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Mixed-Use Building With Water Views
For Sale
$451,500

3 Union Street, Blue Hill, ME 04614

Commercial zoning complements a flexible layout with an existing third-floor two-bedroom residential unit.

Property Size3,000 SF
Days on Market445

Property Features for 3 Union Street

General Information

Standard status Active
Size 3,000 SF
Property subtype Commercial
Zoning Commercial

Building Details

Building Size 3,000 SF
Buildings 1
Listing Agency: Legacy Properties Sotheby's International Realty
Listed By: Jeffrey Allen
Source: Startpoint
Added: Jun 4, 2025 Changed: Aug 19 Last Checked: Aug 21 at 1:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Properties Sotheby's International Realty

Investment Insights

Based on property information with market context.

This mixed-use commercial building includes an existing two-bedroom residence on the third floor, creating a residential component within the property. The unit has views of Blue Hill Bay and may serve as an owner-occupancy option or additional rental space.

The building is positioned in downtown Blue Hill and is zoned Commercial. Its layout is described as adaptable for a proposed conversion into six commercial rental units, subject to applicable approvals and requirements. The combination of commercial space and an existing residential unit supports multiple occupancy configurations.

Key Highlights

  • Potential conversion into six commercial rental units
  • Existing third‑floor two‑bedroom unit
  • Water views of Blue Hill Bay

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby

Demographics for 04614, ME

2,792
Population
2,199
Households
1.3
Avg Household Size
52
Median Age
49%
College-Educated
92%
High-School Grad
62.5 sq mi
ZIP Area
45
Density / Sq Mi
$70,164
Median Household Income
$36,076
Median Earnings
$332,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial zoning complements a flexible layout with an existing third-floor two-bedroom residential unit.
Where is this mixed-use property located?
The property is located at 3 Union Street Blue Hill, ME.
What is the asking price?
The asking price for this property is $451,500.
What are key features of this property?
This property features: Potential conversion into six commercial rental units; Existing third‑floor two‑bedroom unit; Water views of Blue Hill Bay
More about this property
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