Retail For Lease- Northern Plaza Downtown Millinocket

Shopping Center for Lease
Also listed as Retail-Commercial
Catylist Listing ID: 30831016
Property Subtypes: Community Center, Neighborhood Center, Regional Mall, Strip Center
Contiguous Space: 1,500 - 64,000 SF
Total Available: 64,400 SF
Gross Building Area: 82,000 SF
Gross Land Area: 7.20 Acres
Lease Rate: $3 - 6 PSF (Annual)
Base Monthly Rent: $8,500 - 17,000
Lease Types: Modified Gross
In Opportunity Zone? Yes
Building Name: Central Plaza
Last Updated: 6/25/2024

Overview / Comments

Centrally located in Millinocket's shopping district, Northern Plaza, an 82,000 SF shopping plaza, is the gateway to Mount Katahdin. Northern Plaza is conveniently positioned to capitalize on the heavy tourist traffic for Baxter State Park, Mt Katahdin, and the current development of the One North Campus (www.onenorth.net), a 1,400-acre mixed-use industrial development on the site of the former Great Northern Paper mill, which is less than one mile from the plaza.

Once home to the largest paper mill in the world, Millinocket is currently undergoing a transformational change from a former mill town into an innovation HUB. Less than one mile from The Northern Shopping Plaza sits a 1,400-acre mixed-use industrial site that will soon house a sustainable forest products manufacturing plant, a $300 million data and technology center, a world-class Aquaculture facility, a renewable energy facility, and light manufacturing. With hundreds of millions of dollars of capital infusion, Millinocket is poised to be the retail capital of Northern Maine. And as the only centralized shopping plaza in Millinocket, Northern Plaza is the perfect place for your business.

You can join Tractor Supply and stake your claim in Northern Shopping Plaza while space is available.

Expand All 5 Spaces Available

Suite: : 1 34,000 SF $3 - 6 PSF (Annual) Modified Gross
Suite: : 2 4,000 SF $3 - 6 PSF (Annual) Modified Gross
Suite: : 3 15,000 SF $3 - 6 PSF (Annual) Modified Gross
Suite: : 4 3,200 SF $4 - 6 PSF (Annual) Modified Gross
Suite: : 5 8,200 SF $3 - 6 PSF (Annual) Modified Gross

Additional Details

Nearest MSA: Bangor
County: Penobscot
Tax ID/APN: MLNK-000010-000000-000092U
Zoning: HIGHWAY COMMERCIAL DEVELOPMENT ZONE (HC)
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Renovated: 2021
Roof Type: Flat
Parking Type: Surface
Total Parking Spaces: 280
Lot Frontage: 663 ft

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,575 4,499 6,222
Median Age: 52.22 51.69 50.79
Households: 1,740 2,165 2,933

Contact

Photograph of Listing Agent

Asher Chappell

CORE Firms ME LLC NECPE Member
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