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Historic Mixed-Use Building
New
For Sale
$199,000

5 Union Street, Winthrop, ME 04364

Commercial Sale, Winthrop, ME

Property Size9,165 SF
Lot Size0.24 Acres
Price / SF$10.08
Days on Market1

Property Features for 5 Union Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning V
Rooms Basement
Basement Full
Lot features Downtown
Standard status Active
Size 19,740 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 5517

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1860
Buildings 1
Listing Agency: McAllister Real Estate
Listed By: Katie McAllister
Added: Nov 6 Last Checked: Nov 6 at 2:06PM
MLS# 1687093

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Dating to 1860, this mixed-use property at 5 Union Street includes about 1,833 square feet of street-facing commercial space and a 3,080-square-foot open area at the rear. Other features include offices, unfinished upper-level post-and-beam space, mezzanine storage, and a daylight basement with an overhead door. The property has public water and public sewer service, and the lot spans 0.24 acres.

The building is in Winthrop’s historic downtown, just off Main Street. Its past uses include the Gull Theatre, which opened in 1945 as a 430-seat cinema, and Winthrop Lanes, a candlepin bowling venue. The varied spaces and documented history are defining characteristics of the property.

Key Highlights

  • Circa‑1860 building on a 0.24‑acre lot
  • About 1,833 square feet of front commercial space and a 3,080‑square‑foot rear open area
  • Offices, unfinished upper‑level post‑and‑beam space, and mezzanine storage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Auto Parts Store Grocery & Convenience Store Real Estate Agency Parking Lot & Garage Furniture & Home Goods

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

260
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Circle K Shops & Services
8,137 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
1,025 visits/mo 0.4 miles

Demographics for 04364, ME

6,115
Population
3,342
Households
1.8
Avg Household Size
47
Median Age
37%
College-Educated
98%
High-School Grad
31.1 sq mi
ZIP Area
197
Density / Sq Mi
$82,858
Median Household Income
$44,602
Median Earnings
$1,031
Median Rent
$273,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Kennebec County, ME

$124 Jul
$133 Aug
$133 Sep
$132 Oct

Properties on Market for Mixed-use properties in Kennebec County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Multiple commercial areas, offices, storage, and a daylight basement create a varied interior configuration.
Where is this mixed-use property located?
The property is located at 5 Union Street Winthrop, ME.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Circa‑1860 building on a 0.24‑acre lot; About 1,833 square feet of front commercial space and a 3,080‑square‑foot rear open area; Offices, unfinished upper‑level post‑and‑beam space, and mezzanine storage
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