1600 Union St Bangor, ME 04401
- Commercial real estate
- 14,754 SF
- 125.37 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1600 Union St
- Lot size
- 125.37 lot acres
- Property size
- 14,754 SF
- Property type
- Commercial real estate
Description
This exceptional 125.37-acre parcel presents a rare development opportunity in Bangor, Maine. Strategically located on the heavily trafficked Route 222 corridor (10,160 daily traffic count), this property boasts unparalleled visibility and accessibility. Its proximity to I-295 (2 miles) and Bangor International Airport (1000 feet) further enhances its desirability. The level land is ready for immediate development, offering significant potential for a mixed-use project encompassing retail, industrial, commercial, and residential components. The sale includes six contiguous properties (1350, 1358, 1372, 1380, 1414, and 1600 Union Street), totaling 125.37 acres. Existing structures on the property include a 3,614 square foot industrial shop, an 8,140 square foot retail store, and two residential homes (1,000 and 2,000 square feet). This substantial landholding offers a unique chance to create a thriving development in a vibrant city with a rich history and strong community. The combined square footage of the existing buildings is 14,754 square feet. The property's location in the northwest section of Union Street and Griffin Road, within the Queen Cities of Bangor and Brewer, ensures high visibility and convenient access for businesses and residents alike. Don't miss this chance to acquire a truly exceptional development opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bangor
- County
- Penobscot
- State
- Maine
- Longitude
- -68.82687
- Latitude
- 44.82441