About this home
Property has gone through a renovation but is not fully complete. Property being sold as is where is. This property has been part of the downtown business culture for over 100 years. It has been renovated to expose the original brick walls, the floor is hardwood that has been sanded and ready to finish. The ceiling has been upgraded with large ceiling fans. Large storefront windows and glass entry door. 2 parking spaces behind the building and entry from back as well. This space would be great as an office, coffee shop, clothing store, or anything you want with excellent visibility. This area is undergoing some great economic growth that will surely bring jobs and revenue. Baxter State Park, Millinocket Lakes, snowmobiling, fishing, hiking, boating, kayaking, white water rafting all within minutes of downtown Millinocket. Millinocket is also home to local shopping center, fast-food and dining, hospital and even airport. Make this the location of your vision! We welcome you to the Katahdin Region.
Listing last checked: Listing updated:
Listed by Listing Agent · Realty of Maine · MLS #1656920
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Details at a glance
Building2 property facts
- Style
- General Commercial
- Year built
- 1921
Land & utilities2 property facts
- Lot size
- 0.06 acres
- Zoning
- 14-Downtown Com Dev
Financial2 property facts
- Annual taxes
- $1,755
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $145,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$879 / monthAdjust
- Principal & interest
- $733
- Property tax
- $146
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $1,755. 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 216 Penobscot Avenue
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Request a tour of 216 Penobscot Avenue and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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