87 Park St

Milo, ME 04463

$479,000
Price
—
Beds
—
Baths
7,650 Sq. Ft.
$63 / Sq. Ft.
7,650
Sq. Ft.
$63
per Sq. Ft.
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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...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.
  1. Listed by Dorothea Perkins • Realty of Maine
  2. Listed by Olanna Buck • Realty of Maine

Property Details for 87 Park Street

Waterfront
No
Garage
Yes
Zoning
Commercial
LISTING UPDATED: 12/11/2025 10:27 AM

Property Details for 87 Park Street

StatusActive
MLS #1625291
Days on Market216
Taxes$6,999 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1980
Lot Size2.48 AC / 108,028 SF
CountyPiscataquis County

Location

Listing Courtesy of Realty of Maine
Add your commute

Building Information for 87 Park Street

Stories-Residences-Year Built1980Lot Size2.48 AC / 108,028 SF

Payment Calculator

$2,918 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,335

Property Taxes

$583

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 87 Park Street

Summary
Location and General Information
  • Zip Code: 1141
  • Directions: Route 11, Park Street North-just beyond cemetery on the right
  • Town: Milo
  • State/Province: ME
  • Zip Code: 04463
  • County: Piscataquis
  • Geo Latitude: 45.261544
  • Geo Longitude: -68.988057
  • Tax Lot: 59-1
  • Location:Business District: Yes
  • Location:Near Shopping: Yes
  • Location:Retail Strip: Yes
  • Recreational Water:Nearby: Yes
Parking
  • Parking Features: 21+ Spaces, Other, Off Street
Taxes and HOA Information
  • Tax Book Number: 2788
  • Tax Map Number: 5
  • Tax Year: 2021
  • Parcel Number: MILO-000005-000000-000059-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $6,999.00
Property
Lot Information
  • Lot Size Acres: 2.48
  • Building Area Total: 7650.0
  • Lot Size Area: 2.48
  • Lot Size Units: Acres
  • Lot Size Square Feet: 108028.8
  • Street Number: 87
  • Property Information:Surveyed: Unknown
  • Property Information:Deed: All
  • Property Information:Year Renovated +/-: 2,022.00
Property and Assessments
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1980
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Other Equipment: Internet Access Available, Cable
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Concrete, Block, Masonry, Wood Frame
  • Roof: Flat, Membrane
Interior Features
  • Flooring: Laminate, Concrete
  • Interior Features: Storage
  • Cooling: Heat Pump
  • Heating: Zoned, Other, Heat Pump, Forced Air, Direct Vent Furnace, Blowers
  • Foundation Details: Slab
  • Accessibility Features: Level Entry, Other Bath Modifications
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: Yes
  • Heating YN: Yes

Property History for 87 Park Street

DateEvent & SourcePriceAppreciation
Jun 4, 2025

Listed (Active)

Maine Listings #1625291

$479,000—
DateEvent & SourcePrice
06/04/2025

Listed (Active)

Maine Listings #1625291

$479,000

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

Public Records for 87 Park Street

Taxable ValueLand$21,800Additions$273,600Total$295,400
Tax Record2024$8,050 ($671 / month)
Home Facts
Lot Size108,029 SqFtStyleFinancial BuildingCountyPISCATAQUISAPNMILO M:005 L:059 001 000

Schools near 87 Park Street

This home is within Regional School Unit 41 Msad 41.
Rating
School
Type
Grades
Distance
Milo Elementary School
Public - PK to 2
Brownville Elementary School
Public - 3 to 4
Penquis Valley High School
Public - 5 to 12
Arrows in the Making
Private - K to 12
Rating
School
Distance
Milo Elementary School
PublicPK to 2

Brownville Elementary School
Public3 to 4

Penquis Valley High School
Public5 to 12

Arrows in the Making
PrivateK 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 87 Park Street, Milo, ME 04463

87 Park Street is a mixed use property for sale in Milo, ME 04463. This property was listed for sale on June 4, 2025 by Realty of Maine, it's currently listed at $479,000. This listing's school district is Regional School Unit 41 Msad 41. Nearby schools include Milo Elementary School, Brownville Elementary School and Penquis Valley High School. 87 Park Street is a 0-bed, 0-bath, 7,650 sqft mixed use property built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty of Maine

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.