Commercial for Sale: 973 Central Street, Millinocket, ME 04462 SOLD

$530,000
$530,000
973 Central Street, Millinocket, ME 04462 SOLD
$530,000
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Selling Price: $530,000
Original List Price: $949,000
Sold at 55.8% of list price
Sold Date: 07/19/2024

Type Commercial
Square Feet 14,660 sqft
Lot Size 4.60 acres
Year Built 1958
Taxes Paid $15,877

City Millinocket
County Penobscot

MLS 1583006
Status Closed
DOM 143 days
Offering an exciting opportunity for a hospitality entrepreneur in Maine! The Pamola Motor Lodge, an esteemed commercial motel property in Millinocket, ME, features 24 interior- and exterior-corridor guest rooms with ensuite bathrooms, a recently renovated 130-occupant lounge, and an attached leased and operating restaurant. All furniture, fixtures, and equipment will be included. The property also includes a camping bathhouse with seven tent sites, which adds to its income potential and allure for tourists and hikers who frequent Millinocket to explore Baxter State Park, the Katahdin Woods & Waters National Monument, or to complete the Appalachian Trail hike. With its ample parking and strategic location off the Interstate Trail and ATV Trail Systems, the property also provides significant benefits to snowmobilers and outdoor enthusiasts seeking accommodations in the area. Contact us today to explore this unique property in Northern Maine!

Lot & Building Features

Cooling A/C Units
Tax Year 2023
Taxes Paid $15,877

Price History of 973 Central Street

Date Name Price Difference
03/16/2024 Price Adjustment $530,000 44.15%
02/27/2024 Listing Price $949,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 973 Central Street, Millinocket, ME

Location Map Street View
Photo of Sara Walenta
Direct: 603-674-6452
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by NextHome NorthEast Realty, Richard Yost II 207-838-7773
Sold by NextHome NorthEast Realty, Richard Yost II 207-838-7773
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20%
2.9956603773585%
6.75%
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: NextHome NorthEast Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.