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586 Main St Bangor, ME 04401

For Sale
$1,900,000

High-traffic location, income-producing tenants.

Property size:
28,756 SF

Description

Added:
Feb 3, 2025
Days on Market:
310
This exceptional 28,756 square foot commercial building at 586 Main Street, Bangor, ME, presents a unique investment opportunity. Strategically situated adjacent to the I-395 interchange, this property boasts unparalleled visibility and accessibility, making it ideal for a variety of commercial uses. Formerly the Anah Temple Shrine Building, the structure has undergone significant improvements, ensuring modern functionality and appeal. The building's substantial size is well-suited for a large retailer, distribution center, or warehouse operation. Currently, two tenants occupy approximately 14,000 square feet, generating rental income that helps offset operating expenses for the remaining space. This provides a strong foundation for a new owner, mitigating initial investment risk. The property sits on a 0.9-acre lot, offering ample space for expansion or outdoor activities. The asking price is $1,900,000, and owner financing may be available. This is a rare chance to acquire a high-profile commercial property in a thriving Maine location with significant income potential. Don't miss this opportunity to secure a prime piece of Bangor real estate.

Property Features for 586 Main St

General Information

Property type
Other commercial real estate
Square Feet
28,756 SF
Lot Size
39,204 SF

Building Details

Year Built
1928

Property Profile Insight Report Location Intelligence

Current Use by Public Records

El Dorado Tattoos Tattoo Shop

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Bangor
County
Penobscot
State
Maine
Longitude
-68.77875
Latitude
44.78611

FAQs

What type of property is this?
Commercial real estate - High-traffic location, income-producing tenants.
Where is this commercial real estate located?
The property is located at 586 Main St Bangor, ME.
What is the asking price?
The asking price for this property is $1,900,000.
More about this property
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