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    97 Allen St Bangor, ME 04401

    Sponsored
    For Sale
    $276,000

    Turn-key office space, updated 2019.

    Property size:
    1,365 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial office building, located at 97 Allen Street in Bangor, Maine, presents a unique opportunity for businesses seeking a move-in ready space. The 1,365 square foot building sits on a 0.23-acre lot and underwent a complete remodel in 2019. The interior boasts five private offices, a versatile conference/break room ideal for collaborative work or client meetings, and a welcoming waiting area for visitors. A full basement provides ample space for utilities and storage. The building's infrastructure is modern and efficient, featuring a recently installed central heating and air conditioning unit, ensuring year-round comfort. All electrical systems were updated during the 2019 renovation, providing peace of mind and energy efficiency. Utilities are serviced by public water and sewer, with natural gas heating. A significant advantage is the expansive paved parking area, offering convenient parking for staff and clients. This turnkey property eliminates the need for extensive renovations or upgrades, allowing businesses to focus on their operations immediately. The prime Bangor location ensures high visibility and accessibility. This is an exceptional opportunity to acquire a fully renovated, well-maintained commercial office building in a desirable location.

    Property Features for 97 Allen St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,365 SF
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1936
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    -68.79572
    Latitude
    44.80177

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    FAQs

    What type of property is this?
    Office Property / Space - Turn-key office space, updated 2019.
    Where is this office property / space located?
    The property is located at 97 Allen St Bangor, ME.
    What is the asking price?
    The asking price for this property is $276,000.
    (207) 667-2300
    Request Owner's contact information
    97 Allen St 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
    97 Allen St Bangor, ME 04401
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