Multi-Tenant Retail
685 Broadway, Bangor, ME 04401
For Sale
New
Contact for pricing
Four tenants occupy the center, including medical care, banking, laser hair removal and coffee uses.
Property Size9,817 SF
Lot Size1.73 Acres
Price / SF$745.56
Days on Market7
Property Features for 685 Broadway
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Corner Location
Highway Access
Road Access
Additional Details
Tenant in Place
Building Details
Tenancy
Listing Agency:
Horvath & Tremblay
Listed By:
Bob Horvath · License CT #756500
(704) 409-2360
Source:
Crexi
Added: Nov 4
Changed: Nov 9
Last Checked: Nov 10 at 6:02AM
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 Horvath & Tremblay
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Investment Insights
Based on property information with market context.
This 9,817-square-foot retail center occupies a 1.73-acre corner parcel in Bangor. Its four tenants are ConvenientMD, Northeast Bank, Milan Laser Hair Removal and Starbucks. ConvenientMD and Milan each have more than five years remaining on their leases; Starbucks has eight years remaining, and Northeast Bank has a seven-year lease with rent anticipated to commence December 1. The tenant leases are net leases with scheduled increases during their primary terms and/or renewal options.
The property sits at the signal-controlled junction of School Street and Broadway (ME Route 15), across from Broadway Shopping Center, which is grocery-anchored. Husson University and St Joseph's Hospital are within 1 mile. Interstate 95 is 0.4 miles away, while Downtown Bangor and Bangor Mall are 1.75 miles and 2.5 miles away, respectively. Bangor International Airport is also 2.5 miles from the property.
The property sits at the signal-controlled junction of School Street and Broadway (ME Route 15), across from Broadway Shopping Center, which is grocery-anchored. Husson University and St Joseph's Hospital are within 1 mile. Interstate 95 is 0.4 miles away, while Downtown Bangor and Bangor Mall are 1.75 miles and 2.5 miles away, respectively. Bangor International Airport is also 2.5 miles from the property.
Key Highlights
- 9,817‑square‑foot retail center on a 1.73‑acre corner parcel
- Fully occupied by ConvenientMD, Northeast Bank, Milan Laser Hair Removal and Starbucks
- ConvenientMD and Milan each have 5+ years remaining; Starbucks has 8 years remaining
Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
143k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Groceries 26%
Shops & Services 23%
Home Improvements & Furnishings 4%
Hannaford
Groceries
36,715 visits/mo
0.2 miles
McDonald's
Dining
29,783 visits/mo
0.1 miles
Starbucks
Dining
14,792 visits/mo
0.1 miles
Circle K
Shops & Services
11,482 visits/mo
0.5 miles
SUBWAY
Dining
8,535 visits/mo
0.1 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
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Hannaford Bros, 653 Broadway, 653 Broadway, Bangor, ME 04401
- Broadway Shopping Center — 649 Broadway, Bangor, ME 04401
Frequently Asked Questions
What type of property is this?
Shopping center - Four tenants occupy the center, including medical care, banking, laser hair removal and coffee uses.
Where is this shopping center located?
The property is located at 685 Broadway Bangor, ME.
What is the asking price?
The asking price for this property is $7,319,187.
What are key features of this property?
This property features: 9,817‑square‑foot retail center on a 1.73‑acre corner parcel; Fully occupied by ConvenientMD, Northeast Bank, Milan Laser Hair Removal and Starbucks; ConvenientMD and Milan each have 5+ years remaining; Starbucks has 8 years remaining
