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2 Beds
2 Baths
2,067 sqft

$119,000

202 Penobscot Avenue, Millinocket ME, 04462

Built in1916
Property size2,067 sqft
Property typeResidential
Courtesy of Acres Away, Inc.

Overview

Active

Listed Sep 17, 2026

Updated 26h ago

Great opportunity to own a versatile commercial property in the heart of downtown Millinocket, Maine! Located along Penobscot Avenue, the town's traditional downtown corridor, this property is surrounded by established businesses, restaurants, shops and professional services, creating a true small-town Main Street atmosphere. The building offers a great combination of commercial and residential space. The first floor is currently configured as well-maintained professional office space and has previously been utilized by an accounting firm and a newspaper agency. The layout provides an excellent starting point for a variety of business ideas, whether you are looking for professional office space, retail, a service business or another venture. The second floor features a spacious one-bedroom apartment, offering the opportunity to live above your business, rent the apartment for additional income, or potentially rent both levels. Bring your ideas and take advantage of the flexibility this property provides. Millinocket is a four-season destination and gateway to some of northern Maine's finest outdoor recreation, including Baxter State Park, Katahdin Woods and Waters National Monument and Mount Katahdin. Hiking, ATVing, snowmobiling, fishing, canoeing, kayaking and other outdoor adventures draw visitors to the area throughout the year. Whether you are an entrepreneur looking for a downtown location, an investor seeking a mixed-use property, or someone wanting to live where you work, 202 Penobscot Avenue offers an excellent opportunity to become part of the downtown Millinocket community.

$792/mo

Est. mortgage payment based on a $119,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1681076

Interior Features

Bedrooms
2
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$1,610
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listing Contact: 239-398-0261

Listed by Alan Staples with Acres Away, Inc. 239-398-0261

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor James Spear shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Maine Real Estate Information System, Inc. All rights reserved. 

Data is refreshed every 3 hours. Listing last updated at 6:44 AM UTC, 10/9/2026

 

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