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Adam Dow

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

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973 Central St , Millinocket, ME 04462
$770,000
Est. Payment: $4,135.98/mo
14660 Sqft
4.6 Acres
Status: active | Days on site: 30
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1198 - 023292
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House Description

The Pamola Motor Lodge is a 24-room exterior and interior corridor motel with a tavern and restaurant on 4.6 acres along Central Street in Millinocket, Maine — the primary gateway community to Baxter State Park, the Katahdin Woods & Waters National Monument, and the northern terminus of the Appalachian Trail. At its highest and best use, the property offers additional upside to 28 total rooms: 1 room space in the main building currently serves as a vending area, and 3 detached rear units behind the property currently serve as the campground bathhouse — both could be converted to guest rooms. The property was acquired by the current ownership in 2024, at which time it was closed and vacant. Since acquiring the property, ownership has replaced carpeting throughout and signed a new lease with a bar/tavern tenant. The restaurant space has been leased to the same tenant for decades and continues to generate steady rent. Combined, the two leases generate $52,200 in contracted annual rent.

Highlights

Listed by Dustin Bulley , 207-595-2324 CENTURY 21 Queen City Real Estate , 207-942-4618. Maine Real Estate Information System, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
4.6

Year Built

1958

County

Penobscot

Listing ID

1682691

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Interior Features

Appliances:Cable,Internet Access Available
Air Cond:Window Unit(s)
Fireplaces:
Floor:Carpet,Laminate,Tile
Basement:Slab
Water:Public

Exterior Features

Lot:Business District,Near Shopping
Zoning:HC
Roof:Membrane
Sewer:Public Sewer
Parking Features:21+ Spaces,On Site,Other Parking,Paved
Principal Interest
$4,136
Taxes
$1,392

Home Price

$770,000

Loan Details

30 yrs
7.091%

Down Payment

20%
$154,000
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:
$4,135.98

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,135.98 $1,392.08 $0.00 $5,528.06
Yearly $49,631.75 $16,705.00 $0.00 $66,336.75
Total $1,488,952.54 $501,150.00 $0.00 $1,990,102.54

Today's Rates

30 Year

7.09%

20 Year

7.19%

15 Year

6.59%

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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: 2026-10-31T16:04:47.000Z

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