Historic Mixed-Use
133-135 Broadway, Bangor, ME 04401
For Sale
$899,999
Commercial Sale, Bangor, ME
Property Size7,422 SF
Lot Size0.44 Acres
Price / SF$121.26
Days on Market125
Property Features for 133-135 Broadway
General Information
Property type
Property subtype
Zoning
Rooms
Parking features
Interior features
Basement
Accessibility
Lot features
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Flooring type
Building materials
Roof type
Additional Structures
Buildings
Listing Agency:
Realty of Maine
(207) 942-6310
Listed By:
Jennifer Herbold
(207) 478-4230
Added: Jul 9
Changed: Nov 3
Last Checked: Nov 10 at 9:06AM
MLS# 1645787
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.
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Investment Insights
Based on property information with market context.
Constructed in 1870, this 7,422-square-foot mixed-use property combines commercial and residential space on a 0.44-acre parcel. The former law-office layout includes multiple private offices, conference rooms, private bathrooms, storage, and a basement. Original wood flooring and woodwork have been restored, while laminate and carpet are also present throughout portions of the building.
The property includes a private off-street parking lot and an accessible approach with ramp. Professional tenants and a licensed Airbnb apartment are also part of the existing configuration. Building systems include a new heating system with a backup boiler, heat pumps throughout, zoned heating, public water, public sewer, and a shingle roof. The property is located at 133-135 Broadway in Bangor and is zoned M & SD.
The property includes a private off-street parking lot and an accessible approach with ramp. Professional tenants and a licensed Airbnb apartment are also part of the existing configuration. Building systems include a new heating system with a backup boiler, heat pumps throughout, zoned heating, public water, public sewer, and a shingle roof. The property is located at 133-135 Broadway in Bangor and is zoned M & SD.
Key Highlights
- 7,422‑square‑foot mixed‑use building on 0.44 acres
- Built in 1870 with restored original wood floors and woodwork
- Multiple private offices, conference rooms, and private bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,188
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,063,760
$1.1M
Cap Rate 7%
$759,829
$759.8K
Cap Rate 9%
$590,978
$591.0K
Market Conditions
NOI Build-Up for 7,422 SF
Gross rent
$93.5K $12.60/SF
− Vacancy
−$8.4K −$1.13/SF
EGI
$85.1K $11.47/SF
− OpEx
−$31.9K −$4.30/SF
NOI
$53.2K $7.17/SF
Area
Penobscot County, ME
Vacancy
9.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,063,760
Cap Rate 7%
$759,829
Cap Rate 9%
$590,978
Alternative Uses
Best Use
Office B
$1.50M
$1.31M – $1.75M
NOI $104,918 @ 7.0% cap · market cap 11.66%
Second Best
Mixed Use
$759.8K
$664.9K – $886.5K
NOI $53,188 @ 7.0% cap · market cap 5.91%
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
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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
$229,600
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Penobscot County, ME
Properties on Market for Mixed-use properties in Penobscot County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Restored woodwork, private offices, conference rooms, and on-site parking support professional occupancy.
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: 7,422‑square‑foot mixed‑use building on 0.44 acres; Built in 1870 with restored original wood floors and woodwork; Multiple private offices, conference rooms, and private bathrooms
