87 Park Street, Milo, ME, 04463 | $479,000

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.

Features

  • Property Type: Mixed Use
  • Construction: Vinyl Siding, Concrete, Block, Masonry, Wood Frame
  • Parking: 21+ Spaces, Other, Off Street
  • Heating: Zoned, Other, Heat Pump, Forced Air, Direct Vent Furnace, Blowers
  • Cooling: Heat Pump
  • Amenities: Storage
  • Zoning: Commercial
  • Year Built: 1980
  • Approx Sq. Feet: 7,650
  • Acreage: 2.48
  • Est. Taxes: $6,999
  • Lot Desc: Business District, Near Shopping, Retail Strip
  • MLS#: 1625291
  • Website: https://www.raveis.com
    /prop/1625291/87parkstreet_milo_me?source=qrflyer
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