Historic Mixed-Use
For Sale
$899,999
133-135 Broadway, Bangor, ME 04401
Downtown Bangor property with office and residential components, private parking, restored historic finishes, and updated HVAC systems.
Property Size7,000 SF
Price / SF$121.26
Days on Market325
Property Features for 133-135 Broadway
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Commercial
Lease Term
[]
Amenities
Ramped Main Level
Building Details
Year Built
1870
Buildings
1
Building Size
7,000 SF
Tenancy
Multi
Listing Agency:
Realty of Maine
Listed By:
Jennifer Herbold
(207) 478-4230
Source:
Portsiderealestategroup
Added: Nov 24, 2025
Changed: Oct 11
Last Checked: Oct 15 at 12:01AM
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.
Built in 1870, this historic mixed-use property combines commercial and residential components in downtown Bangor. The building features multiple private offices, conference rooms, private bathrooms, restored woodwork, and refinished original hardwood floors. A licensed Airbnb apartment and professional tenants are also part of the property’s current configuration.
The property includes a private parking lot with 20+ parking spots. Building systems include a new HVAC system, a backup boiler, and new heat pumps throughout. Located at 133-135 Broadway in Bangor, Maine, the asset offers a combination of office functionality, residential use, historic character, and on-site parking.
The property includes a private parking lot with 20+ parking spots. Building systems include a new HVAC system, a backup boiler, and new heat pumps throughout. Located at 133-135 Broadway in Bangor, Maine, the asset offers a combination of office functionality, residential use, historic character, and on-site parking.
Key Highlights
- 20+ parking spots with a private on‑site parking lot
- Historic building constructed in 1870
- Multiple private offices, conference rooms, and private bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,559
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,251,180
$1.3M
Cap Rate 7%
$893,700
$893.7K
Cap Rate 9%
$695,100
$695.1K
Market Conditions
NOI Build-Up for 7,422 SF
Gross rent
$120.2K $16.20/SF
− Vacancy
−$6.5K −$0.87/SF
EGI
$113.7K $15.33/SF
− OpEx
−$51.2K −$6.90/SF
NOI
$62.6K $8.43/SF
Area
Penobscot County, ME
Vacancy
5.40%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,251,180
Cap Rate 7%
$893,700
Cap Rate 9%
$695,100
Alternative Uses
Best Use
Office B
$1.50M
$1.31M – $1.75M
NOI $104,918 @ 7.0% cap · market cap 11.66%
Second Best
Apartment 5plus
$893.7K
$782.0K – $1.04M
NOI $62,559 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,797 @ 7.0% cap · market cap 18.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,090
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown Bangor property with office and residential components, private parking, restored historic finishes, and updated HVAC systems.
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 $899,999.
What are key features of this property?
This property features: 20+ parking spots with a private on‑site parking lot; Historic building constructed in 1870; Multiple private offices, conference rooms, and private bathrooms
