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High-Visibility Commercial Building in Bangor

1567 Hammond Street Bangor, ME 04401

Claim this Listing
For Sale
$595,000

Business - Bangor, ME

Type:Business
Property size:
5,568 SF
Lot size:
37,026.00 Acres
Price / SF:
$106/SF
Added:
Dec 7, 2025
Days on Market:
216
Last Refresh:
Jul 11 at 11:06 am

Property Features for 1567 Hammond Street

General Information

Property type
Commercial Sale
Property subtype
Business
Standard status
Active
Size
5,568 SF
Lot size
37,026.00 Acres

Taxes and HOA fees

Tax Annual Amount
5712

Utilities

Heating system
Baseboard, Zoned (Heating)

Building Details

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

Listing agent Ansley Moore

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

Listing date Dec 7, 2025

MLS# 1645807 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.


Investment Insights

Based on property information with market context.

This commercial building is located in Bangor, ME, and offers exceptional visibility. The property features a pylon sign with a new electronic message center. The building provides ample functional space, including an oversized garage door large enough to accommodate two large commercial trucks. Inside, there is a spacious manufacturing area designed to support production needs, with room for machinery and materials. The production room is well-appointed for efficient workflow and operations. The office space includes a professional reception area. The property is situated on a lot of 0.85 acres and the building size is 5,568 square feet.

Key Highlights

  • Prime location with exceptional visibility for high business exposure.
  • Pylon sign with new electronic message center for dynamic advertising.
  • Oversized garage door accommodates two large commercial trucks.

Local Financial Insights For Retail

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 $80.2k $14.40
− Vacancy −$13.6k −$2.45
EGI $66.5k $11.95
− OpEx −$20.0k −$3.59
NOI $46.6k $8.37
5,568 SF · lease $14.40/SF/yr · vacancy 17.00% · expense 30.00%

Alternative Uses

Best Use
Office B
$1.12M
$983.9K – $1.31M (±1% cap)
NOI $78,710 @ 7.0% cap · market cap 13.23%
Second Best
Retail
$665.5K
$582.3K – $776.4K (±1% cap)
NOI $46,584 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$1.80M
$1.57M – $2.10M (±1% cap)
NOI $125,881 @ 7.0% cap · market cap 21.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bangor Neon (Bike/Boat/Book/etc) Store Keybank Bank

Suggested Use

Furniture & Home Goods (Bike/Boat/Book/etc) Store Computer & Electronic Repair Barber Shop Garden Center Carpet & Flooring Store Dental Office Gym & Fitness Center Hair Salon Nail Salon

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

FAQs

What type of property is this?
Manufacturing property - Versatile commercial building with high visibility and functional space.
Where is this manufacturing property located?
The property is located at 1567 Hammond Street Bangor, ME.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Prime location with exceptional visibility for high business exposure.; Pylon sign with new electronic message center for dynamic advertising.; Oversized garage door accommodates two large commercial trucks.
Contact an agent
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