Downtown Office Investment
For Sale
Contact for pricing
157 Park St, Bangor, ME 04401
For-sale downtown Bangor office building with dedicated parking lot and substantial floor area for flexible tenant use.
Property Size18,272 SF
Lot Size0.65 Acres
Price / SF$71.15
Days on Market99
Property Features for 157 Park St
General Information
Standard status
Active
Size
18,272 SF
Lot size
0.65 Acres
Property subtype
OFFICE
Additional Details
Cap Rate
8.52%
Listing Agency:
Porta & Company
(207) 747-1515
Listed By:
Charles W. Day · License #BR913583
(207) 838-3335
Source:
Moodyscre
Added: Jun 4
Changed: Sep 9
Last Checked: Sep 9 at 6:19AM
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 Porta & Company
Investment Insights
Based on property information with market context.
Offered for sale as an office investment property, this building provides 18,272± RSF of office space along with a 0.65± acre lot and an on-site parking lot. The configuration supports a traditional office operating environment, with the overall size well-suited to both owner-occupiers and tenants needing meaningful contiguous work area.
Located in downtown Bangor at 157 Park St, the property benefits from a central setting and convenient access for office users. The included parking lot supports day-to-day operations, particularly for tenants and staff who rely on on-site vehicle access.
For buyers considering an income-oriented office asset, the building’s scale and parking amenities provide a practical foundation for office leasing and operations. For businesses evaluating space requirements, the offering presents a straightforward option for an office user looking for substantial office capacity paired with dedicated parking on the property.
Located in downtown Bangor at 157 Park St, the property benefits from a central setting and convenient access for office users. The included parking lot supports day-to-day operations, particularly for tenants and staff who rely on on-site vehicle access.
For buyers considering an income-oriented office asset, the building’s scale and parking amenities provide a practical foundation for office leasing and operations. For businesses evaluating space requirements, the offering presents a straightforward option for an office user looking for substantial office capacity paired with dedicated parking on the property.
Key Highlights
- Downtown Bangor office investment property: 18,272± RSF office building
- 0.65± acre lot with dedicated parking lot
- NOI of $110,793
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,182
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
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - For-sale downtown Bangor office building with dedicated parking lot and substantial floor area for flexible tenant use.
Where is this office building located?
The property is located at 157 Park St Bangor, ME.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Downtown Bangor office investment property: 18,272± RSF office building; 0.65± acre lot with dedicated parking lot; NOI of $110,793
