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43-49 Main
Bangor, ME 04401
Office Property For Sale
Investment Highlights
- Turnkey mixed-use investment, with a robust NOI and stable rental income from a mix of two retail suites, six offices, and three residential units.
- Easily accessible position with proximity to both Highways 2 and 156 and convenient nearby connections for Interstates 95 and 395.
- Strong leasing submarket, with tight vacancies of just 3.1% for office, 3.8% for retail, and 3.2% for multifamily, with stable annual rent growth.
- Prime Downtown Bangor location visible to more than 11,000 daily vehicles, with walkable access to shopping, dining, and recreation amenities.
- Desirable amenities include natural gas heating, on-site coin-operated laundry facilities, and four parking spaces at the rear of the building.
Property Facts
Property Type
Building Size
13,828 SF
Building Class
B
Year Built
1871
Percent Leased
64%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,609 SF
Building FAR
1.67
Lot Size
0.19 AC
Zoning
DDD - The Downtown Development District is established to accommodate those retail, service, and office uses that are of city-wide or regional significance.
Parking
4 Spaces (0.29 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,016,800 | |
| Land Assessment | $77,800 | Total Assessment | $1,094,600 |
Property Taxes
Parcel Numbers
Land Assessment
$77,800
Improvements Assessment
$1,016,800
Total Assessment
$1,094,600
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