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    Updated Commercial Building in Bangor Title is generated by Realmo AI

    1555 Hammond Street, Bangor, ME 04401

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    Claim this Listing
    Pending
    $420,000

    Business - Bangor, ME

    Type:Business
    Property size:
    2,295 SF
    Lot size:
    44,867.00 Acres
    Added:
    Dec 7, 2025
    Days on Market:
    184
    Last Refresh:
    Jun 9 at 5:06 am

    Property Features for 1555 Hammond Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Pending
    Size
    2,295 SF
    Lot size
    44,867.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3168

    Utilities

    Heating system
    Baseboard, Hot Water (Heating), Zoned (Heating)

    Building Details

    Year built
    1955
    Flooring type
    Concrete, Vinyl
    Roof type
    Flat, Membrane
    Architectural style
    Other

    We can help!

    Listing Contact
    Ansley Moore

    Listing agent Ansley Moore

    Listing office Bangor, Maine 1162 Union Street, Keene, ME

    Listing date Dec 7, 2025

    MLS# 1645808 Listing URL

    Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Highly visible location ensures maximum exposure
    • Versatile layout ideal for office, showroom, and storage
    • Generous garage space for storage, equipment, or vehicle access
    • Updated with modern amenities
    • Well‑appointed office space
    • Bright and spacious showroom area

    Overview

    This updated commercial building is situated in a highly visible location, ensuring maximum exposure. The property includes garage space, providing room for storage, equipment, or vehicle access. Inside, there is office space suitable for administrative work or client meetings. The showroom area is designed to highlight products or services. With its versatile layout, this building is suitable for businesses that require a combination of office, showroom, and storage areas. The property is located in Bangor, ME, in Penobscot County, and has a lot size of 1.03 acres. The building has 2295 square feet of space.

    Local Financial Insights For Office B

    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 $49.6k $21.60
    − Vacancy −$6.3k −$2.75
    EGI $43.3k $18.85
    − OpEx −$10.8k −$4.71
    NOI $32.4k $14.14
    2,295 SF · lease $21.60/SF/yr · vacancy 12.74% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $463.5K
    $405.5K – $540.7K (±1% cap)
    NOI $32,442 @ 7.0% cap · market cap 7.72%
    Second Best
    Retail
    $274.3K
    $240.0K – $320.0K (±1% cap)
    NOI $19,201 @ 7.0% cap · market cap 4.57%
    Theoretical Best
    Office A
    $741.2K
    $648.6K – $864.8K (±1% cap)
    NOI $51,885 @ 7.0% cap · market cap 12.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sunspace of Bangor General Contractor Maine Sealer Products ... General Contractor Hickory Dickory Decks, ... Construction Company

    Suggested Use

    Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Gym & Fitness Center Nail Salon Hotel & Motel Department Store Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • American Carpet — 242 miller st, bangor, me 04401
    • Bangor Millwork & Supply Inc. — 355 Target Industrial Cir, Bangor, ME 04401

    Location Insight

    • Map
    • Local Demand
    City
    Bangor
    County
    Penobscot
    State
    Maine
    Longitude
    -68.838038
    Latitude
    44.795039

    FAQs

    What type of property is this?
    Showroom - Modern commercial building with showroom, office, and garage space.
    Where is this showroom located?
    The property is located at 1555 Hammond Street Bangor, ME.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: Highly visible location ensures maximum exposure; Versatile layout ideal for office, showroom, and storage; Generous garage space for storage, equipment, or vehicle access
    More about this property
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