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    Bangor, ME
    Assisted Living

    Bangor, ME Assisted Living Facilities for Sale

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    Brewer, ME Hampden, ME Old Town, ME Orrington, ME Glenburn, ME Haynesville, ME Hermon, ME Eddington, ME
    Adaptive Reuse Senior Housing Building
    Updated: May 30
    Adaptive Reuse Senior Housing Building

    28 Merchants Plaza, Bangor, ME 04401

    $8,600,000
    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Bangor, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Riverfront Multifamily Conversion Building
    Riverfront Multifamily Conversion Building

    6695 STATE HIGHWAY 37, Ogdensburg, NY 13669

    $799,888
    38,208 sqft 5.80 AC lot

    Two-story former nursing home with finished basement, 9 units, and direct St. Lawrence River waterfront on 5.8 acres.

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    Assisted Living Facility with Vacant Lot
    Assisted Living Facility with Vacant Lot

    171 Hill Street, Troy, NY 12180

    $2,700,000
    5,488 sqft 0.27 AC lot

    Operating assisted living community with 22 private rooms, each with a private bathroom, plus an included two-unit property and vacant lot.

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    Former Nursing Home Conversion Opportunity
    Former Nursing Home Conversion Opportunity

    Ogdensburg, NY 13669

    $799,888
    5.80 AC lot

    Two-story former nursing home with finished basement on waterfront acreage, offered as-is for multi-use redevelopment.

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    Assisted Living Facility with Private Rooms
    Assisted Living Facility with Private Rooms

    171 Hill Street, Troy, NY 12180

    $2,700,000
    5,488 sqft 1.00 AC lot

    Assisted living facility offering 22 private rooms with en-suite bathrooms, plus adjacent two-unit housing and vacant expansion lot.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Plattsburgh Land For Sale
    Plattsburgh Land For Sale

    Military Turnpike, Plattsburgh, NY 12901

    $225,000
    2.60 AC lot

    2.60 acre land parcel in Plattsburgh, NY.

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    Residential Development Land
    Residential Development Land

    Tolland Stage Road, Tolland, CT 06084

    $1,550,000
    83.12 AC lot

    83.12-acre level raw land parcel zoned RDD with frontage on Tolland Stage Road and additional access via Buff Cap Road.

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    80+ Acre Development Opportunity
    80+ Acre Development Opportunity

    Tolland Stage Road, Tolland, CT 06084

    $1,550,000
    83.12 AC lot

    Large residential development land with easy highway access.

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    Commercial Land Opportunity in Wynantskill
    Commercial Land Opportunity in Wynantskill

    453 Main Avenue, Wynantskill, NY 12198

    $325,000
    7.00 AC lot

    7 acres of commercial land with frontage on Main Ave.

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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. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $8,600,000.

    Sale prices for assisted living facilities in Bangor, ME start at $8,600,000, averaging $8,600,000, and reaching up to $8,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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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
    Spa & wellness properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Bangor submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04401 $4.7M

    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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