117 Mill Street Orono, ME 04473
Listing Courtesy of: MLS LogoMAINE LISTINGS - IDX

  117 Mill Street Orono, ME 04473

Active
$543,000 (USD)
2
BATH
4,560
SQFT

Description

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.

MLS #:
1669977
Taxes
$11,370(2025)
Lot Size
0.25 acres
Type
Multifamily
Year Built
1910
Style
Other
County
Penobscot County

Listed By

Adrian "Andy" Nadeau, ERA Dawson-Bradford Co., Realtors
Bruce Bragdon, ERA Dawson-Bradford Co., Realtors
Source
MAINE LISTINGS - IDX
Last checked Oct 2 2026 at 8:08 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Lot Information
  • Level
  • Sidewalks
  • Near Shopping
  • Open Lot
  • Suburban
Property Features
  • Foundation: Poured Concrete
  • Foundation: Stone
Heating and Cooling
  • Hot Water
  • Baseboard
  • Zoned
  • Gas Bottled
  • None
Basement Information
  • Full
  • Unfinished
  • Interior Entry
Flooring
  • Carpet
  • Vinyl
Exterior Features
  • Roof: Membrane
Utility Information
  • Sewer: Public Sewer
Parking
  • Paved
  • Detached
  • On Site
  • 5 - 10 Spaces
Stories
  • 3
Living Area
  • 4,560 sqft
Location
   
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Disclaimer: Listing data is derived in whole or in part from the Maine IDX and is for the consumers personal, noncommercial use only. Dimensions are approximate and are not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved