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Downtown Office Condo
For Sale
$199,000

115 Franklin Street, Bangor, ME 04401

Commercial Sale, Bangor, ME

Property Size2,014 SF
Lot Size0.05 Acres
Price / SF$98.81
Days on Market72

Property Features for 115 Franklin Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning Downtown Development
Rooms Basement
Parking features On Street, Assigned, Off Street
Interior features Storage
Basement Full
Lot features Public Transport Access, Downtown, Business District, Bus Line, Historic District, Near Shopping
Standard status Active
Size 2,014 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3503
HOA Fee $511 Monthly

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Forced Air
Cooling system Central Air
Water source Public

Amenities

full kitchen
private restroom with shower
basement storage

Building Details

Year built 1912
Building materials Brick
Additional Structures Storage
Listing Agency: ERA Dawson-Bradford Co. · ERA Real Estate
Listed By: Catherine Solari
Added: Jul 17 Changed: Sep 12 Last Checked: Sep 26 at 8:06AM
MLS# 1651683

Copyright © 2026 Maine Listings. 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 fourth-floor office condominium at 115 Franklin Street provides 2,014 square feet of professional workspace in a brick building constructed in 1912. The elevator opens directly to the unit, which includes six private offices, a larger room suitable for meetings or additional office use, and two reception-area workstations. Recent paint, a full kitchen, and a private restroom with shower contribute to the unit’s functional layout. Approximately 150 square feet of basement storage is also included.

The property is zoned Downtown Development and offers assigned parking behind the building, along with free on-street parking and a paid public lot across the street. Restaurants, shops, City Hall, the post office, and Bangor Public Library are minutes away. The existing configuration has served a single business and may also accommodate separate office leasing, subject to applicable requirements.

Key Highlights

  • 2,014 SF fourth‑floor office condominium at 115 Franklin Street
  • Six private offices, a larger meeting or office room, and two reception workstations
  • Elevator access directly into the unit, with fresh paint within the last year

Property Analytics

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Current Use

Worgull Norman O Physician Cheryl S. Pelletier Psychotherapist Kristi Buchanan Lmt Alternative Medicine Practice Horace Mann Insurance ... Insurance Agency TrueNorth Counseling Solutions Counselor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Pet Store & Service Pet Grooming Service Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,014
Businesses Nearby

Demographics for 04401, ME

44,608
Population
20,932
Households
2.1
Avg Household Size
40
Median Age
37%
College-Educated
96%
High-School Grad
100.1 sq mi
ZIP Area
446
Density / Sq Mi
$66,136
Median Household Income
$40,863
Median Earnings
$1,048
Median Rent
$229,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Fourth-floor workspace combines private offices, shared reception, kitchen facilities, and dedicated parking in a downtown setting.
Where is this office units located?
The property is located at 115 Franklin Street Bangor, ME.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 2,014 SF fourth‑floor office condominium at 115 Franklin Street; Six private offices, a larger meeting or office room, and two reception workstations; Elevator access directly into the unit, with fresh paint within the last year
More about this property
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