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Millinocket,ME 04462
Key Details
Property Type Commercial Sale
Sub Type General Commercial
Listing Status Active
Square Footage 82,505 sqft
Price per Sqft $11
MLS Listing ID 1640325
HOA Y/N No
Year Built 1970
Annual Tax Amount $28,756
Tax Year 2024
Lot Size 7.260 Acres
Acres 7.26
Property Sub-Type General Commercial
Source Maine Listings
Land Area 82505
Property Description
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.
Location
State ME
County Penobscot
Zoning Comm
Rooms
Basement None
Interior
Heating Forced Air
Cooling Central Air
Flooring Vinyl,Concrete,Carpet
Exterior
Parking Features 21+ Spaces,On Site,Paved
Utilities Available 1
View Y/N No
Roof Type Membrane
Building
Lot Description Near Airport,Business District,Retail Strip
Building Description Vinyl Siding,Glass,Masonry,Steel Frame,Wood Frame, Loading Docks 1 - 4,Sprinkler - Wet
Story 1
Foundation Block,Slab
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Glass,Masonry,Steel Frame,Wood Frame
Others
Restrictions Unknown
Energy Description Gas Bottled
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1640325