158 Penobscot Avenue, Millinocket, ME 04462

$249,900
Property Type: Commercial Square Footage: 1,533 Lot Size (sq. ft.): 2,178 Status: Active
Current Price: $249,900 List Date: 11/28/2025 Last Modified: 11/28/2025

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.

Supplements: ********

More Information MLS# 1644421

Location Information

Book: 10467 Leased Land: No Page: 160-161 Map: U05 Lot: 239 Tree Growth Y/N: No Association Y/N: No Street #: 158 Street Name: Penobscot Street Type: Avenue County: Penobscot Town: Millinocket State/Province: ME Zip Code: 04462 Zip +4: 1428 Zoning: R4 Full Tax Amount $: 1185 Tax Year: 2025 Geo Lat: 45.655787 Geo Lon: -68.709355

Property Information

Primary Use: General Commercial Surveyed: Unknown Deed/Conveyance Type Offered: Quit Claim w/Covenant Deed: All Deed Restrictions: Unknown Lot Size Acres +/-: 0.05 Year Renovated +/-: 2015 Tenancy: Single Tenant Total # Floors: 1 Year Built: 1925 SqFt Finished Total: 1533

Location

Business District: 1 Near Shopping: 1

Commercial Bldg Information

Confidentiality Statement: Yes Office SqFt +/-: 1533 Total Units: 1

Water Info

Water Frontage: No

Property Uses

Commercial: 1 Executive Suites: 1 Medical: 1 Office Building: 1

Construction

Masonry: 1

Basement

Slab: 1

Foundation Materials

Poured Concrete: 1 Slab: 1

Exterior

Block: 1

Roof

Flat: 1

Heat System

Baseboard: 1 Heat Pump: 1

Heat Fuel

Electric: 1

Cooling

Heat Pump: 1 Other: 1

Floors

Ceramic Tile: 1 Tile: 1

Parking

Other Parking: 1 Off Street: 1

Electric

Circuit Breakers: 1

Utilities

Utilities On: No

Gas

No Gas: 1

Sewer

Public Sewer: 1

Water

Public: 1

Contract Information

Status: Active Original List Price: 249900 List Price: $249,900 Current Price: $249,900

Property Features

Location: Business District; Near Shopping Construction: Masonry Property Uses: Commercial; Executive Suites; Medical; Office Building Basement: Slab Foundation Materials: Poured Concrete; Slab Exterior: Block Roof: Flat Heat System: Baseboard; Heat Pump Cooling: Heat Pump; Other Floors: Ceramic Tile; Tile Parking: Off Street; Other Parking Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: ERA Dawson-Bradford Co.
IDX
Last Updated: November - 28 - 2025
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