About This Home

This 0-bedroom, 0-bathroom commercial at 973 Central Street in Millinocket, ME is listed for $770,000 ($53 per sqft). Built in 1958, the home offers 14,660 sqft of living space on a 4.60 acres lot.

Key Features

  • Built in 1958
  • 4.60 acre lot

Property Details

1958

Amenities

A/C
Listing Description

The Pamola Motor Lodge is a 24-room motor lodge 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.

Monthly Cost Estimate

$4,118/mo

20% down · 6.5% · 30 years

Principal$557
Interest$3,337
Insurance$225

Estimates only. Actual payments may vary.

Location

973 Central Street

Millinocket, ME 04462

Property Details

Flooring

CarpetLaminateTile

Construction

Wood Frame Wood Siding

Parking

Other

Heating

OilBaseboardHot Water(Heating)

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 973 Central Street is listed at $770,000 ($53/sqft). The estimated monthly payment is $4,119 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1958, 4.60 acre lot.

This property is listed by Dustin Bulley.

DB

Dustin Bulley

Agent at Century 21 Queen City Real Estate

Listed by Century 21 Queen City Real Estate · Broker phone: (207) 942-4618 · View on Broker Site · Broker website

MLS# 1682691· Source: Maine Listings· Added to PropertySimple 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.

973 Central Street, Millinocket, ME 04462

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