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Downtown Office Condo
For Sale
$205,000

115 Franklin Street, Bangor, ME 04401

Commercial Sale, Bangor, ME

Property Size2,014 SF
Lot Size0.05 Acres
Price / SF$101.79
Days on Market47

Property Features for 115 Franklin Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning Downtown Development
Rooms Basement
Parking features On Street, Assigned, Off Street
Interior features Storage
Basement Full
Lot features Public Transport Access, Downtown, Business District, Bus Line, Historic District, Near Shopping
Standard status Active
Size 2,014 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3503
HOA Fee $511 Monthly

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Forced Air
Cooling system Central Air
Water source Public

Amenities

full kitchen
private restroom with shower
secure basement storage

Building Details

Year built 1912
Building materials Brick
Additional Structures Storage
Listing Agency: ERA Dawson-Bradford Co. · ERA Real Estate
Listed By: Catherine Solari
Added: Jul 17 Changed: Aug 19 Last Checked: Sep 1 at 1:06AM
MLS# 1651683

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This fourth-floor office condominium contains 2,014 square feet with six private offices, a larger room suited to meetings, and two workstations in the reception area. The unit also includes a full kitchen, a private restroom with shower, approximately 150 square feet of secure basement storage, and dedicated parking behind the building. Fresh paint was completed within the last year.

Direct elevator service connects the building to the office. On-street parking and a paid public lot across the street provide additional parking options. The property is located in downtown Bangor near restaurants, shops, City Hall, the post office, and the library. Zoning is Downtown Development, with public water and public sewer service. The building was constructed in 1912 and features brick construction, electric forced-air heating, and central air conditioning.

Key Highlights

  • 2,014‑square‑foot fourth‑floor office condominium
  • Six private offices, a larger conference room, and two reception‑area workstations
  • Full kitchen and private restroom with shower

Property Analytics

Current Use

Worgull Norman O Physician Cheryl S. Pelletier Psychotherapist Kristi Buchanan Lmt Alternative Medicine Practice Horace Mann Insurance ... Insurance Agency TrueNorth Counseling Solutions Counselor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Auto Parts Store Catering Service Pet Store & Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,014
Businesses Nearby

Demographics for 04401, ME

44,608
Population
20,932
Households
2.1
Avg Household Size
40
Median Age
37%
College-Educated
96%
High-School Grad
100.1 sq mi
ZIP Area
446
Density / Sq Mi
$66,136
Median Household Income
$40,863
Median Earnings
$1,048
Median Rent
$229,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Fourth-floor office condominium with private rooms, reception workstations, kitchen, restroom, and elevator access.
Where is this office units located?
The property is located at 115 Franklin Street Bangor, ME.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 2,014‑square‑foot fourth‑floor office condominium; Six private offices, a larger conference room, and two reception‑area workstations; Full kitchen and private restroom with shower
More about this property
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