87 Park StreetMilo, ME 04463Price: $449,000

  • Price: $449,000
  • Est. Mortgage of $/month
  • 121 Days on Market
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $449,000List Price
  • 6Bathrooms
  • 7,650Square Feet
87 Park Street, Milo - Multi-Use Investment Property with Cabins, Commercial Buildings & Endless Potential If you're searching for a smart investment with multiple income streams and true four-season appeal, this rare find in the heart of Milo checks all the boxes. Set on a high-visibility stretch of Main Street, this dynamic commercial property features six well-appointed rental cabins plus a versatile commercial building complex-perfect for maximizing both hospitality and business revenue. Each of the six rental cabins is designed for comfort and convenience, with heat pumps, microwaves, and newer, functional furnishings. Guests-whether snowmobilers, ATV riders, or traveling work crews-will appreciate the easy trail access and ample parking for trucks, trailers, and outdoor equipment. These 4-season units are ideal for weekend warriors, clubs, or long-term renters, making them a consistent income generator year-round. But that's just the beginning. The property also includes a huge commercial warehouse, showroom, and multi-bay garage-currently used as a car lot, auto repair shop, retail space, and storage facility. The building is outfitted with heat pumps and a newer, efficient waste oil burner, ensuring affordable, reliable heating throughout. With its flexible layout, high traffic exposure, and prime Main Street location, this property is ready to support a wide range of ventures-from equipment rentals and retail sales to automotive services, recreational outfitting, or expanded lodging. 87 Park Street offers versatility, visibility, and value-all in one package. Don't miss this chance to own a truly multi-faceted commercial property in a thriving recreational hub.
Listed by Dorothea Perkins of Realty of Maine

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More Info

Tax Information

  • Parcel Number MILO-000005-000000-000059-000001
  • Taxes$8,271

Basic Information

  • List Price$449,000
  • LocationTypeBusiness District, Near Shopping, Retail Strip
  • MLS Number1651831
  • Property TypeMulti-Family
  • StatusPEN

Property

  • Other Structures Outbuilding
  • Road Surface Type Paved
  • Sign On Property YN Yes
  • Site Level, Open
  • Vehicle Storage 4+ Car, Detached

Property Information

  • Acreage2.48
  • Lot Features Business District, Level, Open Lot
  • Square Feet7,650

Parking

  • Parking 21+ Spaces, On Site, Other Parking, Off Street
  • Parking Features Gravel,21+ Spaces, On Site, Other Parking, Off Street

Building

  • BasementSlab
  • Building ConstructionMasonry, Wood Frame
  • Flooring Concrete, Laminate
  • FoundationSlab
  • GarageYes
  • Garage Spaces6
  • Property StyleBungalow, Camp, Other
  • Units6
  • Year Built1980

Utilities

  • Cooling Heat Pump
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat System
    • Blowers
    • Direct Vent Furnace
    • Electric
    • Forced Air
    • Heat Pump
    • Oil
    • Other
    • Zoned
  • Heating FuelElectric, Oil, Other Heat Fuel
  • Heating YN Yes
  • Recreational Water Nearby
  • Utilities Utilities On
  • Waste Water DisposalPublic Sewer

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Full Bath6

Location

  • Address87 Park Street
  • Building Number87
  • CountyPiscataquis
  • StateME
  • StreetPark Street
  • TownMilo
  • Zip04463

Interior

  • Interior Features 1st Floor Bedroom, One-Floor Living, Shower

Exterior

  • Exterior Block, Concrete, Vinyl Siding
  • RoofFlat, Membrane, Metal

Amenities

  • Amenities1st Floor Bedroom, 1st Floor Primary BR w/Bath, One-Floor Living, Shower
  • Other AmenitiesBasement

Water Body

  • Water AccessPublic

Other

  • Date Listed02/13/2026
  • Unit 1 Full Baths 1
  • Unit 1 Level First
  • Unit 1 Rooms 1
  • Unit 1 Water Yes
  • Unit 2 Full Baths 1
  • Unit 2 Level First
  • Unit 2 Rooms 1
  • Unit 2 Water Yes
  • Unit 3 Full Baths 1
  • Unit 3 Level First
  • Unit 3 Rooms 1
  • Unit 3 Water Yes
  • Unit 4 Full Baths 1
  • Unit 4 Level First
  • Unit 4 Rooms 1
  • Unit 4 Water Yes

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

46 Casco Rd, Brunswick - Portside Luxury Home participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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