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Flex Office with Showroom Space

Bangor, ME 04401 Bangor, ME 04401

Bangor, ME, 04401
$420,000
Pending
For Sale
$420,000
Pending

COMMERCIAL - Bangor, ME

Property Size2,295 SF
Days on Market226

Property Features

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
Listed by Ansley Moore
Added: Dec 7, 2025 Updated: Jul 20 at 4:08PM Checked: Jul 21 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.

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

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
Flex RnD
$282.7K
$247.4K – $329.9K (±1% cap)
NOI $19,792 @ 7.0% cap · market cap 4.71%
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 Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

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 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
Contact an agent
More about this property
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