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140 Penobscot Avenue , Millinocket, ME 04462

$195,000
  • 140 Penobscot Avenue , Millinocket, ME 04462 Main Photo

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Pending
SQUARE FEET6,354 MLS#1661847
STATUSPending PROPERTY TYPECommercial - Business

Property Description

Attention entrepreneurs and investors! This property is a move in ready, currently produces income with a long term tenant and is truly a steal at this price!!! An updated, very well maintained and ready for use commercial building located in the heart of downtown Millinocket. The first floor commercial space was the home of the well known Emerson Pharmacy which was a staple in the community for many years. The upstairs of the property was originally the home to the Millinocket Masonic lodge and their meeting hall which is still in place giving it historical value to the community. With three entrances to the main floor and access to the large dry basement for extra storage there are multiple options to divide this into separate units and incomes. The main floor has a grid drop ceiling in place covering an old style tin ceiling from the original space that could easily be exposed and refurbished. Currently the upstairs is used as an apartment with high ceilings, 2 bedrooms, 1 full bath, 2 half baths, kitchen, dining room, living room and still has plenty of space to add an extra unit. The property has two new furnaces that were installed in 2014, two new oil tanks, new electrical and central air conditioning throughout

140 Penobscot Avenue | MLS# 1661847

This commercial property located at 140 Penobscot Avenue , Millinocket, ME 04462 is currently listed for sale with an asking price of $195,000. Search Millinocket real estate on ldube.spragueandcurtis.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Basement: Full
Cooling: Central Air
Heating: Oil, Baseboard, Hot Water
Lot Size: 0.11 Acres
Roof Type: Tar/Gravel
Taxes: $3,436

Feature Descriptions

Electric: Circuit Breakers
Exterior: Brick, Vinyl Siding
Flooring: Carpet, Tile, Wood
Foundation: Stone
Lot: Business District
Parking: 1 - 4 Spaces, On Street
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: North Woods Real Estate, LLC
Agency Phone: 207-723-9086

Shown By

Agent Name: Lori Dube
Agent Phone: (207) 620-0886
Agency Title: Sprague and Curtis Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/02/2026. The listing information on this page last changed on 06/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/02/2026 2:03:22 PM EST) or MREIS (last updated Tue 06/02/2026 1:55:18 PM EST). Real estate listings held by brokerage firms other than Sprague and Curtis Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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