123-127 Franklin Street, Bangor, ME 04401
- Added:
- Jun 8, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 21 at 11:06 am
Property Features for 123-127 Franklin Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 24 Downtown Dev Dist
- Rooms
- Basement
- Parking features
- On Street
- Basement
- Full
- Standard status
- Active
- Size
- 13,200 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 11923
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air, Baseboard
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1912
- Number of units
- 4
- Flooring type
- Hardwood, Tile, Carpet
- Building materials
- Masonry, Brick, Concrete
- Roof type
- Membrane
Listing agent Stephen Sprague (207) 319-8129
Listing office ERA Dawson-Bradford Co. 417 Main Street, Bangor, ME (207) 947-6788
Listing date Jun 8, 2026
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.
HighLights
- Mixed‑use building at 123 & 127 Franklin St with four renovated apartments plus two restaurant spaces
- Renovated apartments include hardwood floors and washer/dryer hookups; second and third floors offer downtown views
- Apartment mix: #1 3 bed/1 bath 800 SF ($1,400/mo), #2 2 bed/1 bath 900 SF ($1,352/mo), #3 3 bed/1 bath/1 den 1,000 SF ($1,497.60/mo), #4 3 bed/2 bath/1 den 1,000 SF ($1,550/mo)
- Benjamin's Pub in the lower level; first‑floor restaurant and bar space currently undergoing cosmetic renovations
- Commercial spaces renovated 2020–2021 with updated kitchen suppression systems
- Natural gas furnace installed 2012; roof is membrane; facade repaired and repainted in 2019 using City of Bangor facade grant funds (eligible for up to 50% cost share)
Overview
The commercial component includes two restaurant/bar spaces. The lower level is Benjamin’s Pub, and the first-floor restaurant and bar space with a dining area is currently undergoing cosmetic renovations. The commercial areas were renovated between 2020 and 2021 and include updated kitchen suppression systems. Additional building improvements include a natural gas furnace installed in 2012 and a facade repaired and repainted in 2019 using City of Bangor facade grant funds.
Zoned as part of the 24 Downtown Dev Dist, the property remains eligible for additional facade grants with up to 50% cost share. For investors or operators seeking a stabilized mixed-use setup, this configuration provides in-building residential income alongside street-level restaurant and bar space in downtown Bangor’s development district.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bangor
- County
- Penobscot
- State
- Maine
- Longitude
- -68.7718885
- Latitude
- 44.8035639
