117 Mill Street, Orono, ME 04473
Property image
Property image
FOR SALE
3D VIEW
0.25 ACRES

117 Mill Street
Orono, ME 04473

  • 6 Beds
  • 2 Baths
  • 9,120 sqft (on 0.25 acres)

$619,900

$619,900

6 Beds
2 Baths
9,120 sqft
(on 0.25 acres)
We estimate this home will sell faster than 99% nearby.

Local Information

  • Map ViewExplore the area around 117 Mill Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination
Last check for updates: about 12 hours ago
Listing courtesy of ERA Dawson-Bradford Co.
Source: Maine Listings, MLS#1669977
Also Listed on Maine Listings.

Description

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.
We estimate this home will sell faster than 99% nearby.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$68
Listed
7 days ago

Home Details for 117 Mill Street

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Interior Entry,Full,Unfinished
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 9120 Square Feet
Appliances & Utilities
Utilities: Utilities On
Heating & Cooling
Heating: Baseboard,Hot Water,ZonedNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Carpet, Vinyl
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Multi/SplitFloors: Carpet, Vinyl

Exterior Features

Exterior Home Features
Roof: MembraneOther Structures: OutbuildingFoundation: Stone, Poured ConcreteNo Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Paved,5 - 10 Spaces,On Site,Detached
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 4560 Square FeetFinished Area (below surface): 4560 Square Feet

Days on Market

Days on Market: 7

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Other
Building
Construction Materials: Masonry, Stucco, Vinyl Siding

Price & Status

Price
List Price: $619,900Price Per Sqft: $68

Location

Direction & Address
City: Orono

Agent Information

Listing Agent
Listing ID: 1669977

Building

Building Area
Building Area: 9120 Square Feet

Lot Information

Lot Area: 10890 sqft

Rental Terms, Policies & Fees

Partially Furnished

Miscellaneous

BasementMls Number: 1669977Above Grade Unfinished Area: 4560

Market trends in Orono

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
17
1
MoM

Price History for 117 Mill Street

DatePriceEventSource
07/02/2026$619,900Listed For SaleMaine Listings #1669977

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Property Tax and Assessment

Year2024
Tax$8,427
Assessment$394,700
Home facts updated by county records

Comparable Sales for 117 Mill Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.75
Multi-Family Home
$523,000
04/14/26
9
3
3,385
1.05
Multi-Family Home
$295,000
12/19/25
4
2.5
2,088
3.10
Multi-Family Home
$315,000
07/16/25
6
2
2,250
3.05
Multi-Family Home
$355,000
12/18/25
7
3.5
2,800
3.54
Multi-Family Home
$257,600
10/03/25
5
2
1,844
3.54
Multi-Family Home
$270,000
07/22/25
5
2
2,100
3.11
Multi-Family Home
$503,000
06/29/26
9
5
3,014
3.68
Multi-Family Home
$237,114
10/17/25
6
2
2,577

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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What Locals Say about Orono

At least 21 Trulia users voted on each feature.
  • 89 % Say it's dog friendly

  • 80 % Say there are sidewalks

  • 74 % Say it's walkable to restaurants

  • 73 % Say kids play outside

  • 73 % Say people would walk alone at night

  • 72 % Say parking is easy

  • 71 % Say there's holiday spirit

  • 70 % Say there's wildlife

  • 69 % Say car is needed

  • 63 % Say yards are well-kept

  • 57 % Say it's quiet

  • 55 % Say streets are well-lit

  • 50 % Say there are community events

  • 47 % Say neighbors are friendly

  • 26 % Say they plan to stay for at least 5 years

  • 25 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Makenzie P.
    "College town fun people around cute restaurants stores are convient and lots of things in walking distance if you don’t have a car. Close to Bangor and umo and husson university "
  • Katherine H.
    "Sense of community but also a college party town to some degree. It’s very sweet though. Lots of family owned shops and restaurants "
  • Katherine H.
    "Events at the Collins center for the arts are open to the public and they often have pretty good events lined up on their website"
  • Nicholas F.
    "It’s just feel welcoming and mostly exciting! The university gives it a lot of energy. A lot of great food too. I feel like I don’t even have to lock my doors at night. "
  • Paul M
    "The Orono High School was rated 9th in the State of Maine by US News & Word Report. Orono is also home to the University of Maine which is a terrific resource for the towns people including their New Balance athletic facility. There is nothing like having access to all a College town has to offer. "
  • Tony M.
    "Dog walking is frequently seen! Not a problem in this area. Incredible nature walk trail connects to Cromwell Dr that is amazing with pets."
  • Jeff H.
    "Great walkable town. Very safe community; small kids walk to school and play freely throughout the small town. All the wonderful amenities and benefits of a college town."
  • Kimberly C.
    "During the school year traffic is extremely heavy in the morning and the afternoon, especially around 5 o’clock"
  • Tonya p.
    "I’m not sure, I don’t own any dogs. There are a lot of dogs in my neighborhood however. There are no dog parks in Orono."
  • Kristina M.
    "I’ve gone to school here and I love the safeness and community feel of the town. Everyone smiles and is so nice "
  • Kagdis
    "Orono is a college town. It is easily accessible to Interstae 95, malls,shopping,hospitals, good schools, university"

LGBTQ Local Legal Protections

ERA Dawson-Bradford Co.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443
117 Mill Street, Orono, ME 04473 is a 6 bedroom, 2 bathroom, 9,120 sqft multi-family built in 1910. This property is currently available for sale and was listed by Maine Listings on Jul 2, 2026. The MLS # for this home is MLS# 1669977.