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$4,999,999 -$1 (0%) Price Reduced
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Property 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.
Full Property Details
Full Property Details for 1600 Union St
General
- Price: $4,999,999
- Taxes: $24,157 (2022)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1562966
- Updated: 1/17/2025
- Added to Site: 579 day(s) ago
Business
- Business Type: Business Park, Car Wash, Church, Commercial, Developme
Parking
- Parking Features: 21 or More Spaces, Off Street
Location
- County: Penobscot
Structural Information
- Building Size: 14754
- Square Feet: 14,754
- Living Area: 14,754 Sq. Ft.
Lot Features
- Lot Size (Acres): 125.37
- Lot Size (Sq. Ft.): 5,461,117.2
- Zoning: RR&A, Shop & Per, IND
- Lot Description: Near Turnpike/Interstate, Near Airport, Near Shopping
Financial Considerations
- Tax Amount: $24,157.68
- Tax Year: 2022
Disclosures and Reports
- Lot Number: 4, 5 , 7 , 7A, , 8, 8A
Listed by Adams Real Estate (207) 990-3929
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Schools
Schools serving 1600 Union St
School District:Bangor School Department
Rating | Name | Grades | Distance |
---|---|---|---|
100 Moosehead Blvd, Bangor, ME 04401 | K-3 | 1.1 mi | |
58 13th St, Bangor, ME 04401 | 4-5 | 2.4 mi | |
143 5th St, Bangor, ME 04401 | 6-8 | 2.9 mi | |
885 Broadway, Bangor, ME 04401 | 9-12 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1600 Union St
Date
Details
Price
Change
Source
1/17/2025
Price Reduced
$4,999,999
—
MLS
6/22/2023
Listed
$5,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1600 Union St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,760
3%
$148,800
6%
2023
$2,689
-6%
$140,400
—
2022
$2,864
-1%
$140,400
8%
2021
$2,899
1%
$130,000
5%
2020
$2,872
1%
$123,800
—
2019
$2,847
-7%
$123,800
-7%
2018
$3,055
2%
$133,100
—
2017
$3,001
—
$133,100
—
2016
$2,995
2%
$133,100
—
2015
$2,922
1%
$133,100
—
2014
$2,902
5%
$133,100
—
2013
$2,768
—
$133,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1600 Union St
1600 Union Street, Bangor, ME 04401 (MLS# 1562966) is a Commercial property. 1600 Union Street is currently listed for $4,999,999 and was received on June 22, 2023. Want to learn more about 1600 Union Street? Do you have questions about finding other Commercial real estate for sale in Bangor? You can browse all Bangor real estate or contact a Coldwell Banker agent to request more information.