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Freestanding Office Building

700 Mount Hope Avenue #1, Bangor, ME 04401

For Sale
$795,000

Situated within Evergreen Woods, a professionally managed office condominium complex with medical, dental, legal, counseling, and primary care users.

Property Size9,928 SF
Price / SF$80.08
Days on Market847

Property Features for 700 Mount Hope Avenue #1

General Information

Standard status Active
Size 9,928 SF
Property subtype Commercial
Zoning 23 - Shop & Personal

Additional Details

Highway Access Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $18,773

Building Details

Building Size 9,928 SF
Year Built 1984
Year Renovated 2003
Buildings 1
Stories 2
Listing Agency: The Boulos Company
Listed By: Roy Donnelly · License ME BA927223
Source: Integrityhomesrealestategroup
Added: Jul 18, 2024 Changed: Nov 11 Last Checked: Nov 11 at 2:11AM

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 The Boulos Company

Rey
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Investment Insights

Based on property information with market context.

Built in 1984 and renovated in 2003, this freestanding office building is part of Evergreen Woods, a professionally managed office condominium complex. The property is classified under zoning designation 23 - Shop & Personal.

Evergreen Woods includes medical, dental, legal, counseling, and primary care users. The complex is one mile from I-95 at Exit 187.

Key Highlights

  • 1984 construction with renovation completed in 2003
  • Located within the professionally managed Evergreen Woods office condominium complex
  • Evergreen Woods includes medical, dental, legal, counseling, and primary care users

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Tyler Technologies (Bike/Boat/Book/etc) Store David Chase Law Law Firm Mac Donald William ... Law Firm Tensegrity Health & Aesthetics Medical Clinic Macdonald Chase & Dufour: ... Law Firm

Suggested Use

Top Pick Real Estate Agency Storage Facility Garden Center Building Supply Bakery Locksmith

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby

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
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Market

Average Price Trend$/SF for Office buildings in Bangor, ME

$141 Jul
$131 Aug
$131 Sep
$138 Oct

Properties on Market for Office buildings in Bangor

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Situated within Evergreen Woods, a professionally managed office condominium complex with medical, dental, legal, counseling, and primary care users.
Where is this office building located?
The property is located at 700 Mount Hope Avenue #1 Bangor, ME.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 1984 construction with renovation completed in 2003; Located within the professionally managed Evergreen Woods office condominium complex; Evergreen Woods includes medical, dental, legal, counseling, and primary care users
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