Listed by ERA Dawson-Bradford Co., Realtors
$249,900
158 Penobscot Ave
Details
APN MLNK-000005-000000-000239U
Property Type Retail, Office
Sub Type Executive Office, General Commercial
Square Footage 1,533
Year Built 1925
Year Renovated 2015
Acreage 0.050
Zoning R4
Investment Type Owner/User
Retail | 1,533 SqFt
Marketing description
Excellent commercial opportunity on Penobscot Avenue in the downtown Millinocket business district. This fully renovated office building offers over 1,500 sq. ft. of functional space,
including a welcoming reception area, three well-sized private offices, a kitchen area, and six heat pumps providing efficient climate control throughout. The layout offers privacy and
flexibility to accommodate a variety of professional uses. The property benefits from steady vehicle and pedestrian activity, with convenient access to public parking located directly
adjacent and owned by the Town of Millinocket. It is currently occupied under a month-to-month triple-net lease, with the tenant intending to vacate in mid-2026, creating an opportunity
for either a new tenant or an owner-occupied business. Located in the Katahdin Region near Baxter State Park and Mount Katahdin, this space offers strong visibility and accessibility in
a desirable commercial corridor.
Investment highlights
- Utilities: Utilities On: No
- Parking: Off Street; Other Parking
- Location: Business District; Near Shopping
- Electric: Circuit Breakers
- Gas: No Gas
- Basement: Slab
- Construction: Masonry
- Foundation Materials: Poured Concrete; Slab
- Exterior: Block
- Roof: Flat
- Heat System: Baseboard; Heat Pump
- Heat Fuel: Electric Water: Public
- Sewer: Public Sewer
Listing Contacts
Listed by ERA Dawson-Bradford Co., Realtors
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