87 Park St
Milo, ME 04463

$449,000

Price

Beds

Baths

7,650 Sq. Ft.

$59 / Sq. Ft.

7,650

Sq. Ft.

$59

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.

Listed by Dorothea Perkins • Realty of Maine
Listed by Olanna Buck • Realty of Maine

Property Details for 87 Park Street

Waterfront

ArchitecturalStyle

Other, Camp, Bungalow

Garage Spaces

6.00

Garage

Yes

Zoning

Commercial

LISTING UPDATED: 02/13/2026 12:32 PM

Property Details for 87 Park Street

Status	Active
MLS #	1651831
Days on Market	35
Taxes	$8,271 / year
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Multi-Family
Year Built	1980
Lot Size	2.48 AC / 108,028 SF
County	Piscataquis County

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Location

Listing Courtesy of Realty of Maine

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Building Information for 87 Park Street

Stories-Residences6Year Built1980Building Size-Lot Size2.48 AC / 108,028 SF

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$2,868 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,179

Property Taxes

$689

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 87 Park Street

Summary

Location and General Information

Road Surface Type: Paved
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: 45.261806
Geo Longitude: -68.988854
Tax Lot: 59-1
Site:Level: Yes
Site:Open: Yes
Location:Business District: Yes
Location:Near Shopping: Yes
Location:Retail Strip: Yes
Transportation:Major Road Access: Yes
Recreational Water:Nearby: Yes

Parking

Parking Features: 21+ Spaces, Gravel, On Site, Other, Detached, Off Street
Attached Garage: No

Taxes and HOA Information

Tax Book Number: 2788
Tax Map Number: 5

Tax Year: 2025
Parcel Number: MILO-000005-000000-000059-000001
Location Information:Association Y/N: No
Tax Annual Amount: $8,271.00

Property

Heating and Cooling

Water Heater:Electric: Yes

Lot Information

SqFt Finished Below Grade: 0.0
SqFt Finished Above Grade: 7650.0

Lot Size Acres: 2.48
Source of Acreage: Public Records
Building Area Total: 7650.0
Lot Size Area: 2.48
Lot Size Units: Acres
Lot Size Square Feet: 108028.8
Bathrooms Full: 6
Bathrooms Half: 0
Street Number: 87
Property Information:Surveyed: Unknown
Property Information:Seasonal: No
Property Information:Total Half Baths: .00

Parking

Driveway:Gravel: Yes

Property and Assessments

Sign on Property: Yes
Leased Land: No

Property Type: Multi-Family
Property Type Label: Multi-Family
Year Built: 1980

Utilities

Electric: True
Sewer: Yes

Water Source: Public
Utilities:Utilities On: Yes
Gas:Bottled: Yes

Interior and Exterior Features

Exterior Features

Construction Materials: Vinyl Siding, Concrete, Block, Masonry, Wood Frame
Vehicle Storage:4+ Car: Yes

Vehicle Storage:Detached: Yes
Roof: Flat, Membrane, Metal
Other Structures: Outbuilding

Interior Features

Basement: Not Applicable
Flooring: Laminate, Concrete

Interior Features: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, One-Floor Living, Shower
Cooling: Heat Pump
Heating: Zoned, Heat Pump, Forced Air, Direct Vent Furnace, Blowers
Foundation Details: Slab
Bathrooms Total (Integer): 6
Bathrooms Total (Decimal): 6.00
Bathrooms Total (Notational): 6.00
Cooling YN: Yes
Heating YN: Yes

Multi Family

Income & Expenses Information

Gross Income: $.00
Operating Expenses: $.00

Multi-Family Information

Number of Units: 6

Unit 1

Unit 1:Lease: No
Unit 1:Level: First

Unit 1:Security Deposit: No
Unit 1:Monthly Rent: $.00
Unit 1:# Full Baths: 1.00
Unit 1:# of Half Baths: .00
Unit 1:# of Rooms: 1.00
Unit 1:# of Bedrooms: 1.00
Unit 1:Dedicated Electric Meter: No
Unit 1:Dedicated Gas Meter: No
Unit 1:Dedicated Water Heater: Yes
Unit 1:Electric: Yes
Unit 1:Heat: Yes
Unit 1:Range: No
Unit 1:Refrigerator: Yes
Unit 1:Sewer: Yes
Unit 1:Water: Yes

Unit 2

Unit 2:Lease: No
Unit 2:Level: First

Unit 2:Security Deposit: No
Unit 2:Monthly Rent: $.00
Unit 2:# Full Baths: 1.00
Unit 2:# Half Baths: .00
Unit 2:# of Rooms: 1.00
Unit 2:# of Bedrooms: 1.00
Unit 2:Dedicated Electric Meter: No
Unit 2:Dedicated Gas Meter: No
Unit 2:Dedicated Water Heater: Yes
Unit 2:Electric: Yes
Unit 2:Heat: Yes
Unit 2:Range: No
Unit 2:Refrigerator: Yes
Unit 2:Sewer: Yes
Unit 2:Water: Yes

Unit 3

Unit 3:Lease: No
Unit 3:Level: First

Unit 3:Security Deposit: No
Unit 3:Monthly Rent: $.00
Unit 3:# Full Baths: 1.00
Unit 3:# Half Baths: .00
Unit 3:# of Rooms: 1.00
Unit 3:# of Bedrooms: 1.00
Unit 3:Dedicated Electric Meter: No
Unit 3:Dedicated Gas Meter: No
Unit 3:Dedicated Water Heater: Yes
Unit 3:Electric: Yes
Unit 3:Heat: Yes
Unit 3:Range: No
Unit 3:Refrigerator: Yes
Unit 3:Sewer: Yes
Unit 3:Water: Yes

Unit 4

Unit 4:Lease: No
Unit 4:Level: First

Unit 4:Security Deposit: No
Unit 4:Monthly Rent: $.00
Unit 4:# Full Baths: 1.00
Unit 4:# Half Baths: .00
Unit 4:# of Rooms: 1.00
Unit 4:# of Bedrooms: .00
Unit 4:Dedicated Electric Meter: No
Unit 4:Dedicated Gas Meter: No
Unit 4:Dedicated Water Heater: Yes
Unit 4:Electric: Yes
Unit 4:Heat: Yes
Unit 4:Range: No
Unit 4:Refrigerator: Yes
Unit 4:Water: Yes

Unit 5

Unit 5:Lease: No
Unit 5:Level: First

Unit 5:Security Deposit: No
Unit 5:Monthly Rent: $.00
Unit 5:# Full Baths: 1.00
Unit 5:# Half Baths: .00
Unit 5:# of Rooms: 1.00
Unit 5:# of Bedrooms: 1.00
Unit 5:Dedicated Electric Meter: No
Unit 5:Dedicated Gas Meter: No
Unit 5:Dedicated Water Heater: Yes
Unit 5:Electric: Yes
Unit 5:Heat: Yes
Unit 5:Range: No
Unit 5:Refrigerator: Yes
Unit 5:Sewer: Yes
Unit 5:Water: Yes

Unit 6

Unit 6:Lease: No
Unit 6:Level: First

Unit 6:Security Deposit: No
Unit 6:Monthly Rent: $.00
Unit 6:# Full Baths: 1.00
Unit 6:# Half Baths: .00
Unit 6:# of Rooms: 1.00
Unit 6:# of Bedrooms: 1.00
Unit 6:Dedicated Electric Meter: No
Unit 6:Dedicated Gas Meter: No
Unit 6:Dedicated Water Heater: Yes
Unit 6:Electric: Yes
Unit 6:Heat: Yes
Unit 6:Range: No
Unit 6:Refrigerator: Yes
Unit 6:Sewer: Yes
Unit 6:Water: Yes

Unit 19

Unit 19:Heat: Yes
Unit 19:Range: No

Unit 19:Sewer: Yes
Unit 19:Water: Yes

Unit 20

Unit 20:Heat: Yes
Unit 20:Range: No

Unit 20:Refrigerator: Yes
Unit 20:Sewer: Yes
Unit 20:Water: Yes

Unit Information

Units:# of 1 BD Units: 6
Units:# of 2 BD Units: 0

Units:# of 3 BD Units: 0
Units:# of 4+ BD Units: 0

Property History for 87 Park Street

Date	Event & Source	Price	Appreciation
Feb 13, 2026	Price Change Maine Listings #1625291	$449,000	—
Jun 4, 2025	Listed (Active) Maine Listings #1651831	$449,000	—
Jun 4, 2025	Listed (Active) Maine Listings #1625291	$479,000	—

Date	Event & Source	Price
02/13/2026	Price Change Maine Listings #1625291	$449,000
06/04/2025	Listed (Active) Maine Listings #1651831	$449,000
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 Record2025$8,271 ($689 / 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
NR	Milo Elementary School	Public - Serves this home	PK to 2	0.9 mi
6/10	Brownville Elementary School	Public - Serves this home	3 to 4	4.9 mi
1/10	Penquis Valley High School	Public - Serves this home	5 to 12	0.8 mi
NR	Arrows in the Making	Private - Nearby school	K to 12	0.7 mi


Rating	School	Distance
NR	Milo Elementary School PublicPK to 2 Serves this home	0.9 mi
6/10	Brownville Elementary School Public3 to 4 Serves this home	4.9 mi
1/10	Penquis Valley High School Public5 to 12 Serves this home	0.8 mi
NR	Arrows in the Making PrivateK to 12 Nearby school	0.7 mi

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 multi-family home 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 $449,000. 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 5-bed, 6-bath, 7,650 sqft multi-family home 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.

87 Park StMilo, ME 04463

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More information about 87 Park Street, Milo, ME 04463

87 Park St
Milo, ME 04463