240 Penobscot Ave Millinocket, ME 04462
Property details
About 240 Penobscot Ave
Prime Commercial Property in Downtown Millinocket Located in the heart of Millinocket, this exceptional commercial property offers unrivaled visibility at the highest-traffic intersection in town, directly at the corner of Main Street and Central Street. As the gateway to Baxter State Park and the North Maine Woods, this unique property is a must-see for anyone passing through Millinocket—you can't drive through town without noticing it! This mixed-use property features 7 apartments and 6 commercial units, making it an ideal investment for a variety of business or residential opportunities. The strategic location offers a constant stream of potential customers and residents, whether you're looking to establish a retail store, restaurant, office space, or residential units. With its high-traffic location and proximity to one of Maine's most popular outdoor destinations, the property is poised for success. Whether you're looking to lease or expand your business, or seeking a vibrant residential community with the convenience of nearby shops, restaurants, and the scenic beauty of Baxter State Park, this property offers limitless potential. Don't miss the opportunity to own a piece of Millinocket's prime real estate in one of the best locations in town!
Highlights
Summary
- MLS Number: 1617812
- MLS Name: Maine Listings
- Office Name: North Woods Real Estate, LLC
- Office Phone: (207) 723-9086
- Office Email: NWRE@myfairpoint.net
Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. 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. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/16/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$294,500
240 Penobscot Ave
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $155,200 | $4,377 |
| 2022 | $137,800 | $4,065 |
| 2020 | $118,800 | $4,039 |
| 2019 | $118,800 | $3,920 |
History based on county public records data.
Nearby schools
7
Granite Street School
Public District PK-5
0.3 mi
•191 Granite St
5
Opal Myrick Elementary School
Public District PK-4
6.9 mi
•45 North St
2
Ella P. Burr School
Public District PK-3
21.9 mi
•23 Ella P Burr St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,529. Typical income of Millinocket, ME residents is less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Hunting
Pro Wrestling
Where do the neighbors shop?
Dollar General
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
GMC
Ram
Dodge
What do the neighbors listen to?
Classic Country- Country
Oldies
Frequently asked questions
About 240 Penobscot Ave
This home is located at 240 Penobscot Ave in Millinocket, ME and zip code 04462. This 11,279 square foot home, which was built in 1910, sits on a 0.17 acre lot. Features: 8 bedrooms, 8 bathrooms. It is currently priced at $294,500.