1023 Union StBangor, ME 04401

  • Other commercial real estate
  • 0.95 AC
For Sale
$595,000 View listing

Property Details for 1023 Union St

Lot size
0.95 AC
Property type
Other commercial real estate
Property subtype
Other 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.

1023 Union St, Bangor, Maine

Location Insight

City
Bangor
County
Penobscot
State
Maine
Latitude
44.8188
Longitude
-68.8135

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