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Mixed-Use Property with Apartment
For Sale
$225,000

163 State Street, Bangor, ME 04401

Bangor, ME

Property Size3,010 SF
Price / SF$74.75
Days on Market68

Property Features for 163 State Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Size 3,010 SF

Amenities

off-street parking

Building Details

Year built 1880
Listing Agency: Belfast, Maine · Better Homes and Gardens Real Estate
Listed By: Michelle Ridley · License #917546
Added: Aug 3 Changed: Sep 16 Last Checked: Oct 9 at 2:06PM
MLS# 1632685

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.

Investment Insights

Based on property information with market context.

This 3,010-square-foot mixed-use building combines commercial space with a two-bedroom apartment on the upper level. The property was built in 1880 and previously operated as a sandwich shop, providing an established commercial layout alongside residential space.

Positioned on State Street in Bangor, the building offers off-street parking and direct street access. The existing configuration supports a range of commercial uses while providing an upper-level residential component for occupancy or rental use.

Key Highlights

  • 3,010‑square‑foot mixed‑use building
  • Upper level includes a 2‑bedroom apartment
  • Former sandwich shop use

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Carpet & Flooring Store Catering Service Pet Store & Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,373
Businesses Nearby
35k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Irving Oil Shops & Services
11,804 visits/mo 0.5 miles
Circle K Shops & Services
7,874 visits/mo 0.5 miles
Dollar General Shops & Services
6,268 visits/mo 0.2 miles
Family Dollar Shops & Services
4,938 visits/mo 0.2 miles
TD Bank Shops & Services
2,813 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes a two-bedroom upper-level apartment and off-street parking.
Where is this mixed-use property located?
The property is located at 163 State Street Bangor, ME.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 3,010‑square‑foot mixed‑use building; Upper level includes a 2‑bedroom apartment; Former sandwich shop use
More about this property
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