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Attention entrepreneurs and investors! This property is a move in ready, currently produces income with a long term tenant and is truly a steal at this price!!! An updated, very well maintained and ready for use commercial building located in the heart of downtown Millinocket. The first floor commercial space was the home of the well known Emerson Pharmacy which was a staple in the community for many years. The upstairs of the property was originally the home to the Millinocket Masonic lodge and their meeting hall which is still in place giving it historical value to the community. With three entrances to the main floor and access to the large dry basement for extra storage there are multiple options to divide this into separate units and incomes. The main floor has a grid drop ceiling in place covering an old style tin ceiling from the original space that could easily be exposed and refurbished. Currently the upstairs is used as an apartment with high ceilings, 2 bedrooms, 1 full bath, 2 half baths, kitchen, dining room, living room and still has plenty of space to add an extra unit. The property has two new furnaces that were installed in 2014, two new oil tanks, new electrical and central air conditioning throughout. The seller is offering $5000.00 to the buyers' broker which is over and above the offered commission and to be paid directly to the broker.
Listed by North Woods Real Estate,LLC

Sold by North Woods Real Estate, LLC

Property Details of 140 Penobscot Avenue

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