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Property profile & analytics
OFF-MARKET
Retail space

749 Heald Hwy Union, ME 04862

18,300 SF 2.85 ac lot Built 1990
Individually Owned 3-yr Hold
Property ID
US42-0269550
Property summary
AI-generated overview

This exceptional retail investment opportunity in Union, Maine presents a unique chance to acquire a well-established, multi-faceted business. The property encompasses 18,300 square feet across four buildings on a 2.85-acre lot, zoned Rural. The main structure houses a thriving Ace Hardware store, complemented by a gift shop with a dedicated toy section and an expandable pet food department. Additional features include outbuildings for storage and construction materials, a covered porch with retail space, and ample storage for seasonal inventory. The property boasts two bathrooms, separate heating systems, and offices for each retail space. An attached garage offers potential for expansion. The property also includes two residential units: a two-bedroom, one-bathroom unit with a spacious kitchen, living area, deck, and a large foyer

Property profile
Verified
Property type Retail space
Year built 1990
Total area 18,300 SF
Lot 2.85 ac (124,146 SF)
UPID US42-0269550
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • New England Docks Construction Company General Contractor
  • Union Hardware Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nathan V Pease · 3 yrs held
Nathan V Pease
since 2023
2 recorded transactions
2023
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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