$449,000
PENDING

87 Park St Milo, ME 04463

Estimated payment $3,072/month

Total Views 15,547
-- Bed
6 Baths
7,650 Sq Ft
$59 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • 1-Story Property
  • Camp Architecture
  • Forced Air Zoned Heating System
  • Property is near shops

About This Home

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.

Listing Agent

Dolly Perkins

Realty of Maine Listed on: 02/13/2026

Realty of Maine

Co-Listing Agent

Olanna Buck

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,271

Year Built

  • Built in 1980

Lot Details

  • 2.48 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 6 Car Garage
  • Parking Available
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Camp Architecture
  • Bungalow
  • Flat Roof Shape
  • Slab Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Metal Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction
  • Masonry

Interior Spaces

  • 7,650 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Blower Fan

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 6 Full Bathrooms
  • Shower Only

Utilities

  • Cooling Available
  • Forced Air Zoned Heating System
  • Heat Pump System
  • Heating System Mounted To A Wall or Window

Additional Features

  • Outbuilding
  • Property is near shops

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Tax Lot 59-1
  • Assessor Parcel Number MILO-000005-000000-000059-000001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,271

Year Built

Built in 1980

Lot Details

2.48 Acres

Parking

6

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.48
  • Road Surface Type: Paved
  • Co List Office Phone: 207-942-6310
  • MLS Status: Pending
  • Directions: Route 11, Park Street North-just beyond cemetery on the right
  • Above Grade Finished Sq Ft: 7650.0
  • Architectural Style: Bungalow, Camp, Other
  • Garage Yn: Yes
  • Year Built: 1980
  • Contract Information:List PriceSqFt: 58.69
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable, Slab
  • Full Bathrooms: 6
  • Flooring: Concrete, Laminate
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower

Exterior Features

  • Lot Features: Business District, Level, Open Lot
  • Waterfront Features: Nearby
  • Waterfront: No
  • Construction Type: Masonry, Wood Frame, Block, Concrete, Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Roof: Flat, Membrane, Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 6.0
  • Parking Features: Gravel, 21+ Spaces, On Site, Other Parking, Off Street

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Oil, Other, Blowers, Direct Vent Furnace, Forced Air, Heat Pump, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 108028.8
  • Parcel #: MILO-000005-000000-000059-000001
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 8271.0
  • Tax Lot: 59-1
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,271 $295,400 $21,800 $273,600
2024 $8,050 $295,400 $21,800 $273,600
2023 $7,060 $295,400 $21,800 $273,600
2022 $7,053 $271,800 $21,800 $250,000
2021 $6,999 $271,800 $21,800 $250,000
2020 $5,051 $182,000 $19,900 $162,100
2019 $5,027 $173,360 $18,980 $154,380
2018 $5,418 $173,360 $18,980 $154,380
2017 $5,378 $172,110 $17,730 $154,380
2016 $5,594 $172,110 $17,730 $154,380
2015 $4,940 $172,110 $17,730 $154,380
2014 $4,540 $213,160 $25,400 $187,760
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/19/2026 05/19/26 Pending -- -- --
02/13/2026 02/13/26 For Sale $449,000 -- $59 / Sq Ft
Source: Maine Listings

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $233,250 Purchase Money Mortgage
Previous Owner $182,400 Purchase Money Mortgage
Previous Owner $375,000 New Conventional
Source: Public Records

About the Listing Agent

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Source: Maine Listings

MLS Number: 1651831

Maine Listings

APN: MILO-000005-000000-000059-000001

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