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Improved Mixed-Use Land for Sale in Milo, Maine

87 Park St, Milo, ME 04463

$479,000
2.48 acres
Active
Est $2,930/mo

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 complexaEUR"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. GuestsaEUR"whether snowmobilers, ATV riders, or traveling work crewsaEUR"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 garageaEUR"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 venturesaEUR"from equipment rentals and retail sales to automotive services, recreational outfitting, or expanded lodging. 87 Park Street offers versatility, visibility, and valueaEUR"all in one package. Don't miss this chance to own a truly multi-faceted commercial property in a thriving recreational hub.

7,650
Sq feet
1980
Built

Location

Street address
87 Park St

Property details

Acreage
2.48 acres
Zoning
Commercial
MLS #
MREIS 1625291
Posted

Property taxes

2021
$6,999

Details and features

Listing

Type
Residential

Lot

Features
Business District, Near Shopping, Retail Strip

Exterior

Parking
Off Street
Structures
Storage

Structure

Water
Public
Sewer
Public Sewer
Heating
Forced Air, Heat Pump, Zoned
Materials
Block, Concrete, Masonry, Vinyl Siding, Wood Frame
Roof
Flat, Membrane

Interior

Flooring
Laminate

Listing history

DateEventPriceChangeSource
June 4, 2025New listing$479,000MREIS
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This 2.48-acre property is located at 87 Park St in Milo, ME 04463. The property is available for sale for $479,000. It has a 7,650 sq ft structure built in 1980.

Checked 1 hour ago — Updated

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