About this home
Prime commercial opportunity in the heart of Milo! This versatile, high-visibility property at 20 Park Street has been home to a successful multi-use establishment featuring a full-service restaurant, convenience store, ice cream window, full bar, and pool room that could also be used as an event space. The property also includes a propane dispensary, creating multiple revenue streams under one roof. With ample on-site parking and excellent accessibility, this well-known location is perfectly positioned for continued operation or creative redevelopment. The flexible layout and strong local presence offer tremendous potential for expansion, new business concepts, or additional income opportunities. Whether you're looking to step into a turn-key business or reimagine the space for your own venture, this property delivers location, versatility, and opportunity.
Listing last checked: Listing updated:
Listed by Listing Agent · Realty of Maine · MLS #1653147
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Details at a glance
Interior3 property facts
- Heating
- Electric, Propane, Heat Pump, Radiant
- Cooling
- Heat Pump
- Flooring
- Concrete, Vinyl
Building4 property facts
- Style
- Mixed Use
- Year built
- 1998
- Foundation
- Brick/Mortar, Slab
- Roof
- Metal, Shingle
Land & utilities5 property facts
- Lot size
- 0.81 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- Commercial
Financial2 property facts
- Annual taxes
- $6,339
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $399,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,550 / monthAdjust
- Principal & interest
- $2,022
- Property tax
- $528
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $6,339. 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 20 Park Street
Can I request a private showing?
Request a tour of 20 Park Street 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.