117 Mill Street, Orono, ME 04473
$539,900
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Property Type:
Commercial
Square Footage:
4,560
Lot Size (sq. ft.):
10,890
Status:
Active
Current Price:
$539,900
List Date:
6/30/2026
Last Modified:
10/05/2026
Overview
Description
...
(Read more)
ORONO, Maine — PRICE REDUCED! Multi-Use Investment Opportunity Take advantage of a versatile investment opportunity in a convenient Orono location. Situated on Mill Street, this vacant three-story property offers a rare combination of flexibility, visibility, and potential for an investor, owner-occupant, or developer. The building's vacant status provides the freedom to move forward with your own plans—whether updating, leasing, occupying, or repositioning the property to meet current market demand. With potential for a variety of residential, office, and commercial uses, subject to local approvals, the possibilities are wide open. Recent improvements, including updated heating systems and a reinforced foundation, add to the property's long-term appeal. Residential units feature in-unit washer and dryer connections, while one unit is being offered furnished, creating additional flexibility for either short- or long-term rental opportunities. The property also includes a garage and ample on-site parking, providing convenience for tenants, customers, or a variety of mixed-use configurations. Public transportation access and the Mill Street location further enhance accessibility. Located close to downtown Orono, the property is convenient to local restaurants, shops, services, and recreation. The nearby University of Maine adds another layer of appeal and potential demand for both residential and commercial space. Whether you are looking to expand your investment portfolio, establish your own business location, or explore a redevelopment opportunity, this multi-use property offers flexibility and potential in one of the area's most desirable communities. Easy to show—come see the many possibilities.
Listing Details MLS# 1669656
Location Information
- Street #
- 117
- Street Name
- Mill
- Street Type
- Street
- County
- Penobscot
- Town
- Orono
- State/Province
- ME
- Zip Code
- 04473
- Zip +4
- 4038
- Leased Land
- No
- Book
- 15901
- Page
- 2-All
- Map
- 27
- Block
- 12
- Lot
- 043
- Zoning
- HDR
- Full Tax Amount $
- 11370.45
- Tax Year
- 2025
- Tree Growth Y/N
- No
- Association Y/N
- No
Contract Information
- Original List Price
- 619900
Property Information
- Primary Use
- Mixed Use
- Surveyed
- Unknown
- Deed/Conveyance Type Offered
- Warranty
- Deed
- All
- Deed Restrictions
- Unknown
- Bank Owned REO
- No
- Year Built
- 1910
- Year Renovated +/-
- 2021
- Tenancy
- Multiple Tenants
- Leases
- No
- Total # Floors
- 3
- SqFt Finished Total
- 4560
- Lot Size Acres +/-
- 0.25
Water Info
- Waterfront
- No
Utilities
- Utilities On
- Yes
More Information
Property Features
Location:
Near Shopping; Suburban
Recreational Water:
Nearby
Construction:
Masonry
Other Structures:
Outbuilding
Property Uses:
Commercial; Freestanding Building; Other
Basement:
Full; Unfinished
Foundation Materials:
Poured Concrete; Stone
Exterior:
Stucco; Vinyl Siding
Roof:
Membrane
Heat System:
Baseboard; Hot Water; Zoned
Heat Fuel:
Gas Bottled
Cooling:
None
Floors:
Carpet; Vinyl
Parking:
5 - 10 Spaces; Garage; On Site; Paved
Electric:
Circuit Breakers
Gas:
Bottled
Sewer:
Public Sewer
Water:
Public
Listing Office:
ERA Dawson-Bradford Co.
Last Updated: October - 05 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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