed (Millinocket, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Listing data is derived in whole or in part from the Maine IDX & is for consumers personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.


IDX service by Blueroof 360

Data last updated: 2026-08-02T07:29:11.000Z

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