Description
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
Property Details for 87 Park Street
| Status | Pending |
|---|---|
| MLS # | 1625291 |
| Days on Market | 349 |
| Taxes | $6,999 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Mixed Use |
| MLS Type | Commercial / Mixed Use |
| Year Built | 1980 |
| Lot Size | 2.48 AC / 108,028 SF |
| County | Piscataquis County |
Location
Building Information for 87 Park Street
Payment Calculator
$2,821 per month
30 year fixed, 6.36% Interest
$2,237
$583
$0
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1Property Information for 87 Park Street
- 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
- Construction: Masonry, Wood Frame
- Tree Growth YN2: false
- Parking Features: 21+ Spaces, Off Street, Other Parking
- Parking: Other Parking, 21 Spaces, Garage4, Off Street
- Tax Book Number: 2788
- Tax Map Number: 5
- Tax Year: 2021
- Parcel Number: MILO-000005-000000-000059-000001
- Tax Annual Amount: $6,999.00
- Heat Fuel: Electric, Oil, Other Heat Fuel
- Heat System: Blowers, Direct Vent Furnace, Forced Air, Heat Pump, Other7, Zoned
- 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
- Leased Land: No
- Property Type: Commercial
- Property Type Label: Commercial
- Property Sub-Type: Mixed Use
- Year Built: 1980
- Electric: True
- Sewer: Public Sewer
- Water Source: Public
- Other Equipment: Internet Access Available, Cable
- Utilities:Utilities On: Yes
- Gas:Bottled: Yes
- Construction Materials: Masonry, Wood Frame, Block, Concrete, Vinyl Siding
- Roof: Flat, Membrane
- Basement: Slab2
- Flooring: Concrete, Laminate
- Interior Features: Storage
- Cooling: Heat Pump
- Heating: Electric, Oil, Other Heat Fuel, Blowers, Direct Vent Furnace, Forced Air, Heat Pump, Other, Zoned
- 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
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 20, 2026 | Pending Maine Listings #1625291 | — | |
| May 19, 2026 | Pending Maine Listings #1651831 | — | |
| May 19, 2026 | Active Under Contract Maine Listings #1625291 | — | |
| Feb 13, 2026 | Price Change Maine Listings #1625291 | $449,000 | — |
| Feb 13, 2026 | Listed (Active) Maine Listings #1651831 | $449,000 | — |
| Jun 4, 2025 | Listed (Active) Maine Listings #1625291 | $479,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/20/2026 | Pending Maine Listings #1625291 | — |
| 05/19/2026 | Pending Maine Listings #1651831 | — |
| 05/19/2026 | Active Under Contract Maine Listings #1625291 | — |
| 02/13/2026 | Price Change Maine Listings #1625291 | $449,000 |
| 02/13/2026 | Listed (Active) Maine Listings #1651831 | $449,000 |
| 06/04/2025 | Listed (Active) Maine Listings #1625291 | $479,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 87 Park Street
Schools near 87 Park Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 3 to 4 | |||
| Public - | 5 to 12 | |||
| 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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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 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
