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Highlights

  • Heat Included
  • Cooling
  • Historic building
  • Open plan
  • Newly renovated
  • High ceilings

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,500 SF
  • Negotiable
  • $13.92 /SF/YR $1.16 /SF/MO $20,880 /YR $1,740 /MO
  • Plus Electric & Cleaning
Space Use
Office/Retail
Build-Out
Shell Space
Availability
Now
  • Listed lease rate plus proportional share of electrical and cleaning cost
  • Central Air Conditioning
  • Private Restrooms
  • Wi-Fi Connectivity
  • High Ceilings
  • Emergency Lighting
  • Natural Light
  • Demised WC facilities
  • Open-Plan
  • Hardwood Floors
  • Display Window
  • Smoke Detector
  • Wheelchair Accessible
Space Size Term Rental Rate Rent Type
1st Floor 1,500 SF Negotiable $13.92 /SF/YR $1.16 /SF/MO $20,880 /YR $1,740 /MO Plus Electric & Cleaning

1st Floor

Size
1,500 SF
Term
Negotiable
Rental Rate
$13.92 /SF/YR $1.16 /SF/MO $20,880 /YR $1,740 /MO
Rent Type
Plus Electric & Cleaning
Space Use
Office/Retail
Build-Out
Shell Space
Availability
Now

  • Listed lease rate plus proportional share of electrical and cleaning cost
  • Central Air Conditioning
  • Private Restrooms
  • Wi-Fi Connectivity
  • High Ceilings
  • Emergency Lighting
  • Natural Light
  • Demised WC facilities
  • Open-Plan
  • Hardwood Floors
  • Display Window
  • Smoke Detector
  • Wheelchair Accessible

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 1,500 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 1,500 SF
Year Built/Renovated 1910/2025

About the Property

Newly renovated commercial space for rent at 196 Penobscot Avenue in downtown Millinocket, Maine — a 1,500 sq ft storefront in the heart of the Katahdin region, steps from the gateway to Baxter State Park, the Katahdin Woods and Waters National Monument, and the northern terminus of the Appalachian Trail. It's a rare downtown lease option in a market where most available commercial buildings are for sale, not for rent. This roughly 1,500-square-foot open-plan commercial space is a blank canvas for retail, office, studio, gallery, or service-business use. It features brand-new Maine birch wood flooring, large storefront windows for display and natural light, and an additional entrance on the side of the building. The unit includes a utility closet and a bathroom. The finish combines a new-construction feel with the historical character of a building originally built in 1900 — clean, move-in ready, and full of downtown foot traffic potential. Highlights: Approximately 1,500 SF open floor plan commercial space, downtown Millinocket Brand-new Maine birch wood flooring Large storefront windows facing Penobscot Avenue Second entrance on the side of the building Utility closet and bathroom Sustainable heating: wood pellet boiler system plus an in-unit heat pump for supplemental heat and air conditioning Neighboring unit occupied by Baby Ruthies Takeout & Snack Bar Rent and Utilities: Monthly rent is $1,750. Rent includes property management, central heating, supplemental electric heat, mini-split cooling, trash, recycling, water, and sewer. The building is heated by an efficient, modern, environmentally sustainable wood pellet boiler system, and the unit has its own heat pump that adds heat in winter and air conditioning in summer. Tenants are responsible only for electric and internet. Location: 196 Penobscot Avenue sits in the heart of downtown Millinocket's business district, a short walk from the town office, the gear library, local restaurants, downtown shops, town parks, and pedestrian trails — and a short drive from the outdoor recreation that draws both year-round residents and a steady flow of tourists into downtown. A Downtown Revitalization Space, Backed by a Mission-Driven Landlord: This space is owned and managed by the Northern Forest Center, a non-profit organization formed to create bold possibilities that give rise to vibrant communities across northern Maine, New Hampshire, Vermont, and New York. Since 2018, the Center has invested in property redevelopment to support downtown revitalization and the attraction and retention of area workers and families. The Center redeveloped this 1900 building into five new apartments and two commercial spaces — leasing here means partnering with a non-profit landlord whose mission is aligned with your business's success and downtown Millinocket's comeback. Ideal For: Retail shops, outfitters and outdoor gear businesses, cafés and specialty retail, boutiques, galleries and maker studios, salons, wellness studios, and professional or remote-work office space — any small business or entrepreneur looking for commercial space for rent in the Katahdin region. Contact Isabella Ronson at Ironson@northernforest.org for inquiries and questions. Availability immediately.

  • Corner Lot
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
  • Listing ID: 41805238

  • Date on Market: 8/19/2026

  • Last Updated:

  • Address: 196 Penobscot Ave, Millinocket, ME 04462

Contact the Leasing Agent

196 Penobscot Ave

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