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.

More Info

Tax Information

Parcel Number MLNK-000005-000000-000239U
Taxes$1,185

Location

Address158 Penobscot Avenue
Building Number158
CountyPenobscot
StateME
StreetPenobscot Avenue
TownMillinocket
Zip04462

Utilities

Cooling Heat Pump, Other
Cooling YN Yes
Electric Circuit Breakers
Heat SystemElectric, Baseboard, Heat Pump
Heating FuelElectric
Heating YN Yes
Waste Water DisposalPublic Sewer

Parking

Parking Other Parking, Off Street
Parking Features Off Street, Other Parking

Building

Building ConstructionMasonry
Commercial Bldg Information Confidentiality Statement Yes
Commercial Bldg Information Office Sq Ft 1,533
Flooring Ceramic Tile, Tile
FoundationPoured Concrete, Slab
Stories1
Year Built1925

Water Body

Water AccessPublic

Legal

ZoningR4

Other

Date Listed11/28/2025

Basic Information

List Price$249,900
LocationTypeBusiness District, Near Shopping
MLS Number1644421
Property SubTypeGeneral Commercial
Property TypeCommercial Sale
StatusACT

Property

Business TypeCommercial, Executive Suites, Medical, Office Building

Exterior

Exterior Block
RoofFlat

Property Information

Acreage0.05
Lot Features Business District, Near Shopping
Property Uses Medical, Office Building, Commercial, Executive Suites
Square Feet1,533

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158 Penobscot AvenueMillinocket, ME 04462Price: $249,900

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