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Off market
  • $313,600

    52 Medway Rd, Millinocket, ME 04462

    --beds
    --baths
    --sqft
    Single Family Residence
    Built in 1987
    1 Acres Lot
    $313,600 Zestimate®
    $--/sqft
    $2,256 Estimated rent

    Home value

    $313,600

    $270,000 - $358,000

    $2,256/mo

    Zestimate® history
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    Rent Zestimate®

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    $1,903/mo

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    $1,903/mo

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    What's special

    Introducing an incredible opportunity in the heart of Millinocket! This exceptional property showcases a charming restaurant & an 11-room inn, offering endless possibilities for aspiring entrepreneurs or seasoned investors. This iconic local landmark has been a successful restaurant & hotel operation since 1987. With numerous kitchen & efficiency upgrades, a full basement, & all furniture & equipment included, this property is ready to fulfill your hospitality dreams. The restaurant boasts a well-appointed kitchen, thoughtfully designed to meet the demands of a bustling culinary operation. Featuring a range of modern kitchen upgrades, including top-of-the-line appliances, ample storage space, and efficient workflow configurations, this is a chef's paradise. Adjacent to the restaurant, the 11-room hotel provides a cozy & welcoming atmosphere for guests. Each room is tastefully furnished, offering a comfortable retreat for travelers. The hotel's efficient layout maximizes space utilization while ensuring privacy and relaxation. A notable feature of this property is the full basement, offering abundant storage space for supplies & inventory. This valuable asset provides ample room to support the needs of the restaurant & hotel operation, allowing for seamless day-to-day management. The sale of this property also includes all furniture & equipment, including an on-demand backup generator. This turnkey opportunity allows you to hit the ground running, instantly establishing your presence in the vibrant Millinocket community. Millinocket is renowned for its proximity to Baxter State Park, Mount Katahdin, & countless outdoor activities such as snowmobiling & hiking, which attract visitors throughout the year. Take advantage of the thriving tourism industry & the demand for quality accommodations & dining experiences. Don't miss out on this remarkable chance to embark on an exciting and rewarding venture in the heart of Maine's picturesque landscape!

    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.

    Zillow last checked: December 10, 2025 at 11:23am

    Source: NextHome,MLS#: 1559589MLS Logo

    Facts & features

    Property

    Lot
    • Size: 1 Acres
    Details
    • Parcel number: MLNKMU10L043

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1987

    Community & neighborhood

    Location
    • Region: Millinocket

    Price history

    DateEventPrice
    10/17/2023Listing removed--
    Source: NextHome
    6/15/2023Listed for sale$499,000
    Source: NextHome #1559589

    Public tax history

    YearProperty taxesTax assessment
    2024$9,183 +19.1%$332,700 +21.7%
    2023$7,710 +6.2%$273,400 +11.1%
    2022$7,260 -1.6%$246,100 +8.4%

    Find assessor info on the county website

    Neighborhood: 04462

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.