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Two-Unit Office Building

127 Thatcher Street, Bangor, ME 04401

For Sale
$205,900

Separate units allow an owner to occupy one suite while leasing the other.

Property Size3,746 SF
Lot Size1.45 Acres
Price / SF$54.97
Days on Market1083

Property Features for 127 Thatcher Street

General Information

Standard status Active
Size 3,746 SF
Lot size 1.45 Acres
Property subtype Commercial
Zoning I&S

Additional Details

Highway Access Yes
Office Units 2
Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $4,402

Building Details

Building Size 3,746 SF
Year Built 1900
Stories 3
Tenancy Multi
Listing Agency: Maine Real Estate Co
Listed By: Bailey Jankowski
Source: Integrityhomesrealestategroup
Added: Nov 25, 2023 Changed: Nov 11 Last Checked: Nov 11 at 2:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maine Real Estate Co

Rey
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Investment Insights

Based on property information with market context.

This office property contains two distinct units within 3,746 square feet. The approximately 1.45-acre site includes parking and is zoned I&S. The building dates to 1900 and is offered in as-is condition.

The property sits in an established industrial park between Thatcher Street and Farm Road, with access to I-395 a short drive away. One office is currently occupied; that business is expected to leave when the sale closes.

A site development plan requires the new owner to plant trees that were previously removed, with an addendum documenting that commitment.

Key Highlights

  • Two office units in a 3,746‑square‑foot building
  • Approximately 1.45‑acre site with parking
  • Zoned I&S

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Nail Salon Garden Center Furniture & Home Goods Grocery & Convenience Store Hair Salon

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

Lease Details

2
Office units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

286
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

Average Price Trend$/SF for Office buildings in Bangor, ME

$141 Jul
$131 Aug
$131 Sep
$138 Oct

Properties on Market for Office buildings in Bangor

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Separate units allow an owner to occupy one suite while leasing the other.
Where is this office building located?
The property is located at 127 Thatcher Street Bangor, ME.
What is the asking price?
The asking price for this property is $205,900.
What are key features of this property?
This property features: Two office units in a 3,746‑square‑foot building; Approximately 1.45‑acre site with parking; Zoned I&S
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