Property summary
This exceptional mixed-use property at 190 Harlow Street in Bangor, Maine, presents a unique investment opportunity. Spanning 16,496 square feet on a 0.35-acre lot, this building boasts a prime downtown location and a rich history as Bangor's largest nightclub for nearly two decades. Currently configured as three separate commercial spaces, the property offers immense flexibility for a variety of uses, including restaurants, breweries, or entertainment venues. The zoning allows for diverse possibilities, making it an adaptable asset for future development. Ample on-site parking is complemented by convenient public parking directly adjacent to the building, ensuring easy access for patrons and employees. The property's strong financial performance is evident in its historically high net operating income (NOI) of $127,250 per year. Priced significantly below assessed value at $975,000, this represents a compelling opportunity for investors seeking a high-return property in a vibrant downtown setting. The building's substantial size and versatile layout provide a solid foundation for a thriving business or a portfolio addition with significant upside potential. Don't miss this chance to acquire a well-established, income-generating property in a desirable Maine location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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