USAMEMillinocket973 Central St
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$770,000

For Sale

5 days ago

973 Central St, Millinocket, ME

House

MLS® 1682691

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $16,705
Days Active 5
Lot Size 4.6 Acres
Approx. Age 1958
MLS® Number 1682691

Property Address: 973 Central St, Millinocket, ME, 04462-2124

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1682691
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1958
BasementSlab
Driveway
Garage Spaces
HeatOil, Baseboard, Hot Water
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 1, 2026List Date
$770,000List Price
  • Commute

Commute

Starting Address
Destination Address
973 Central St, Millinocket, ME

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