Flex Office with Showroom
1555 Hammond Street Bangor, ME 04401
For Sale
$420,000
Pending
COMMERCIAL - Bangor, ME
Property Size2,295 SF
Days on Market229
Property Features for 1555 Hammond Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Pending
- Size
- 2,295 SF
Building Details
- Year built
- 1955
Listing Agency:
Bangor, Maine
(207) 942-6711
Listed By:
Ansley Moore
(207) 942-6711
Added: Dec 7, 2025
Changed: Jul 23
Last Checked: Jul 24 at 7:06AM
MLS# 1645808
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.
Investment Insights
Based on property information with market context.
This updated commercial building is configured to combine office work, showroom display, and enclosed garage space. Interior areas include a well-appointed office space and a bright, spacious showroom designed to present products or services. Additional garage space provides room for storage, equipment, or vehicle access, supporting a versatile day-to-day workflow.
Located in Bangor, Maine, the property is positioned for strong visibility from passing traffic, supporting businesses that benefit from customer awareness and convenient access.
For sale as a single updated facility, the layout is geared toward users seeking a practical mix of administrative space, client-facing showroom presence, and on-site garage storage.
Located in Bangor, Maine, the property is positioned for strong visibility from passing traffic, supporting businesses that benefit from customer awareness and convenient access.
For sale as a single updated facility, the layout is geared toward users seeking a practical mix of administrative space, client-facing showroom presence, and on-site garage storage.
Key Highlights
- Updated commercial building built in 1955
- Includes an office space for administration or client meetings
- Bright, spacious showroom area designed to display products or services
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
NOI $32,442 @ 7.0% cap · market cap 7.72%
Second Best
Flex RnD
$282.7K
$247.4K – $329.9K
NOI $19,792 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$741.2K
$648.6K – $864.8K
NOI $51,885 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sunspace of Bangor
General Contractor
Maine Sealer Products ...
General Contractor
Hickory Dickory Decks, ...
Construction Company
FAQs
What type of property is this?
Flex space - Updated commercial building with office, bright showroom area, and generous garage space for storage or vehicle access.
Where is this flex space 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: Updated commercial building built in 1955; Includes an office space for administration or client meetings; Bright, spacious showroom area designed to display products or services
