780-820 Central St - Storefront FOR SALE


Millinocket, ME 04462
$939,000 USD
207-446-3333
780-820 Central St, Millinocket, ME for Sale
$939,000 USD
Storefront - FOR SALE
1/14
null | Request Cap Rate

780-820 Central St
Millinocket, ME 04462


HIGHLIGHTS

  • Shopping Center Investment
  • Prime High Visibility Location
  • Easy Access on High Traffic Thoroughfare.

OVERVIEW

Northern Plaza presents a rare and highly visible redevelopment opportunity in the heart of Millinocket's primary commercial district. Anchored by Tractor Supply, the property benefits from consistent customer traffic and strong visibility along the town's main retail corridor. Set against the scenic backdrop of Mt. Katahdin and located near the entrance to Baxter State Park, the area attracts both year-round residents and seasonal visitors, offering significant potential for mixed-use or residential redevelopment. The property sits in the center of a well-established retail trade area surrounded by a strong mix of national and regional tenants including McDonald's, Dunkin' Donuts, Family Dollar, Advance Auto, Dollar General, Subway, and Hannaford Grocery Store. Nearby lodging options such as Katahdin Inn & Suites support steady tourism activity, while essential local infrastructure—including Millinocket Regional Hospital and Millinocket Airport—are located just minutes away. Given its location, size, and surrounding amenities, Northern Plaza is ideally positioned for redevelopment into a modern multi-level residential complex, retail plaza expansion, or a combination of both. The area's growing interest in outdoor recreation and proximity to major natural attractions make it an appealing destination for investors seeking to capitalize on Millinocket's revitalization and long-term growth potential.

FOR SALE DETAILS

PRICE

$939,000 USD

PRICE/SF

$11 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Northern Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

280

LAND DETAILS

CROSS STREETS

Off of Rte. 95

LAND ACRES

7.26 AC

LAND SF

316,246 SF

ZONING

Commercial

APN/PARCEL ID

MLNK-000010-000000-000092U

ASK ABOUT THIS PROPERTY

Douglas EricksonSVN The Masiello GroupMore Info
207-446-3333

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Douglas EricksonSVN The Masiello GroupMore Info
207-446-3333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.