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About This Home

This 0-bedroom, 6-bathroom residential multi family at 87 Park Street in Milo, ME is listed for $449,000 ($59 per sqft). Built in 1980, the home offers 7,650 sqft of living space on a 2.48 acres lot.

Agent 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.

Key Features

  • Built in 1980
  • 2.48 acre lot

Property Details

6 full
1980

Monthly Cost Estimate

$2,401/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,946
Insurance$131

Estimates only. Actual payments may vary.

Location

87 Park Street

Milo, ME 04463

Features & Amenities

Interior Features

1st Floor Bedroom1st Floor Primary Bedroom w/BathOne-Floor LivingShower

Property Details

Flooring

ConcreteLaminate

Construction

Vinyl Siding Concrete Block Masonry Wood Frame

Parking

Off Street

Heating

ZonedHeat Pump (Heating)Forced Air

Cooling

Heat Pump

Questions & Answers

This 0-bedroom, 6-bathroom residential multi family at 87 Park Street is listed at $449,000 ($59/sqft). The estimated monthly payment is $1,946 based on 20% down at 6.5% interest.

Key features include: Built in 1980, 2.48 acre lot. Interior Features: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, One-Floor Living.

This property is listed by Dorothea Perkins and can be reached at 2072790571 or dolly3371@gmail.com.

DP

Dorothea Perkins

Agent at Realty of Maine

(207) 279-0571

Listed by Realty of Maine

MLS# 1651831· Source: listhub· Updated today

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

87 Park Street, Milo, ME 04463

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