About this home
Prime Downtown Commercial Opportunity! Bring your business vision to life in the center of downtown Millinocket! Located on bustling Penobscot Avenue directly across from the Millinocket Town Office, this well-maintained brick commercial building offers over 1,000 square feet of versatile space with outstanding road frontage, 2 dedicated parking spots in the rear of the building, and excellent visibility. The interior features a spacious open floor plan with a service counter, two private offices, and endless possibilities for customization. Ideal for retail, professional office space, a specialty shop, or customer service business, the flexible layout can accommodate a variety of commercial uses, pending local code approval. Rich in local history, this property was formerly home to the Millinocket Insurance Agency and is one of the community's original downtown buildings. Features include a full bathroom with shower, an attached storage shed, and an impressive large safe that serves as a unique focal point while reflecting the building's historic character. Positioned in a high-traffic location with exceptional exposure, your business will benefit from both local customers and the many visitors who travel to the Katahdin Region each year. Millinocket is the gateway to Baxter State Park and Mount Katahdin, attracting outdoor enthusiasts in every season. The area offers hiking, fishing, hunting, whitewater rafting, kayaking, boating, snowmobiling, ATV trails, cross-country skiing, and miles of scenic lakes, rivers, and forests. Whether you're opening a new business, relocating, or investing in one of Maine's growing recreational destinations, this prime location offers the visibility, flexibility, and character to help your business succeed. Schedule your showing today and discover the possibilities this exceptional commercial property has to offer!
Listing last checked: Listing updated:
Listed by Listing Agent · ERA Dawson-Bradford Co. · MLS #1671046
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Details at a glance
Interior3 property facts
- Heating
- Oil, Steam
- Cooling
- None
- Flooring
- Carpet, Tile, Vinyl
Building4 property facts
- Style
- General Commercial
- Year built
- 1910
- Foundation
- Pillar/Post/Pier, Slab
- Roof
- Other, Shingle
Land & utilities4 property facts
- Lot size
- 0.06 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- 14
Financial2 property facts
- Annual taxes
- $1,102
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $79,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$496 / monthAdjust
- Principal & interest
- $404
- Property tax
- $92
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $1,102. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 204 Penobscot Avenue
Can I request a private showing?
Request a tour of 204 Penobscot Avenue and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.

