7 Mullen WayBrewer, ME 04412-1542

  • Land
  • 5,653 SF
For Sale
$550,000 View listing

Property Details for 7 Mullen Way

Year built
1954
Construction
WOOD FRAME
Lot size
0.58 AC
Property size (Sq ft)
5,653 SF
Zone code
GB
Property type
Land
Property subtype
Commercial land
APN
BRER M:50 L:13
APU
BRERM50L13

Description

This exceptional 0.58-acre commercial land parcel, located at 7 Mullen Way in Brewer, Maine, presents a unique investment opportunity. Situated within Penobscot County's thriving general business zone (APN: BRER-000050-000000-000013), this property boasts unparalleled visibility and high traffic counts, ensuring maximum exposure for your business venture. The expansive lot offers ample space for development, complemented by convenient on-site parking for 21 vehicles. The asking price is $550,000. This prime location in the heart of Brewer offers easy access to major roadways and a dense concentration of businesses and consumers, making it an ideal site for a wide range of commercial uses. The property's zoning designation as "General Business" allows for diverse development possibilities, catering to various business needs. Don't miss this chance to secure a highly visible and strategically located commercial property in a rapidly growing area. The 0.58-acre lot provides significant potential for immediate development or future expansion. The property's address is 7 Mullen Way, Brewer, ME 04412-1542.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,069,769
    Hospitality
    $979,902
    Educational
    $815,267
    Medical
    $843,306
    Retail
    $1,268,194
7 Mullen Way, Brewer, Maine

Location Insight

City
Brewer
County
Penobscot
State
Maine
Latitude
44.7862
Longitude
-68.754
CBSA code
12620
CBSA name
BANGOR, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,084
$291,000
$11,700
$302,700
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