Manufacturing Building with Truck
New
For Sale
$535,000
1567 Hammond Street, Bangor, ME 04401
Bangor, ME
Property Size5,568 SF
Price / SF$96.08
Days on Market2
Property Features for 1567 Hammond Street
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
5,568 SF
Additional Details
Property Use
Manufacturing
Building Details
Year built
1955
Listing Agency:
Bangor, Maine · Better Homes and Gardens Real Estate
Listed By:
Ansley Moore
(207) 942-6711
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 6:06PM
MLS# 1685717
Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 5,568-square-foot manufacturing property includes production space, office areas, and a reception area. A large garage door accommodates two large commercial trucks, providing vehicle access to the building. The property was built in 1955 and features a pylon sign equipped with an electronic message center.
Key Highlights
- 5,568‑square‑foot manufacturing property
- Garage door sized for two large commercial trucks
- Production area with separate office and reception space
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 - A pylon sign with an electronic message center supports on-site business identification and advertising.
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 manufacturing property; Garage door sized for two large commercial trucks; Production area with separate office and reception space
