Milo
$449,000
87 Park Street
mls: 1651831
Bathrooms: 6
Year Built: 1980
Sq Footage: 7,650
Lot Size: 2.48
Taxes: $8,271
Status: Active

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.

Listed by: Realty of Maine

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: Realty of Maine

Above Grade Finished Area
7650.00
Accessibility Features
Appliances
Architectural Style
Bungalow, Camp, Other
Basement
Not Applicable
Bathrooms Full
6
Bathrooms Half
0
Bathrooms Total Integer
6
Below Grade Finished Area
0.00
Body Type
Building Area Total
7650.00
Construction Materials
Cooling
Heat Pump
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Flooring
Concrete, Laminate
Foundation Details
Garage Spaces
6.00
Garage Yes/No
1
Green Energy Efficient
Heating
Blowers, Direct Vent Furnace, Forced Air, Heat Pump, Zoned
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Business District
Lot Size Acres
2.4800
Other Equipment
Other Structures
Outbuilding
Parking Features
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Flat, Membrane, Metal
Sewer
Public Sewer
Tax Annual Amount
8271.00
Utilities
Utilities On
Water Source
Public
Year Built
1980
Zoning
Commercial