Commercial

Hancock, ME Commercial Land for Sale

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Sullivan, ME Ellsworth, ME Trenton, ME Lamoine, ME Franklin, ME Eastbrook, ME Sorrento, ME Bar Harbor, ME
Hancock, ME Land Opportunity
Updated: Apr 22
Hancock, ME Land Opportunity

48 US-1, Hancock, ME 04640

$159,000
10.33 AC lot
High visibility location suitable for business, residential, multi‑family, or mixed‑use development.
Opportunity for development in the growing village of Hancock.
Easy commute to Ellsworth via Route 1.
Site improvements already in place.
Access to public trails.
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Commercial Land with Road Frontage
Updated: Feb 28, 2025
Commercial Land with Road Frontage

1307 Us Highway 1, Hancock, ME 04640

$119,000
1‑acre commercial parcel
198 feet of frontage along US Highway 1
Commercial zoning
Utilities available
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2 active listings match your search: Commercial Land for sale in Hancock, ME. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Land with Existing Home
Commercial Land with Existing Home

352 High Street, Ellsworth, ME 04605

$950,000
442 sqft

An existing residence on the property requires repair before use.

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Commercial Land with Dual Access
Commercial Land with Dual Access

318 High Street, Ellsworth, ME 04605

$315,000
2.16 AC lot

Two easements provide additional entry from Myrick Street.

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Waterfront Land with River Views
Waterfront Land with River Views

212 River Road, Bucksport, ME 04416

$125,000
3.34 AC lot

Improved parcel with wells, driveway access, and zoning supporting seasonal or commercial use.

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Mixed-Use Property with Existing Structure
Mixed-Use Property with Existing Structure

80 Us-1, Bucksport, ME 04416

$99,900
2,425 sqft

Commercial zoning and a Route 1 address define this Bucksport property, with an existing structure described as a tear-down.

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Hancock, ME Commercial Land Market Trends and Statistics

Explore 2 commercial land for sale in Hancock, ME on our real estate platform. These investment opportunities span a total of 449,975 square feet of properties for sale, with an estimated market value of $278,000.

Sale prices for commercial lots in Hancock, ME start at $119,000, averaging $139,000, and reaching up to $159,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 13
Commercial land 2
Waterfront Land 1

Demographics Overview

Population 2,451
Population Growth (5Y) +17.1%
Median Household Income $69,504
College Educated 50.6%

High-Yield Neighborhoods for Investment

Identify Hancock submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04640 $159K

Taxes & Financing

Tax Rate (average for all types) 1.04%
Tax Rate vs County Average 0.05 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hancock County

New Delisted

Total CRE Inventory on Market (SF)

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