973 Central Street

Closed 7/19/24

Back Exterior in Winter with Snowmobiles

Sold

Last Sold Price

$530,000

14,660 sqft

973 Central St, Millinocket, ME 04462

Mixed UseProperty Type

4.6 acresLot Size

1958Year Built

$36/sq ftPrice per sq ft

Description

Offering an exciting opportunity for a hospitality entrepreneur in Maine! The Pamola Motor Lodge, an esteemed commercial motel property in Millinocket, ME, features 24 interior- and exterior-corridor guest rooms with ensuite bathrooms, a recently renovated 130-occupant lounge, and an attached leased and operating restaurant. All furniture, fixtures, and equipment will be included. The property also includes a camping bathhouse with seven tent sites, which adds to its income potential and allure for...Offering an exciting opportunity for a hospitality entrepreneur in Maine! The Pamola Motor Lodge, an esteemed commercial motel property in Millinocket, ME, features 24 interior- and exterior-corridor guest rooms with ensuite bathrooms, a recently renovated 130-occupant lounge, and an attached leased and operating restaurant. All furniture, fixtures, and equipment will be included. The property also includes a camping bathhouse with seven tent sites, which adds to its income potential and allure for tourists and hikers who frequent Millinocket to explore Baxter State Park, the Katahdin Woods & Waters National Monument, or to complete the Appalachian Trail hike. With its ample parking and strategic location off the Interstate Trail and ATV Trail Systems, the property also provides significant benefits to snowmobilers and outdoor enthusiasts seeking accommodations in the area. Contact us today to explore this unique property in Northern Maine!

Listed by: Richard Yost III • NextHome NorthEast Realty

Listing closed: 07/19/2024 12:00 AM • Source: Maine Listings, MLS#: 1583006

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Location

Listing Courtesy of NextHome NorthEast Realty

Sold By NextHome NorthEast Realty

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$4,153 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,829

Property Taxes

$1,323

HOA Dues

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Property Information for 973 Central Street

Property Details

Taxes: $15,877 / year
MLS Type: Commercial / Mixed Use
County: Penobscot County
Zoning: HC

Building Information

Stories: 2
Year Built: 1958
Lot Size: 4.60 AC / 200,376 SF

Summary

Location and General Information

Zip Code: 2124
Town: Millinocket

State/Province: ME
Zip Code: 04462
County: Penobscot
Geo Latitude: 45.657501
Geo Longitude: -68.681567
Tax Lot: 003
Construction: Wood Frame

Parking

Parking Features: 21+ Spaces, On Site, Other Parking, Paved
Parking: Other Parking, 21 Spaces, On Site2, Paved3

Taxes and HOA Information

Tax Book Number: 8993
Tax Map Number: U11

Tax Year: 2023
Parcel Number: MLNK-000011-000000-000003U
Location Information:Association Y/N: No
Tax Annual Amount: $15,877.00

Property

Heating and Cooling

Heat Fuel: Oil
Heat System: Baseboard, Hot Water

Lot Information

Lot Size Acres: 4.6
Building Area Total: 14660.0

Lot Size Area: 4.6
Lot Size Units: Acres
Lot Size Square Feet: 200376.0
Street Number: 973
Property Information:Surveyed: Yes
Property Information:Deed/Conveyance Type Offered: Quit Claim
Property Information:Deed: All
Property Information:Total # Floors: 2.00

Property and Assessments

Leased Land: No
Property Type: Commercial

Property Type Label: Commercial
Property Sub-Type: Mixed Use
Year Built: 1958

Utilities

Electric: Circuit Breakers
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: Wood Frame, Wood Siding
Roof: Membrane

Interior Features

Basement: Slab2
Flooring: Carpet, Laminate, Tile

Cooling: Wall/Window Unit(s)
Heating: Oil, Baseboard, Hot Water
Foundation Details: Slab, Poured Concrete
Accessibility Features: Level Entry
# Floors: 2
Bathrooms Total (Integer): 0
Bathrooms Total (Decimal): .00
Bathrooms Total (Notational): .00
Cooling YN: Yes
Heating YN: Yes

Property History for 973 Central Street

Date	Event & Source	Price	Appreciation
Jul 19, 2024	Sold Maine Listings #1583006	$530,000	—
Apr 25, 2024	Pending Maine Listings #1583006		—
Apr 25, 2024	Active Under Contract Maine Listings #1583006		—
Mar 16, 2024	Price Change Maine Listings #1583006	$600,000	—
Feb 27, 2024	Listed (Active) Maine Listings #1583006	$949,000	—

Date	Event & Source	Price
07/19/2024	Sold Maine Listings #1583006	$530,000
04/25/2024	Pending Maine Listings #1583006	—
04/25/2024	Active Under Contract Maine Listings #1583006	—
03/16/2024	Price Change Maine Listings #1583006	$600,000
02/27/2024	Listed (Active) Maine Listings #1583006	$949,000

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

Public records

973 Central Street

Lot Size

100,188 SqFt

Zoning

County

PENOBSCOT

APN

MLNK M:U11 L:003

Schools near 973 Central Street

This home is within Millinocket Public Schools.


Rating	School	Type	Grades	Distance
7/10	Granite Street School	Public - Serves this home	PK to 5	1.2 mi
3/10	Stearns High School	Public - Serves this home	6 to 12	1.2 mi


Rating	School	Distance
7/10	Granite Street School PublicPK to 5 Serves this home	1.2 mi
3/10	Stearns High School Public6 to 12 Serves this home	1.2 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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 973 Central Street, Millinocket, ME 04462	$530,000	–	–	14,660	200,376
970 Central Street, Millinocket, ME 04462	–	–	–	–	100,188
991 Central Street, Millinocket, ME 04462	–	–	–	–	100,188
953 Central Street, Millinocket, ME 04462	–	–	–	–	45,302
943 Central Street, Millinocket, ME 04462	–	–	–	–	58,370
1030 Central Street, Millinocket, ME 04462	–	–	–	–	241,322
20 Cedar Street, Millinocket, ME 04462	–	–	–	–	100,188
936 Central Street, Millinocket, ME 04462	–	–	–	–	100,188
9 Cedar Street, Millinocket, ME 04462	–	–	–	–	7,405
1000 Central Street, Millinocket, ME 04462	–	–	–	–	199,940
935 Central Street, Millinocket, ME 04462	–	–	–	–	96,703
1009 Central Street, Millinocket, ME 04462	$330,000	–	–	10,286	100,188
27 Cedar Street, Millinocket, ME 04462	$29,000	3	2	980	7,405
33 Cedar Street, Millinocket, ME 04462	$30,000	2	2	720	7,405
41 Cedar Street, Millinocket, ME 04462	$73,500	2	2	980	7,840
1024 Central Street, Millinocket, ME 04462	–	–	–	–	61,420

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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.