Mixed-Use Brick Double
77 Broadway Bangor, ME 04401
New
For Sale
$649,900
COMMERCIAL - Bangor, ME
Property Size6,030 SF
Lot Size0.05 Acres
Price / SF$107.78
Days on Market6
Property Features for 77 Broadway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- M&SD
- Rooms
- Basement
- Basement
- Full
- Standard status
- Active
- Size
- 6,030 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 7626
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating), Other (Heating)
- Water source
- Public
Building Details
- Year built
- 1834
- Number of units
- 5
- Flooring type
- Carpet, Composition
- Building materials
- Masonry, Brick
- Roof type
- Shingle, Slate
Listing Agency:
Realty of Maine
(207) 942-6310
Listed By:
Kortnie Mullins
(207) 991-4924
Added: Jul 19
Last Checked: Jul 24 at 5:06AM
MLS# 1650302
Copyright © 2026 Maine Listings. 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 historic brick double house contains five units and offers a mixed-use layout with an office suite on the first floor and residential units on the upper floors. The first floor includes a commercial office suite with three large offices, including one space highlighted by an original fireplace. The second floor features a two-bedroom apartment with hardwood floors, a formal dining room with built-in cabinetry, and three fireplaces. The third floor provides two additional apartments, including a one-bedroom unit and an efficiency, both with hardwood floors. The fourth floor includes a cozy one-bedroom apartment with character. The property is serviced by a natural gas boiler installed in 2012.
The building is located on Bangor’s historic Broadway within walking distance to downtown Bangor and John Bapst, along with nearby shops, dining, and amenities.
In addition to the primary parcel, the sale includes a second parcel of land on Pine Street located a short walking distance away, which provides approximately 0.11 acres of additional parking.
The building is located on Bangor’s historic Broadway within walking distance to downtown Bangor and John Bapst, along with nearby shops, dining, and amenities.
In addition to the primary parcel, the sale includes a second parcel of land on Pine Street located a short walking distance away, which provides approximately 0.11 acres of additional parking.
Key Highlights
- 1834 brick double house with masonry construction and slate/shingle roof
- 5‑unit mixed‑use building: commercial office suite plus multiple residential apartments
- First floor includes a commercial office suite with three large offices and an original fireplace
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.7k | $16.20 |
| − Vacancy | −$5.3k | −$0.87 |
| EGI | $92.4k | $15.33 |
| − OpEx | −$41.6k | −$6.90 |
| NOI | $50.8k | $8.43 |
6,030 SF · lease $16.20/SF/yr · vacancy 5.40% · expense 45.00%
Alternative Uses
Best Use
Office B
$1.22M
$1.07M – $1.42M
NOI $85,241 @ 7.0% cap · market cap 13.12%
Second Best
Apartment 5plus
$726.1K
$635.3K – $847.1K
NOI $50,826 @ 7.0% cap · market cap 7.82%
Theoretical Best
Office A
$1.95M
$1.70M – $2.27M
NOI $136,326 @ 7.0% cap · market cap 20.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Contours
Hair Salon
Richard Mazzei Pa
Physician
FAQs
What type of property is this?
Live-work space - Historic five-unit property includes an on-site office suite and multiple apartments, heated by a natural gas boiler installed in 2012.
Where is this live-work space located?
The property is located at 77 Broadway Bangor, ME.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 1834 brick double house with masonry construction and slate/shingle roof; 5‑unit mixed‑use building: commercial office suite plus multiple residential apartments; First floor includes a commercial office suite with three large offices and an original fireplace
