749 Heald Highway, Union, ME 04862
FOR SALE2.85 ACRES

749 Heald Highway
Union, ME 04862

  • Studio
  • 2 Baths
  • 18,301 sqft (on 2.85 acres)
  • Studio
  • 2 Baths
  • 18,301 sqft (on 2.85 acres)

$2,100,000

Est. Mortgage $13,489/mo*

Local Information

map showing home location
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-- mins to
Commute Destination
Last check for updates: 1 day ago
Listing courtesy of Lone Pine Real Estate Company, rachael@lonepinere.com
Source: Maine Listings, MLS#1577826

Description

A unique opportunity to own a 30+ year, turnkey, thriving, local business that is a community favorite and has been excellently maintained. This property consists of many components with a variety of uses - a large retail hardware store with additional retail space on the covered porch, a gift shop with the second floor dedicated to toys, an expandable animal and pet food department, seasonal inflatable water toy inventory, out-buildings with construction materials, and lots of storage for seasonal changes to inventory and decor. The gift shop has in-floor radiant heat. There are two bathrooms - one on each level - for the retail space, and separate heating systems and offices for Union Hardware and the gift shop. The hardware store has an attached garage that could be easily converted into additional heated, retail space. The larger residential component includes a two bedroom, one bathroom unit with a spacious kitchen and living area, separate soaking tub and shower, deck and a large foyer/ mudroom. The efficiency in-law unit has one bedroom, one bath, living area with kitchenette, a separate entrance and a deck. Both units have indoor access to the indoor, heated pool. The pool room includes a separate bathroom, a utility room, an infrared sauna and access to a fenced in outdoor pet area. The pool space could be converted into lumber storage or additional living space if a pool is not desired. The residential units have a three car detached garage. The business and property convey with equipment used for the retail store including the electronic changeable sign and automatic generator. Located on a high traffic count road twenty minutes from Rockland and thirty minutes from Augusta, Union Hardware has become a destination for commuters and residents from local surrounding small towns. Shown by appointment only to qualified. buyers. A real estate appraisal and financials available upon request. $600,000 in inventory NOT included in price.

Home Highlights

Parking
Garage
Outdoor
Pool
A/C
Heating only
HOA
None
Price/Sqft
$115
Listed
No Info

Home Details for 749 Heald Highway

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 18301 Square Feet
Heating & Cooling
Heating: Radiant,Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Radiant
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Vinyl, Tile, Concrete, Carpet
Levels, Entrance, & Accessibility
Stories: 2Accessibility: 36+ Inch Doors, 32 - 36 Inch Doors, Accessible Approach with RampFloors: Vinyl, Tile, Concrete, Carpet
View
Has a ViewView: Trees/Woods

Exterior Features

Exterior Home Features
Roof: CompositionOther Structures: Outbuilding, Shed(s)Foundation: Concrete Perimeter, SlabHas a Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageNo Attached GarageParking Spaces: 3Parking: 11 - 20 Spaces,Paved,Garage Door Opener,Off Street
Pool
Pool: In GroundPool
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Private Sewer, Septic Existing on Site
Finished Area
Finished Area (above surface): 18301 Square Feet

Property Information

Year Built
Year Built: 1990
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Contemporary
Building
Construction Materials: Wood Siding, Vinyl Siding, Wood Frame

Price & Status

Price
List Price: $2,100,000Price Per Sqft: $115

Location

Direction & Address
City: Union

Agent Information

Listing Agent
Listing ID: 1577826

Building

Building Area
Building Area: 18301 Square Feet

Lot Information

Lot Area: 2.85 Acres

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 1577826Attribution Contact: rachael@lonepinere.com

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Property Taxes and Assessment

Year2022
Tax$9,379
Assessment$633,700
Home facts updated by county records

Comparable Sales for 749 Heald Highway

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.59
Multi-Family Home
$350,000
03/21/24
5
2,827
6.23
Multi-Family Home
$305,000
02/01/24
3
1,008
6.47
Multi-Family Home
$425,000
05/05/23
2
2,496
6.51
Multi-Family Home
$274,900
09/22/23
3
2,460

LGBTQ Local Legal Protections

Lone Pine Real Estate Company
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
749 Heald Highway, Union, ME 04862 is a studio, 2 bathroom, 18,301 sqft multi-family built in 1990. This property is currently available for sale and was listed by Maine Listings on Nov 20, 2023. The MLS # for this home is MLS# 1577826.