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Off market
  • $527,600

    114 Penobscot Ave, Millinocket, ME 04462

    4beds
    11,452sqft
    Townhouse
    Built in 1903
    8,750 Square Feet Lot
    $527,600 Zestimate®
    $46/sqft
    $3,617 Estimated rent

    Home value

    $527,600

    $401,000 - $681,000

    $3,617/mo

    Zestimate® history
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    $3,212/mo

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    $3,212/mo

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    What's special

    This 11,252 SF MIXED USE property has endless possibilities! Located on the "Main" street of Millinocket on the nicest commercial block in downtown. The 5,863 residential SF can be owner occupied or would make an exceptional 4-bedroom, 3 full bath, high-end Airbnb/VRBO. The 5,789 commercial SF is currently used as retail space and a bakery. Storage space is plentiful and included in the SF listed above; Residential storage- 1,456 above 4 bay garage/Commercial storage- 2,682 throughout the area, including a basement and overhead storage over the kitchen. ABOUT THE PROPERTY: This piece of real estate is more than unique- there is nothing like it in the Region. The total restoration of this family-owned property was a labor of love- beginning in 1985 thru 1990. It continues to be extremely well cared for and kept in tip-top condition. The present owner took the property down to the studs and created an amazing family home and commercial spaces using the highest quality materials and design. The Townhouse includes 3 addresses- 116, 114 and 112 Penobscot Avenue- each having their own entrance onto the street. There are endless possibilities for this property! As stated above it currently has, and has had, several commercial operations on the first floor- including a wine/gourmet shop and a cozy café/restaurant which would be simple to convert back. Both commercial spaces have gorgeous working fireplaces. There is a huge kitchen, a walk -in cooler, 3 restrooms (one in the basement) and plenty of storage on this first level. There is also a very large room behind the kitchen for multiple uses and a newly constructed wood-fired sauna for at least six to eight people. There is dedicated off-street parking for six vehicles-this is important during Winter plowing and limited parking on Main Street (Penobscot Avenue). No expense was spared in renovating the residential space on the 2nd and 3rd Floors. The attention to detail is impressive and elegant. The second floor has a formal living room with fireplace, formal dining room, family room, office and a beautiful new kitchen. This floor also includes one full bath and a screened porch off the family room. There are wood floors in all but the family room, which is carpeted. The third floor has four bedrooms and two full baths. The master bath has a large Jacuzzi and an outside sun deck above the screen porch and plentiful closets throughout. Behind the townhouse, there is a four-bay garage with full walk-up second floor (currently used for storage) and is connected to the back of the residential area. The design of the property would lend itself well to converting the residential area to an Airbnb/VRBO or bed and breakfast, given the separate, private entrance to Penobscot Avenue. There are new Fujitsu and Mitsubishi HVAC Systems added in both the residential and commercial spaces for economy and efficiency of heating and cooling. New Steel roof on entire building, warrantied for 50 years!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 11,452 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 8,750 sqft

    Construction

    Type & style
    • Home type: Townhouse
    Materials
    • Roof: Metal
    Condition
    • Year built: 1903

    Community & neighborhood

    Location
    • Region: Millinocket

    Price history

    DateEventPrice
    4/25/2022Listing removed--
    Source: Owner
    1/25/2022Listed for sale$825,000+10%$72/sqft
    Source: Owner
    3/24/2021Listing removed--
    Source: Owner
    3/2/2017Listing removed$750,000$65/sqft
    Source: Owner
    6/10/2016Price change$750,000-5.7%$65/sqft
    Source: Owner

    Public tax history

    Tax history is unavailable.

    Neighborhood: 04462

    Nearby schools

    GreatSchools rating
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