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Sold on 07/14/2026
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87 Park St, Milo, ME 04463

  • $399,999

    Last sold 07/14/2026 after 151 Days

  • 6

    bed

  • 6

    bath

  • 7,650

    Sqft ($52/Sqft)

Multi-family not for sale
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About 87 Park St

Property type Multi-family
Year built 1980
HOA fee $0/month
Lot size 2.48 Acre
Parking 6 garage spaces
Property description
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
Listing Agent - Dorothea Perkins
Listing Office - Realty of Maine
Source: MREIS mls logo
MLS#1651831 • last updated 1 day ago
Movoto checked MREIS for data 15 minutes ago
Overview
Heating Electric, Oil, Other, Blowers, Direct Vent Furnace, Forced Air, Heat Pump, Zoned
Levels/Style Bungalow, Camp, Other
MLS # 1651831
SqFt 7650
Status Closed
Lot Size (Acres) 2.48
Lot Size (Sqft) 108028.8
Property Tax 8271
Year Built 1980
Interior
Total # of Bathrooms 6
# Full Baths 6
Flooring Concrete, Laminate
Interior Features 1st Floor Bedroom, 1st Floor Primary Bedroom W/Bath, One-Floor Living, Shower
Exterior
Foundation Slab
Construction Masonry, Wood Frame, Block, Concrete, Vinyl Siding
Parking Gravel, 21+ Spaces, On Site, Other Parking, Off Street, Detached
Other Structures Outbuilding
Lot Features Business District, Near Shopping, Retail Strip, Level, Open Lot
Amenities / Utilities
Water Source Public
Location
Waterfront Nearby
Zoning Commercial
Multifamily Details
Total # Of Units 6
Lot/ Land Details
Road Surface Paved
  • Jul 2026
    mls logo MLS # 1651831
  • Jul 14, 2026 Sold
    $399,999 (-10.9%)
  • May 19, 2026 Pending
  • Feb 13, 2026 Listed
    $449,000
  • Jun 4, 2025 Listed
    $449,000
  • 87 Park St
    $399K
  • 04463
    $1.29M +1344% y/y
  • Milo
    $149K +3% y/y
No chart available
Statistics calculated by Movoto

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7/10
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Source: GreatSchools.org © 2026. All rights reserved.

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