87 Park Street , Milo, ME 04463

$449,000
  • 87 Park Street , Milo, ME 04463 Main Photo

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Active
BEDS0 BATHS6 full SQUARE FEET7,650 MLS#1651831
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

87 Park Street | MLS# 1651831

This multi-family property located at 87 Park Street , Milo, ME 04463 is currently listed for sale with an asking price of $449,000. Search Milo real estate on www.spragueandcurtis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Not Applicable
Cooling: Heat Pump
Garage: 6
Heating: Blowers, Direct Vent Furnace, Forced Air, Heat Pump, Z
Home Style: Bungalow, Camp, Other
Lot Size: 2.48 Acres
Roof Type: Flat, Membrane, Metal
Taxes: $8,271
Year Built: 1980

Feature Descriptions

Electric: Circuit Breakers
Flooring: Concrete, Laminate
Lot: Business District
Sewer: Public Sewer
SQ FT Above Grade: 7650
SQ FT Below Grade: 0
Water: Public

Listed By / Shown By

Listed By

Agency Name: Realty of Maine
Agency Phone: 207-942-6310

Shown By

Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123

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Estimated Payment

$ 1,819.49 per month $999.28 Principal & Interest $689.25 Property Tax $130.96 Homeowner's Insurance

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