210 Penobscot AvenueMillinocket, ME 04462MLS Number 1372179

  • Price: $199,000
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Federal 30-year interest rate: 4.75% last updated on Dec 6, 2018
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    Terrific potential for entrepreneur/chef to own and operate one of the most popular restaurants in the town of Millinocket Maine. The AT Cafe is known far and wide and is a very successful operating business. Ground Floor has the AT Cafe with seating for approximately 56 people, busy counter space, large commercial Kitchen and 2 bathrooms, 2nd floor has one rented apartment and 2 others. Live on the second floor or convert part of the space to an Airbnb property to maximize the cashflow from this business, thus far this opportunity has not been capitalized on. If you have been looking to open up your own business, this may well be your chance. Millinocket as a destination sees lots of snowmobile traffic in winter, potential for increased ATV traffic in summer and also the thousands of hikers that pass through the town each year both finishing the Appalachian Trail from Georgia or Visiting Baxter State Park and the National Monument, this is a tremendous opportunity.

    Listed by North Woods Real Estate, LLC

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    Coldwell Banker American Heritage Real Estate
    Coldwell Banker American Heritage Real Estate
    Office: 207-942-6773
    510 Broadway
    Bangor, ME 04401

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    More Info

    Location Information

    • Building Number210
    • StreetPenobscot Avenue

    Building

    • Building ConstructionWood Frame
    • RoofOther, Shingle

    Property

    • Leased LandNo

    Exterior

    • ExteriorVinyl Siding, Wood Siding

    Photos

    • Number of Photos17
    • Last Img Trans Date11/08/2018

    Tax Information

    • Tax Year2,017

    Location

    • StateME
    • TownMillinocket
    • Zip04462
    • LocationBusiness District, Near Shopping, Retail Strip
    • CountyPenobscot

    Interior

    • FloorsHeavy Duty, Other, Tile, Wood

    Property Information

    • Property UsesRestaurant
    • Zoning OverlayYes

    Other

    • Parking Spaces1 - 4 Spaces

    Basic Information

    • List Price$199,000
    • MLS Number1372179
    • Address210 Penobscot Avenue
    • Broker NameNorth Woods Real Estate, LLC
    • Modification Date12/10/2018
    • StatusACT
    • Agent ID018944
    • Broker ID2940

    Utilities

    • Heat SystemBaseboard, Forced Air
    • Heating FuelOil, Propane
    • Waste Water DisposalPublic Sewer
    • WaterPublic
    • ElectricCircuit Breakers
    • GasBottled

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    Experience says it all: