Seller's Agent in 2026
Dolly Perkins
Realty of Maine
(207) 279-0571
395 Total Sales
--
Bed
6
Baths
7,650
Sq Ft
2.48
Acre Lot
Highlights
- No HOA
- 6 Car Detached Garage
- Forced Air Zoned Heating System
- Camp Architecture
- Cooling Available
- 1-Story Property
About This Home
As of July 202687 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.
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 Detached 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
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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 15, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,250
Outstanding Balance
$218,947
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$221,073
Purchase Details
Closed on
Sep 23, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 18, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.93%
Mortgage Type
New Conventional
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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 | $455,000 | Unknown | |
| Previous Owner | $375,000 | New Conventional |
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 |
|---|---|---|---|---|
| 07/14/2026 07/14/26 | Sold | $399,999 | -10.9% | $52 / 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
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
Agents Affiliated with this Home
-
Dolly Perkins
-
Olanna Buck
Seller Co-Listing Agent in 2026
Olanna Buck
Realty of Maine
(207) 279-0501
144 Total Sales
-
Xiaorong Horton
Buyer's Agent in 2026
Xiaorong Horton
Realty of Maine
(207) 279-7058
137 Total Sales
Map
Source: Maine Listings
MLS Number: 1651831
APN: MILO-000005-000000-000059-000001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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