87 Park Street, Milo, ME 04463

$449,000
Property Type: Multi-Family Baths: 6 Square Footage: 7,650 Lot Size (sq. ft.): 108,029 Status: Active
Current Price: $449,000 List Date: 2/13/2026 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# 1651831

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
Association
No
Full Tax Amount $
8271
Tax Year
2025
Tree Growth Y/N
No

Contract Information

Original List Price
449000

Property Information

Surveyed
Unknown
Seasonal
No
Number of Units
6
Total Baths
6
Total Full Baths
6
Year Built
1980
SqFt Finished Above Grade
7650
SqFt Finished Total
7650
SqFt Source
Public Records
Garage
Yes
Garage Spaces
6
Lot Size Acres +/-
2.48
Source of Acreage
Public Records
Total Half Baths
0
SqFt Finished Below Grade
0

Water Info

Water Frontage
No
Water View
No

Units

# of 1 BD Units
6

Unit 1

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
Yes
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
Yes
Heat
Yes
Range
No
Refrigerator
Yes
Sewer
Yes
Water
Yes
Monthly Rent
0

More Information

Unit 2

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
Yes
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
Yes
Heat
Yes
Range
No
Refrigerator
Yes
Sewer
Yes
Water
Yes
Monthly Rent
0

Unit 3

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
Yes
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
Yes
Heat
Yes
Range
No
Refrigerator
Yes
Sewer
Yes
Water
Yes
Monthly Rent
0

Unit 4

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
Yes
Heat
Yes
Range
No
Refrigerator
Yes
Water
Yes
Monthly Rent
0
Sewer
Yes

Unit 5

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
Yes
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
Yes
Heat
Yes
Range
No
Refrigerator
Yes
Sewer
Yes
Water
Yes
Monthly Rent
0

Unit 6

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
Yes
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
Yes
Heat
Yes
Range
No
Refrigerator
Yes
Sewer
Yes
Water
Yes
Monthly Rent
0

Utilities

Utilities On
Yes

Site

Level
Yes
Open
Yes

Location

Business District
Yes
Near Shopping
Yes
Retail Strip
Yes

Roads

Paved
Yes
Public
Yes

Transportation

Major Road Access
Yes

Recreational Water

Nearby
Yes

Style

Bungalow
Yes
Camp
Yes
Other
Yes

Construction

Masonry
Yes
Wood Frame
Yes

Other Structures

Outbuilding
Yes

Basement

Slab
Yes

Foundation Materials

Slab
Yes

Exterior

Block
Yes
Concrete
Yes
Vinyl Siding
Yes

Roof

Flat
Yes
Membrane
Yes
Metal
Yes

Heat System

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

Heat Fuel

Electric
Yes
Oil
Yes
Other Heat Fuel
Yes

Income & Expenses

Gross Income
0
Operating Expenses
0

Cooling

Heat Pump
Yes

Floors

Concrete
Yes
Laminate
Yes

Parking

Other Parking
Yes
21+ Spaces
Yes
Off Street
Yes
On Site
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Gravel
Yes

Basement Entry

Not Applicable
Yes

Water Heater

Electric
Yes

Amenities

1st Floor Bedroom
Yes
1st Floor Primary BR w/Bath
Yes
One-Floor Living
Yes
Shower
Yes

Vehicle Storage

4+ Car
Yes
Detached
Yes

Property Features

Site: Level; Open Location: Business District; Near Shopping; Retail Strip Roads: Paved; Public Transportation: Major Road Access Recreational Water: Nearby Style: Bungalow; Camp; Other Construction: Masonry; Wood Frame Other Structures: Outbuilding Basement: Slab Basement Entry: Not Applicable Foundation Materials: Slab Exterior: Block; Concrete; Vinyl Siding Roof: Flat; Membrane; Metal Heat System: Blowers; Direct Vent Furnace; Forced Air; Heat Pump; Zoned Heat Fuel: Oil; Other Heat Fuel Water Heater: Electric Cooling: Heat Pump Floors: Concrete; Laminate Amenities: 1st Floor Bedroom; 1st Floor Primary BR w/Bath; One-Floor Living; Shower Driveway: Gravel Parking: Other Parking; 21+ Spaces; Off Street; On Site Vehicle Storage: 4+ Car; Detached Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public

Documents

Listing Office: Realty of Maine
IDX
Last Updated: February - 13 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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