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    1-11 Union St Brewer, ME 04412

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    For Sale
    $895,000

    2.4-acre site with redevelopment potential near Bangor and Brewer waterfronts.

    Lot size:
    2.40 Acres

    Property Features for 1-11 Union St

    General Information

    Lot size
    2.40 Acres

    Source: Epstein Commercial Real Estate Agent J. David Hughes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redevelopment Opportunity Overlooking Penobscot River

    This 2.4 +/- acre property offers views of the confluence of the Penobscot River and Kenduskeag Stream, as well as the Bangor business district skyline. The site presents a redevelopment opportunity for residential, office, restaurant, or mixed-use purposes. Accessed from North Main St, the property benefits from convenient access to all bridges connecting the Bangor and Brewer waterfronts. It abuts the Brewer waterfront and Riverwalk, which features a growing hospitality, arts, and cultural scene. The location is within walking distance of downtown Bangor and Waterfront Concerts’ Maine Savings Amphitheater.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brewer
    County
    Penobscot
    State
    Maine
    Longitude
    -68.7662352
    Latitude
    44.7960176

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    FAQs

    What type of property is this?
    Commercial land - 2.4-acre site with redevelopment potential near Bangor and Brewer waterfronts.
    Where is this commercial land located?
    The property is located at 1-11 Union St Brewer, ME.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Spectacular views of the Penobscot River, Kenduskeag Stream confluence, and Bangor skyline.; - 2.4 +/- acre property suitable for residential, office, restaurant, or mixed-use redevelopment.; - Easy access from North Main St and bridges connecting Bangor and Brewer waterfronts.
    (207) 945-6222
    Request Owner's contact information
    1-11 Union St Brewer, ME 04412
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    Brewer, ME 04412
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1-11 Union St Brewer, ME 04412
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