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Mixed-Use Property with Retail
For Sale
$1,850,000

749 Heald Highway, Union, ME 04862

Includes retail operations, two residential units, heated pool facilities, storage buildings, and expansion options.

Property Size18,301 SF
Days on Market656

Property Features for 749 Heald Highway

General Information

Standard status Active
Size 18,301 SF
Property subtype Commercial
Zoning Rural

Taxes and HOA fees

Annual Taxes $10,506

Building Details

Building Size 18,301 SF
Year Built 1990
Listing Agency: Lone Pine Real Estate Company
Listed By: Rachael Umstead
Source: Startpoint
Added: Nov 13, 2024 Changed: Aug 30 Last Checked: Aug 30 at 5:38PM

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 Lone Pine Real Estate Company

Investment Insights

Based on property information with market context.

Built in 1990, this mixed-use property combines an operating hardware store, gift shop, and residential accommodations. The retail component includes covered-porch display space, a second-floor toy department, pet food and animal supplies, construction-material storage, seasonal inventory areas, offices, two bathrooms, and separate heating systems. An attached garage offers potential for additional heated retail space. The gift shop includes in-floor radiant heat.

The residential portion features a two-bedroom, one-bath unit with a kitchen, living area, foyer or mudroom, soaking tub, shower, and deck, plus a one-bedroom efficiency unit with a kitchenette, separate entrance, and deck. Both units connect indoors to a heated pool room with a bathroom, utility room, infrared sauna, and fenced outdoor pet area. A three-car detached garage serves the residential component. The property is zoned Rural and sits on a high-traffic road, approximately 20 minutes from Rockland and 30 minutes from Augusta.

Key Highlights

  • Mixed‑use property at 749 Heald Highway, Union, ME 04862
  • Retail hardware store, gift shop, toy department, pet supplies, and construction‑material storage
  • Two residential units: a 2‑bedroom, 1‑bath unit and a 1‑bedroom, 1‑bath efficiency

Property Analytics

Current Use

New England Docks Construction Company Union Hardware Building Supply

Suggested Use

Top Pick Building Supply Bakery Big Box & Wholesale Store Hair Salon Nail Salon (Bike/Boat/Book/etc) Store

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

18
Businesses Nearby

Demographics for 04862, ME

3,794
Population
2,065
Households
1.8
Avg Household Size
47
Median Age
34%
College-Educated
97%
High-School Grad
64.9 sq mi
ZIP Area
58
Density / Sq Mi
$71,546
Median Household Income
$38,164
Median Earnings
$1,067
Median Rent
$236,700
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes retail operations, two residential units, heated pool facilities, storage buildings, and expansion options.
Where is this mixed-use property located?
The property is located at 749 Heald Highway Union, ME.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Mixed‑use property at 749 Heald Highway, Union, ME 04862; Retail hardware store, gift shop, toy department, pet supplies, and construction‑material storage; Two residential units: a 2‑bedroom, 1‑bath unit and a 1‑bedroom, 1‑bath efficiency
More about this property
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