87 Park Street, Milo, ME 04463

$449,000
Property Type: Commercial Square Footage: 7,650 Lot Size (sq. ft.): 108,029 Status: Active
Current Price: $449,000 List Date: 6/04/2025 Last Modified: 2/13/2026

Overview

Description

87 Park Street, Milo - Multi-Use Investment Property with Cabins, Commercial Buildings & Endless Potential If you're searching for a smart investment with multiple income streams and true four-season appeal, this rare find in the heart of Milo checks all the boxes. Set on a high-visibility stretch of Main Street, this dynamic commercial property features six well-appointed rental cabins plus a versatile commercial building complex—perfect for maximizing both hospitality and business revenue. Each of the six rental cabins is designed for comfort and convenience, with heat pumps, microwaves, and newer, functional furnishings. Guests—whether snowmobilers, ATV riders, or traveling work crews—will appreciate the easy trail access and ample parking for trucks, trailers, and outdoor equipment. These 4-season units are ideal for weekend warriors, clubs, or long-term renters, making them a consistent income generator year-round. But that's just the beginning. The property also includes a huge commercial warehouse, showroom, and multi-bay garage—currently used as a car lot, auto repair shop, retail space, and storage facility. The building is outfitted with heat pumps and a newer, efficient waste oil burner, ensuring affordable, reliable heating throughout. With its flexible layout, high traffic exposure, and prime Main Street location, this property is ready to support a wide range of ventures—from equipment rentals and retail sales to automotive services, recreational outfitting, or expanded lodging. 87 Park Street offers versatility, visibility, and value—all in one package. Don't miss this chance to own a truly multi-faceted commercial property in a thriving recreational hub.

Listing Details MLS# 1625291

Location Information

Street #
87
Street Name
Park
Street Type
Street
County
Piscataquis
Town
Milo
State/Province
ME
Zip Code
04463
Zip +4
1141
Leased Land
No
Book
2788
Page
273
Map
5
Lot
59-1
Zoning
Commercial
Zoning Overlay
No
Full Tax Amount $
6999
Tax Year
2021
Tree Growth Y/N
No
Association Y/N
No

Contract Information

Original List Price
479000

Property Information

Primary Use
Mixed Use
Surveyed
Unknown
Deed
All
Year Built
1980
Year Renovated +/-
2022
SqFt Finished Total
7650
Lot Size Acres +/-
2.48

Water Info

Water Frontage
No

Utilities

Utilities On
Yes

Location

Business District
Yes
Near Shopping
Yes
Retail Strip
Yes

More Information

Property Uses

Auto Service
Yes
Bed & Breakfast
Yes
Commercial
Yes
Freestanding Building
Yes
Hotel/Motel
Yes
Industrial
Yes
Manufacturing
Yes
Office Building
Yes
Other
Yes
Retail
Yes

Recreational Water

Nearby
Yes

Construction

Masonry
Yes
Wood Frame
Yes

Basement

Slab
Yes

Foundation Materials

Slab
Yes

Exterior

Block
Yes
Concrete
Yes
Vinyl Siding
Yes

Roof

Flat
Yes
Membrane
Yes

Heat System

Blowers
Yes
Direct Vent Furnace
Yes
Forced Air
Yes
Heat Pump
Yes
Other
Yes
Zoned
Yes

Heat Fuel

Electric
Yes
Oil
Yes
Other Heat Fuel
Yes

Cooling

Heat Pump
Yes

Floors

Concrete
Yes
Laminate
Yes

Accessibilitiy Amenities

Level Entry
Yes
Other Bath Modifications
Yes

Building Features

Cable
Yes
Internet Access Available
Yes
Other Equipment
Yes
Overhead Doors
Yes
Storage
Yes

Parking

Other Parking
Yes
21+ Spaces
Yes
Garage
Yes
Off Street
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Property Features

Location: Business District; Near Shopping; Retail Strip Recreational Water: Nearby Construction: Masonry; Wood Frame Property Uses: Auto Service; Bed & Breakfast; Commercial; Freestanding Building; Hotel/Motel; Industrial; Manufacturing; Office Building; Other; Retail Basement: Slab Foundation Materials: Slab Exterior: Block; Concrete; Vinyl Siding Roof: Flat; Membrane Heat System: Blowers; Direct Vent Furnace; Forced Air; Heat Pump; Other; Zoned Heat Fuel: Oil; Other Heat Fuel Cooling: Heat Pump Floors: Concrete; Laminate Building Features: Cable; Internet Access Available; Other Equipment; Overhead Doors; Storage Parking: 21+ Spaces; Garage; Off Street; Other Parking Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: Realty of Maine
IDX
Last Updated: February - 13 - 2026
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