For Sale

Listed by Adrian Nadeau and Bruce Bragdon from ERA Dawson-Bradford Co.

Source: Maine Real Estate Information System, Inc. #1669977

117 Mill St, Orono, ME, 04473

$549,900

2
1
9120 sq. ft.
10890 sq. ft.

MultiFam

1 day on the market

What's around 117 Mill St

About this property

Orono, Maine Multi-Use Investment Opportunity | Mill Street, Orono Well-positioned multi-use property offering strong investment potential in a highly accessible Orono location. This vacant three-story building provides flexibility for an owner-investor or operator to establish lease structures, rental rates, and tenant mix based on current market conditions and permitted uses. The property supports a variety of potential configurations, including residential, office, and commercial applications (subject to local approvals). Its vacant condition allows for immediate updates, leasing, or occupancy without existing tenancy constraints, offering a streamlined path for repositioning or redevelopment. Recent improvements include updated heating systems and a reinforced foundation, supporting long-term stability and operational efficiency. Residential units are equipped with in-unit washer and dryer connections, and one unit is offered furnished, providing added flexibility for short- or long-term rental strategies. Located on Mill Street with strong visibility, the property includes a garage on site and ample on-site parking to accommodate tenants, customers, or mixed-use configurations. Public transportation access further enhances convenience and connectivity. The location offers close proximity to downtown Orono amenities, including dining, retail, services, and recreation. The nearby University of Maine supports steady demand drivers for both residential and commercial space, while regional transportation access enhances overall accessibility. This property presents a versatile opportunity for investors, owner-users, or developers seeking a flexible asset with repositioning potential in a strong market environment. Schedule a private showing to explore the possibilities this property offers.

Looking for more information on 117 Mill St?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties for sale nearby

For Sale
$325,000
22 Penobscot Street
Orono ME 04473
3
1
Multi-Family
Listing courtesy of ERA Dawson-Bradford Co.
For Sale
$269,900
3 Park Street
Orono ME 04473
2
Multi-Family
Listing courtesy of TWO RIVERS REALTY, LLC

Other properties for sale by ERA Dawson-Bradford Co.

For Sale
$349,900
251 Hampden Rd
Penobscot County ME 04419
3
1
4
Single-Family
Listing courtesy of ERA Dawson-Bradford Co.
For Sale
$399,000
901 Mann Hill Road
Holden ME 04429
2
1
2
Single-Family
Listing courtesy of ERA Dawson-Bradford Co.
For Sale
$249,900
52 Fern Street
Bangor ME 04401
3
3
2
Single-Family
Listing courtesy of ERA Dawson-Bradford Co.

Browse properties sold in nearby areas

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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent