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Corp Surplus: Prime Location Big Box Retail 116 Bangor Mall Blvd 26,696 SF Retail Building Bangor, ME 04401 For Sale

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INVESTMENT HIGHLIGHTS

  • Freestanding retail big box at the center of Central Maine’s primary retail corridor
  • Configuration supports a wide range of commercial uses and provides flexibility
  • Benefits from sustained regional traffic

EXECUTIVE SUMMARY

116 Bangor Mall Boulevard presents an opportunity to acquire a freestanding retail big box at the center of Central Maine’s primary retail corridor. Located within the Bangor Mall district, the property benefits from sustained regional traffic, strong surrounding retail demand, and direct access to major transportation routes.

The building contains approximately 25,830 square feet across two true functional floors connected by elevator and organized around an open atrium. This configuration supports a wide range of commercial uses and provides flexibility that is uncommon in suburban retail assets. The layout is well suited for single-user occupancy, multi-tenant repositioning, or adaptive reuse strategies.

Originally designed for destination retail, the space includes a café/kitchen area, generous ceiling heights, and an interior plan that can accommodate experiential retail, showroom, fitness, educational, medical, or entertainment concepts. The two-level design also creates optionality for mixed-use commercial programming. All uses subject to zoning and development covenants.

The site encompasses nearly three acres and provides ample parking, strong curb appeal, and efficient ingress and egress. Visibility from I-95, Stillwater Avenue, and Hogan Road positions the property for continued relevance as a regional commercial location.

Zoning flexibility enhances long-term value by allowing the property to evolve with market demand. Whether maintained as a flagship retail location or repositioned for a new commercial use, 116 Bangor Mall Boulevard offers scale, visibility, and adaptability in a proven retail market.
Building Size: 25,830± SF
Land Area: 2.94± acres
Configuration: Two levels with elevator and atrium
Parking: Approximately 156 spaces
Year Built: 1996
Utilities: Public water and sewer
HVAC: Forced hot air
Sprinkler System: Yes
Loading: One loading dock

Map Lot R61-019
2025 Tax Assessment: $2,555,600
2025-26 Annual Taxes: $45,234.12

Note to Buyers: Closing will be handled by Fidelity National Title’s National Commercial Services Division in Phoenix, AZ with Seller paying for Buyer’s title insurance. Closings are normally done remotely.

Michael B. Carey | ME AUC Lic. 1466 | ME RE Lic. #DB919594

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
26,696 SF
Building Class
B
Year Built
1996
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.21
Lot Size
2.94 AC
Zoning
S&PS - Shopping and Personal Service District
Parking
156 Spaces (5.84 Spaces per 1,000 SF Leased)
Frontage
250’ on Bangor Mall Boulevard

NEARBY MAJOR RETAILERS

Keybank
Starbucks
LongHorn Steakhouse
Denny's
Olive Garden
Applebee's
Hannaford Supermarket
Aroma Joe's
TD Bank
Five Guys

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
BANG-000061R-000000-000019
Land Assessment
$774,100
Improvements Assessment
$3,284,900
Total Assessment
$4,059,000
  • Listing ID: 29833996

  • Date on Market: 10/19/2023

  • Last Updated:

  • Address: 116 Bangor Mall Blvd, Bangor, ME 04401

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