973 Central ST, Millinocket, ME 04462
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973 Central ST, Millinocket, ME 04462
973 Central ST, Millinocket, ME 04462
973 Central ST, Millinocket, ME 04462
973 Central ST, Millinocket, ME 04462
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Radka Meader

Radka Meader

+1(603) 502-3544
Listed by Dustin Bulley CENTURY 21 Queen City Real Estate
$ 770,000
Est. payment /mo
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973 Central ST Millinocket, ME 04462

14,660 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type General Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 14,660 sqft

Price per Sqft $52

MLS Listing ID 1682691

HOA Y/N No

Year Built 1958

Tax Year 2025

Lot Size 4.600 Acres

Acres 4.6

Property Sub-Type General Commercial

Source Maine Listings

Land Area 14660

Property Description

The Pamola Motor Lodge is a 24-room exterior and interior corridor motel with a tavern and restaurant on 4.6 acres along Central Street in Millinocket, Maine — the primary gateway community to Baxter State Park, the Katahdin Woods & Waters National Monument, and the northern terminus of the Appalachian Trail. At its highest and best use, the property offers additional upside to 28 total rooms: 1 room space in the main building currently serves as a vending area, and 3 detached rear units behind the property currently serve as the campground bathhouse — both could be converted to guest rooms. The property was acquired by the current ownership in 2024, at which time it was closed and vacant. Since acquiring the property, ownership has replaced carpeting throughout and signed a new lease with a bar/tavern tenant. The restaurant space has been leased to the same tenant for decades and continues to generate steady rent. Combined, the two leases generate $52,200 in contracted annual rent.

Location

State ME

County Penobscot

Zoning HC

Rooms

Other Rooms Outbuilding

Basement Slab

Interior

Heating Oil, Baseboard, Hot Water

Cooling Window Unit(s)

Flooring Carpet, Laminate, Tile

Equipment Cable, Internet Access Available

Exterior

Parking Features 21+ Spaces, On Site, Other Parking, Paved

Roof Type Membrane

Accessibility Level Entry

Building

Lot Description Business District, Near Shopping

Story 2

Foundation Poured Concrete

Water Public

Others

Tax ID MLNK-000011-000000-000003U

Maine MLS (MREIS) IDX

NEARBY SCHOOLS & PROPERTIES

Radka Meader

Radka Meader

Broker Associate License ID: BA921160

+1(603) 502-3544

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973 Central ST