Historic Mixed-Use
133-135 Broadway Bangor, ME 04401
For Sale
$949,999
COMMERCIAL - Bangor, ME
Property Size7,422 SF
Lot Size0.44 Acres
Price / SF$127
Days on Market59
Property Features for 133-135 Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M & SD
Rooms
Basement
Parking features
Off Street
Interior features
Storage
Basement
Full, Unfinished, Partial
Accessibility
Accessible Approach with Ramp
Standard status
Active
Size
7,422 SF
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
11061
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating), Natural Gas, Zoned, Hot Water(Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1870
Flooring type
Wood, Carpet, Laminate
Building materials
Wood Frame, Wood Siding
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
Realty of Maine
(207) 942-6310
Listed By:
Jennifer Herbold
(207) 478-4230
Added: Jun 2
Changed: Jul 28
Last Checked: Jul 30 at 4:06AM
MLS# 1645787
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 historic commercial/residential building offers restored original wood floors and woodwork. The former law office space includes multiple private offices, multiple conference rooms, and private bathrooms, with a separate private parking lot included.
The property is listed as mixed-use and sits on a lot of 0.44 acres. It has undergone upgrades including a new heating system with a backup boiler as a secondary unit, along with new heat pumps throughout.
With approximately 7,422 square feet, the building supports professional office use while also accommodating residential income through licensed Airbnb apartment cashflows, as described in the listing remarks.
The property is listed as mixed-use and sits on a lot of 0.44 acres. It has undergone upgrades including a new heating system with a backup boiler as a secondary unit, along with new heat pumps throughout.
With approximately 7,422 square feet, the building supports professional office use while also accommodating residential income through licensed Airbnb apartment cashflows, as described in the listing remarks.
Key Highlights
- Historic 7,000 SF commercial/residential building built in 1870
- Former law office setup with multiple private offices, multiple conference rooms, and private bathrooms
- Restored original wood floors/woodwork and mixed flooring including wood, carpet, and laminate
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $120.2k | $16.20 |
| − Vacancy | −$6.5k | −$0.87 |
| EGI | $113.7k | $15.33 |
| − OpEx | −$51.2k | −$6.90 |
| NOI | $62.6k | $8.43 |
7,422 SF · lease $16.20/SF/yr · vacancy 5.40% · expense 45.00%
Alternative Uses
Best Use
Office B
$1.50M
$1.31M – $1.75M
NOI $104,918 @ 7.0% cap · market cap 11.04%
Second Best
Apartment 5plus
$893.7K
$782.0K – $1.04M
NOI $62,559 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,797 @ 7.0% cap · market cap 17.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Restored woodwork and original floors complement a former law office setup with multiple private offices, conference rooms, and bathrooms.
Where is this mixed-use property located?
The property is located at 133-135 Broadway Bangor, ME.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: Historic 7,000 SF commercial/residential building built in 1870; Former law office setup with multiple private offices, multiple conference rooms, and private bathrooms; Restored original wood floors/woodwork and mixed flooring including wood, carpet, and laminate
