1023 Union St Bangor, ME 04401
- Land
- 0.95 lot acres
Current Use by Public Records
- Land
Property Details for 1023 Union St
- Lot size
- 0.95 lot acres
- Property type
- Land
Description
This exceptional 0.95-acre commercial land parcel presents a rare opportunity for development in Bangor, Maine. Located at 1023 Union Street, this property sits on the highly desirable Union Street retail corridor, benefiting from its strategic placement at a signalized intersection ensuring high visibility and accessibility. The asking price is $595,000, translating to a land value of $626,315 per acre. This makes it an attractive investment for developers seeking a prime location for a new retail tenant. The property's APN is 00000. The site is ideally suited for a variety of commercial uses, and the owner is open to exploring different development scenarios. This includes the possibility of a ground lease or a build-to-suit arrangement, offering flexibility to potential buyers or tenants. This is the last remaining retail pad site on this stretch of Union Street, making it a truly unique and highly sought-after opportunity. The property is located in Penobscot County, Bangor, ME, 04401. Its geographical coordinates are latitude 44.8187643 and longitude -68.8135269. Don't miss this chance to secure a prominent location in a thriving retail area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bangor
- County
- Penobscot
- State
- Maine
- Longitude
- -68.8135
- Latitude
- 44.8188
