Bought with James Plourde North Woods Real Estate, LLC
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140 Penobscot AVE Millinocket, ME 04462
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Key Details
Sold Price $195,000
Property Type Commercial
Sub Type General Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,354 sqft
Price per Sqft $30
MLS Listing ID 1661847
Sold Date 10/29/26
HOA Y/N No
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type General Commercial
Source Maine Listings
Land Area 6354
Property Description
Attention entrepreneurs and investors! This property is a move in ready, currently produces income with a long term tenant and is truly a steal at this price!!! An updated, very well maintained and ready for use commercial building located in the heart of downtown Millinocket. The first floor commercial space was the home of the well known Emerson Pharmacy which was a staple in the community for many years. The upstairs of the property was originally the home to the Millinocket Masonic lodge and their meeting hall which is still in place giving it historical value to the community. With three entrances to the main floor and access to the large dry basement for extra storage there are multiple options to divide this into separate units and incomes. The main floor has a grid drop ceiling in place covering an old style tin ceiling from the original space that could easily be exposed and refurbished. Currently the upstairs is used as an apartment with high ceilings, 2 bedrooms, 1 full bath, 2 half baths, kitchen, dining room, living room and still has plenty of space to add an extra unit. The property has two new furnaces that were installed in 2014, two new oil tanks, new electrical and central air conditioning throughout
Location
State ME
County Penobscot
Zoning Commercial
Direction Follow Central Street to the traffic light for Penobscot Ave and downtown Millinocket. Turn onto Maine Street and the property will be located on your right
Rooms
Basement Full
Interior
Heating Oil, Baseboard, Hot Water
Cooling Central Air
Flooring Carpet, Tile, Wood
Exterior
Parking Features 1 - 4 Spaces, On Street
Roof Type Tar/Gravel
Building
Lot Description Business District, Near Airport
Foundation Stone
Water Public
Others
Tax ID MLNK-000005-000000-000243U
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