1600 Union Street Bangor, ME

$5,000,000
Square Footage 14,754
Acres 125.37
Photo of 1600 Union Street Bangor ME 04401




Description

We are pleased to present this Prime Development opportunity on 125+/- acre parcel. Bangor, Maine, is a vibrant city with a rich history and a welcoming community. Located along the Penobscot River, Bangor is known for its beautiful natural scenery, historic architecture, and lively cultural scene. Located on the heavily traveled Route 222 corridor with a daily traffic count of 10,160 in the North West section of Union Street and Griffin Road and the Queen Cities of Bangor/Brewer. Mixed-use development featuring Retail, Industrial, Commercial & residential. Rarely does a parcel of this size come available. This is a tremendous opportunity for development. This land is located just 2 miles from I-295 and just a thousand feet from Bangor International Airport, the site is level and ready to be developed. 1350, 1358, 1372, 1380, 1414 & 1600 Union Street being sold as one parcel. 2 homes, retail store, industrial shop and 125.37 acres of land next to BIA. shop has 3,614SF, retail store has 8,140SF and the 2 homes have 1,000 & 2,000SF.


Listed by Adams Real Estate, Philip Adams Jr & Hilma Adams 207-990-3929

Details

MLS 1562966
Status Active
Price $5,000,000
DOM 539 days
Type Commercial
Square Feet 14,754 sqft
Lot Size 125.37 acres
Taxes Paid $24,157

Lot & Building Features

Tax Year 2022
Taxes Paid $24,157

Map

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Financing

$
20%
0.4831536%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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