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Executive Summary

90,000± SF retail redevelopment opportunity on 7.26± acres
Located in an opportunity zone, permissive zoning with public water and sewer
Anchored by Tractor Supply Company, lease through 9/2027 with renewal options.
Opportunity for owner-user or developer with former grocery and retail spaces.
560’ of road frontage, 2+ acres of paved parking area
Sale Price: $895,000

Financial Summary (Actual - 2025)

Annual Annual Per SF
Taxes $26,013 $0.32
Operating Expenses - -
Total Expenses $26,013 $0.32

Financial Summary (Actual - 2025)

Taxes
Annual $26,013
Annual Per SF $0.32
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $26,013
Annual Per SF $0.32

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
90,000 SF
Building Class
C
Year Built
1970
Price
$895,000
Price Per SF
$9.94
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
7.26 AC
Opportunity Zone
Yes
Zoning
HC - Highway Commercial
Parking
280 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
550’ on Central St

Amenities

  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.

  • Northern Plaza
  • Real Estate
  • -
  • -
  • -
  • Penobscot Adventures Ii, Llc
  • Public Administration
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -

PetIQ is founded with a love of pets and a desire to improve pet lives with veterinarian recommended pet products, made here in the USA. PetIQ offers pet prescription medications, over-the-counter flea & tick preventatives, health & wellness supplements, and dog & cat treats - at savings to other brand name alternatives. The company's portfolio of brands includes Minties® Dental Treats, Advecta® and PetAction® flea and tick preventatives, VetIQ® health & wellness, Delightibles® cat treats, and Betsy Farms® dog treats. Products are distributed nationally through traditional retail partners. PetIQ is headquartered in Eagle, Idaho with manufacturing and distribution facilities in Springville, Utah; Plano, Texas; and Daytona Beach, Florida.

  • Retailer
  • -
  • -
  • -

Save A Lot is one of the largest discount grocers in the country, committed to providing customers with quality products at everyday low prices. Shoppers will find fresh produce, in-store cut meat, and exclusive award-winning brands that help save money. The store also offers a wide selection of popular national brands. Save A Lot focuses on keeping costs low, so customers can maximize their spending power. With a select assortment of around 1,800 frequently purchased products, they reduce the need for excess space and eliminate slow-moving items from their distribution. This streamlined approach enables them to pass the savings directly on to their customers, ensuring high-quality groceries at affordable prices every day of the week.

  • Retailer
  • -
  • -
  • -

Tractor Supply Company, founded in 1938 in Chicago, Illinois, is a leading U.S. retailer specializing in products for home improvement, agriculture, lawn and garden maintenance, livestock, equine, and pet care. Headquartered in Brentwood, Tennessee, the company operates thousands of stores across 49 states, primarily serving rural and suburban communities. Tractor Supply caters to farmers, ranchers, pet owners, and hobbyists, offering a wide range of products including tools, fencing, animal feed, and outdoor power equipment. The company also owns Petsense by Tractor Supply, a pet specialty retailer, and Allivet, an online pet pharmacy, expanding its footprint in the pet care market. Publicly traded on the Nasdaq under the ticker symbol TSCO, Tractor Supply ranks among the Fortune 500 and continues to grow its omnichannel capabilities to meet evolving customer needs.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Northern Plaza Real Estate - - -
Penobscot Adventures Ii, Llc Public Administration - - -
Retailer - - -
Retailer - - -
Retailer - - -

Property Taxes

Property Taxes

Parcel Number
MLNK-000010-000000-000092U
Land Assessment
$209,800
Improvements Assessment
$921,200
Total Assessment
$1,131,000
Annual Taxes
$26,013 ($0.29/SF)
Tax Year
2025
  • Listing ID: 39546248

  • Date on Market: 2/23/2026

  • Last Updated:

  • Address: 780-820 Central St, Millinocket, ME 04462

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