117 Mill St

Orono, ME 04473

$619,900
Price
—
Beds
—
Baths
4,560 Sq. Ft.
$136 / Sq. Ft.
4,560
Sq. Ft.
$136
per Sq. Ft.
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Description

Orono, Maine
Multi-Use Investment Opportunity | Mill Street, Orono
Well-positioned multi-use property offering strong investment potential in a highly accessible Orono location. This vacant three-story building provides flexibility for an owner-investor or operator to establish lease structures, rental rates, and tenant mix based on current market conditions and permitted uses. The property supports a variety of potential configurations, including residential, office, and commercial applications (subject...Orono, Maine

Multi-Use Investment Opportunity | Mill Street, Orono

Well-positioned multi-use property offering strong investment potential in a highly accessible Orono location. This vacant three-story building provides flexibility for an owner-investor or operator to establish lease structures, rental rates, and tenant mix based on current market conditions and permitted uses. The property supports a variety of potential configurations, including residential, office, and commercial applications (subject to local approvals). Its vacant condition allows for immediate updates, leasing, or occupancy without existing tenancy constraints, offering a streamlined path for repositioning or redevelopment. Recent improvements include updated heating systems and a reinforced foundation, supporting long-term stability and operational efficiency. Residential units are equipped with in-unit washer and dryer connections, and one unit is offered furnished, providing added flexibility for short- or long-term rental strategies. Located on Mill Street with strong visibility, the property includes a garage on site and ample on-site parking to accommodate tenants, customers, or mixed-use configurations. Public transportation access further enhances convenience and connectivity. The location offers close proximity to downtown Orono amenities, including dining, retail, services, and recreation. The nearby University of Maine supports steady demand drivers for both residential and commercial space, while regional transportation access enhances overall accessibility. This property presents a versatile opportunity for investors, owner-users, or developers seeking a flexible asset with repositioning potential in a strong market environment. Schedule a private showing to explore the possibilities this property offers.
  1. Listed by Adrian Nadeau • ERA Dawson-Bradford Co.
  2. Listed by Bruce Bragdon • ERA Dawson-Bradford Co.

Property Details for 117 Mill Street

Waterfront
No
Waterfront Features
Nearby
Garage
Yes
Zoning
HDR
LISTING UPDATED: 06/30/2026 04:31 PM

Property Details for 117 Mill Street

StatusActive
MLS #1669656
Days on Market1
Taxes$8,565 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1910
Lot Size0.25 AC / 10,890 SF
CountyPenobscot County
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Location

Listing Courtesy of ERA Dawson-Bradford Co.
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Building Information for 117 Mill Street

Stories3Residences-Year Built1910Lot Size0.25 AC / 10,890 SF

Payment Calculator

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$3,803 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,089

Property Taxes

$714

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 117 Mill Street

Summary
Location and General Information
  • Zip Code: 4038
  • Directions: Main Street Orono to right on Mill Street. Past restaurants after Beech Street on the right.
  • Town: Orono
  • State/Province: ME
  • Zip Code: 04473
  • County: Penobscot
  • Geo Latitude: 44.882419
  • Geo Longitude: -68.667535
  • Tax Lot: 043
  • Location:Near Shopping: Yes
  • Location:Suburban: Yes
  • Recreational Water:Nearby: Yes
  • Construction: Masonry
  • Tree Growth YN2: false
Parking
  • Parking Features: 5 - 10 Spaces, On Site, Paved
  • Parking: 5 - 10 Spaces, Garage4, On Site2, Paved3
Taxes and HOA Information
  • Tax Book Number: 15901
  • Tax Block: 12
  • Tax Map Number: 27
  • Tax Year: 2025
  • Parcel Number: ORON-027012-000000-000043
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $8,565.00
Property
Heating and Cooling
  • Heat Fuel: Gas Bottled
  • Heat System: Baseboard, Hot Water, Zoned
Lot Information
  • Lot Size Acres: 0.25
  • Building Area Total: 4560.0
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10890.0
  • Street Number: 117
  • Property Information:Surveyed: Unknown
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:Year Renovated +/-: 2,021.00
  • Property Information:Total # Floors: 3.00
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1910
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Masonry, Stucco, Vinyl Siding
  • Roof: Membrane
  • Other Structures: Outbuilding
Interior Features
  • Basement: Full, Unfinished
  • Flooring: Carpet, Vinyl
  • Cooling: None
  • Heating: Gas Bottled, Baseboard, Hot Water, Zoned
  • Foundation Details: Poured Concrete, Stone
  • # Floors: 3
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: No
  • Heating YN: Yes

Property History for 117 Mill Street

DateEvent & SourcePriceAppreciation
Jun 30, 2026

Listed (Active)

Maine Listings #1669656

$619,900—
Feb 11, 2021

Sold

Maine Listings #1482463

$375,000—
Jan 11, 2021

Active Under Contract

Maine Listings #1482463

—
DateEvent & SourcePrice
06/30/2026

Listed (Active)

Maine Listings #1669656

$619,900
02/11/2021

Sold

Maine Listings #1482463

$375,000
01/11/2021

Active Under Contract

Maine Listings #1482463

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 117 Mill Street

Taxable ValueLand$48,000Additions$382,400Total$430,400
Tax Record2025$8,565 ($714 / month)
Home Facts
Total Finished SqFt4,560 SqFtAbove Grade Finished SqFt4,560 SqFtStories3Lot Size10,890 SqFtStyleOffice BuildingYear Built1910CountyPENOBSCOTAPNORON M:027-012 L:043

Schools near 117 Mill Street

This home is within Regional School Unit 26.
Rating
School
Type
Grades
Distance
Asa C Adams School
Public - PK to 5
Orono Middle School
Public - 6 to 8
Orono High School
Public - 9 to 12
Rating
School
Distance
Asa C Adams School
PublicPK to 5

Orono Middle School
Public6 to 8

Orono High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 117 Mill Street, Orono, ME 04473

117 Mill Street is a mixed use property for sale in Orono, ME 04473. This listing's school district is Regional School Unit 26. Nearby schools include Asa C Adams School, Orono Middle School and Orono High School. 117 Mill Street is a 0-bed, 0-bath, 4,560 sqft mixed use property built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of ERA Dawson-Bradford Co.

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