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    163 State Street Ave Bangor, ME 04401

    For Sale
    $250,000

    Business - Bangor, ME

    Type:Business
    Property size:
    3,010 SF
    Lot size:
    7,405.00 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 15 at 12:06 am

    Property Features for 163 State Street Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Size
    3,010 SF
    Lot size
    7,405.00 Acres

    Utilities

    Heating system
    Heat Pump (Heating), Hot Water (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    1880
    Flooring type
    Carpet, Laminate, Vinyl
    Roof type
    Shingle
    Architectural style
    Other

    Better Homes and Gardens-The Masiello Group (800) 741-1540 [email protected]

    Listing agent Michelle Ridley (207) 338-3500

    Listing date Nov 27, 2025

    MLS# 1632685 Listing URL

    Copyright © 2025 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.

    Overview

    State Street Mixed-Use Opportunity

    Located on State Street in Bangor, this mixed-use building presents an opportunity for various ventures. The property, formerly a sandwich shop, is suitable for a cafe, retail space, or office. Alternatively, it could be converted into additional apartments. The building includes a spacious 2-bedroom apartment upstairs, suitable for owner occupancy or rental income. Off-street parking is available for customers, tenants, or clients. The property benefits from visibility and accessibility on State Street. This building offers a flexible investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bangor
    County
    Penobscot
    State
    Maine
    Longitude
    -68.763831
    Latitude
    44.804385

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail space and apartment in Bangor.
    Where is this mixed-use property located?
    The property is located at 163 State Street Ave Bangor, ME.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime location on State Street with excellent visibility and accessibility.; - Mixed-use property suitable for retail, office, cafe, or apartments.; - Includes a spacious 2-bedroom apartment for owner occupancy or rental income.
    (207) 338-3500
    Request Owner's contact information
    163 State Street Ave Bangor, ME 04401
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    Bangor, ME 04401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    163 State Street Ave Bangor, ME 04401
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