Assisted Living

Bangor, ME Assisted Living Facilities for Sale

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Glenburn, ME Brewer, ME Hampden, ME Harmony, ME Haynesville, ME Hermon, ME Orrington, ME Veazie, ME
Adaptive Reuse Senior Housing Building
Updated: May 30
Adaptive Reuse Senior Housing Building

28 Merchants Plaza, Bangor, ME 04401

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Adaptive reuse of historic downtown Freese’s Department Store originally founded in 1892
Mixed‑use redevelopment includes 10 market‑rate apartments, 34 elderly housing units, and 39 assisted living units
Includes space occupied by the Maine Discovery Museum as a cultural/community use
Redeveloped after years of partial vacancy to add commercial space along with residential and senior‑focused housing
Freese’s closed in 1985; building later transformed into a downtown mixed‑use asset
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Bangor, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Equipped Rehabilitation Center Facility
Equipped Rehabilitation Center Facility

31 Holbrook Road, Auburn, ME 04210

$1,250,000
12,600 sqft 2.28 AC lot

Institutional facility with clinical, administrative, residential, dining, and group-programming areas in a purpose-configured setting.

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Rehabilitation Center with Residential Quarters
Rehabilitation Center with Residential Quarters

31 Holbrook Road, Auburn, ME 04210

$1,250,000
12,600 sqft 2.28 AC lot

Institutional facility with clinical, administrative, dining, and residential components on an expansive Auburn site.

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Riverfront Nursing Home Building
Riverfront Nursing Home Building

6695 STATE HIGHWAY 37, Ogdensburg, NY 13669

$599,888
38,208 sqft 5.80 AC lot

Two-story former care facility with finished basement, elevator, and direct St. Lawrence River frontage.

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Waterfront Apartment Building
Waterfront Apartment Building

6695 State Highway 37, Ogdensburg, NY 13669

$599,888
38,208 sqft 5.80 AC lot

Two-story multifamily property with a finished basement, elevator access, and direct St. Lawrence River frontage.

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Bangor, ME Assisted Living Facilities Market Trends and Statistics

Explore 1 assisted living facilities for sale in Bangor, ME on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Assisted living facilities 1
Medical centers 1
Senior Housing / Retirement Homes 1

Demographics Overview

Population 44K
Population Growth (5Y) -0.4%
Median Household Income $66,136
College Educated 25.7%

Taxes & Financing

Tax Rate (average for all types) 1.91%
Property Tax per SF $28.05 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Penobscot County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Bangor fall within the 25,000 to 50,000 square foot range.

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