Historic Mixed-Use Office &
133-135 Broadway Bangor, ME 04401
For Sale
$1,000,000
Historic building offers private offices, conference rooms, private bathrooms, and a private parking lot; new HVAC system installed.
Property Size7,422 SF
Price / SF$134.73
Days on Market251
Property Features for 133-135 Broadway
General Information
- Standard status
- Active
- Size
- 7,422 SF
- Property subtype
- Commercial / Mixed Use
Building Details
- Year Built
- 1870
Listing Agency:
Realty of Maine
(207) 478-4230
Listed By:
Jennifer Herbold
(207) 478-4230
Source:
Compass
Added: Nov 15, 2025
Changed: Jul 23
Last Checked: Jul 23 at 3:12AM
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 Realty of Maine
Investment Insights
Based on property information with market context.
Historic commercial/residential building with original refinished hardwood floors and restored woodwork. The property is configured with multiple private offices, multiple conference rooms, and private bathrooms, along with a private parking lot. The HVAC system was updated with new equipment, including a backup boiler as a secondary heat source in addition to new heat pumps throughout.
Located at 133–135 Broadway in Bangor, Maine, the building includes space occupied by additional professional tenants and also features licensed Airbnb apartment cashflows described as six figures in the property remarks.
Located at 133–135 Broadway in Bangor, Maine, the building includes space occupied by additional professional tenants and also features licensed Airbnb apartment cashflows described as six figures in the property remarks.
Key Highlights
- Historic 7,000 sq ft commercial/residential building built in 1870
- Original refinished hardwood floors and woodwork restored
- Multiple private offices, multiple conference rooms, and private bathrooms
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $120.2k | $16.20 |
| − Vacancy | −$6.5k | −$0.87 |
| EGI | $113.7k | $15.33 |
| − OpEx | −$51.2k | −$6.90 |
| NOI | $62.6k | $8.43 |
7,422 SF · lease $16.20/SF/yr · vacancy 5.40% · expense 45.00%
Alternative Uses
Best Use
Office B
$1.50M
$1.31M – $1.75M
NOI $104,918 @ 7.0% cap · market cap 10.49%
Second Best
Apartment 5plus
$893.7K
$782.0K – $1.04M
NOI $62,559 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,797 @ 7.0% cap · market cap 16.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Mixed-use property - Historic building offers private offices, conference rooms, private bathrooms, and a private parking lot; new HVAC system installed.
Where is this mixed-use property located?
The property is located at 133-135 Broadway Bangor, ME.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Historic 7,000 sq ft commercial/residential building built in 1870; Original refinished hardwood floors and woodwork restored; Multiple private offices, multiple conference rooms, and private bathrooms
