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Executive Summary

A once in a generation opportunity to own one of Bangor's most iconic landmarks. After more than 60 years of ownership by the renowned Brountas family, the historic McGuire Building is ready for its next chapter. Offering an impressive aprox. 22,000 square feet across four floors, this mixed use commercial property sits in the heart of downtown Bangor with outstanding visibility and exposure to more than 30,000 vehicles daily. Rich in history and opportunity, the building is home to the iconic Tavern, a well established dance and ballet studio, and six one bedroom apartments with two shared bathrooms that were previously operated as a rooming house. Adding to its unmistakable presence are two of Bangor's most recognizable landmarks, the famous downtown mural, the iconic HOPEFUL sign and a view of the Penobscot River, making this a destination recognized by generations of locals and visitors alike. Located within Bangor's Downtown Development District, this property offers incredible redevelopment potential. Whether your vision includes a boutique hotel, restaurant, entertainment venue, mixed use commercial and residential development, professional offices, retail, financial institution, health care facility, or another investment opportunity, the location and flexibility are second to none. The McGuire Building has been a cornerstone of downtown Bangor for generations. Now, this historic property is ready for its next owner to preserve its legacy while creating something extraordinary. Opportunities to own a landmark of this caliber are exceptionally rare. Location, history, visibility, and endless potential all come together at 158 Main Street.

Property Facts

Price $2,700,000
Sale Type Investment or Owner User
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Restaurant
  • OfficeLoft Creative Space
  • Industrial Service
Building Class C
Lot Size 0.30 AC
Building Size 22,000 SF
No. Stories 4
Year Built/Renovated 1900/2014
Zoning DDD - Downtown Development District
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
BANG-000042-000000-000172
Land Assessment
$120,500
Improvements Assessment
$355,400
Total Assessment
$475,900
  • Listing ID: 41109409

  • Date on Market: 6/30/2026

  • Last Updated:

  • Address: 158 Main St, Bangor, ME 04401

Contact the Sale Advisor

The McGuire Building | 158 Main St

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