For Sale
$595,000

1023 Union St Bangor, ME 04401

0.95-acre retail pad site, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
134
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.

Highlights

  • 0.95-acre commercial land parcel in Bangor, Maine, on the Union Street retail corridor.
  • $595,000 asking price, approximately $626,315 per acre.
  • High-visibility location at a signalized intersection.
  • Suitable for various commercial uses; ground lease or build-to-suit options available.
  • Last remaining retail pad site on this stretch of Union Street.

Property Details for 1023 Union St

Property type
Land
Lot Size (sq. ft)
41,382 SF

Location Insight

City
Bangor
County
Penobscot
State
Maine
Latitude
44.8187643
Longitude
-68.8135269

FAQs

What type of property is this?
Land - 0.95-acre retail pad site, excellent location.
Where is the land located?
The property is located at 1023 Union St Bangor, ME.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 0.95-acre commercial land parcel in Bangor, Maine, on the Union Street retail corridor.; $595,000 asking price, approximately $626,315 per acre.; High-visibility location at a signalized intersection.
How can I contact the broker?
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1023 Union St
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