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87 Park Street, Milo, ME 04463

For Sale

$479,000

7,650 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $62.61
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

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 complexâ 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. Guestsâ whether snowmobilers, ATV riders, or traveling work crewsâ 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 garageâ 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 venturesâ from equipment rentals and retail sales to automotive services, recreational outfitting, or expanded lodging. 87 Park Street offers versatility, visibility, and valueâ all in one package. Don't miss this chance to own a truly multi-faceted commercial property in a thriving recreational hub.
MLS# 1625291

Courtesy Of Realty of Maine
458 Main Street, Bangor, ME 04401
(207) 942-6310

Property Features

  • Age
    41-50 Years Old
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Laminate, Concrete
  • Heating System
    Zoned, Forced Air
  • Lot Size
    2.48 Acres
  • Roof Type
    Membrane

Map and Directions

Directions to 87 Park Street, Milo, ME 04463

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.