Manufacturing Building with Truck
New
For Sale
$535,000
1567 Hammond Street, Bangor, ME 04401
Commercial Sale, Bangor, ME
Property Size5,568 SF
Lot Size0.85 Acres
Price / SF$96.08
Days on Market2
Property Features for 1567 Hammond Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
GC&S
Interior features
Storage
Lot features
Public Transport Access, Near Turnpike/ Interstate, Business District
Standard status
Active
Size
5,568 SF
Lot size
0.85 Acres
Additional Details
Property Use
Manufacturing
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5529
Utilities
Sewer type
Public Sewer
Heating system
Oil, Zoned, Baseboard
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
1955
Number of units
1
Flooring type
Vinyl, Heavy duty, Concrete
Building materials
Masonry, Block, Brick, Clapboard
Roof type
Flat, Membrane
Additional Structures
Storage
Listing Agency:
Better Homes & Gardens Real Estate/The Masiello Group · Better Homes and Gardens Real Estate
(207) 942-6711
Listed By:
Ansley Moore
(207) 745-4490
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 6:06PM
MLS# 1685717
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.
At 1567 Hammond Street in Bangor, this 5,568-square-foot manufacturing property sits on 0.85 acres. The building includes a manufacturing area, a production room, storage, and office space with a reception area. An oversized garage door provides access for large commercial vehicles, and a pylon sign incorporates an electronic message center. The property was built in 1955 and is zoned GC&S.
Construction materials include masonry, block, brick, and clapboard. Interior flooring includes heavy-duty surfaces, vinyl, and concrete. Heating is zoned baseboard oil, with wall-unit cooling. Public water and sewer serve the property.
Construction materials include masonry, block, brick, and clapboard. Interior flooring includes heavy-duty surfaces, vinyl, and concrete. Heating is zoned baseboard oil, with wall-unit cooling. Public water and sewer serve the property.
Key Highlights
- 5,568‑square‑foot building on 0.85 acres
- Manufacturing area, production room, storage, and reception‑area offices
- Oversized garage door accommodates two large commercial trucks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,798
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,960
$656.0K
Cap Rate 7%
$468,543
$468.5K
Cap Rate 9%
$364,422
$364.4K
Market Conditions
NOI Build-Up for 5,568 SF
Gross rent
$50.1K $9.00/SF
− Vacancy
−$3.3K −$0.59/SF
EGI
$46.9K $8.42/SF
− OpEx
−$14.1K −$2.52/SF
NOI
$32.8K $5.89/SF
Area
Penobscot County, ME
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,960
Cap Rate 7%
$468,543
Cap Rate 9%
$364,422
Alternative Uses
Best Use
Industrial
$468.5K
$410.0K – $546.6K
NOI $32,798 @ 7.0% cap · market cap 6.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.80M
$1.57M – $2.10M
NOI $125,881 @ 7.0% cap · market cap 23.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
193
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Production and office areas share a building equipped with an oversized garage door and an electronic message sign.
Where is this manufacturing property located?
The property is located at 1567 Hammond Street Bangor, ME.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 5,568‑square‑foot building on 0.85 acres; Manufacturing area, production room, storage, and reception‑area offices; Oversized garage door accommodates two large commercial trucks
