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    190 Harlow St St Bangor, ME 04401

    For Sale
    $975,000

    High-Income Potential, 16,000+ sq ft

    Property size:
    16,496 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    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 Features for 190 Harlow St St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    16,496 SF
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1958
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    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
    -68.7747
    Latitude
    44.80465

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    FAQs

    What type of property is this?
    Mixed-use property - High-Income Potential, 16,000+ sq ft
    Where is this mixed-use property located?
    The property is located at 190 Harlow St St Bangor, ME.
    What is the asking price?
    The asking price for this property is $975,000.
    (207) 573-7400
    Request Owner's contact information
    190 Harlow St St 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
    190 Harlow St St Bangor, ME 04401
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