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Adam Dow

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

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202 Penobscot Ave , Millinocket, ME 04462
$119,000
Est. Payment: $264.44/mo
2 Bed
2 Bath
2067 Sqft
Status: Active | Days on site: 0
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1518 - 019848
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House Description

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.

Highlights

Listed by Alan Staples , 239-398-0261 Acres Away, Inc. , 207-794-2700.

Property Type

Residential

Lot/Acreage
0.06

Year Built

1916

County

Penobscot

Listing ID

1681076

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Floor:Carpet,Vinyl,Wood
Above Ground Sq Ft:2067
Below Ground Sq Ft:0
Basement:Interior Entry,Dirt Floor,Unfinished
Other:
  • Additional:Storage
Water:Public

Exterior Features

Lot:Business District,Near Shopping,Retail Strip,Level,Open Lot,Sidewalks
Zoning:See Town
Roof:Metal,Shingle
Sewer:Public Sewer
Parking Features:Gravel,1 - 4 Spaces,On Site,Other Parking,On Street
Principal Interest
$264
Taxes
$134

Home Price

$119,000

Loan Details

30 yrs
%

Down Payment

20%
$23,800
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:
$264.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $264.44 $134.17 $0.00 $398.61
Yearly $3,173.33 $1,610.00 $0.00 $4,783.33
Total $95,200.00 $48,300.00 $0.00 $143,500.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.