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    663 Stillwater Ave Bangor, ME 04401

    For Lease
    Contact for pricing

    Prime Bangor location, flexible industrial space.

    Lot size:
    531,032 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional industrial property, located at 663 Stillwater Ave in Bangor, Maine, offers a significant opportunity for businesses seeking flexible space. The property, encompassing a total of 531,032 square feet, currently has 115,000 square feet available for sale or lease. The building, constructed in 1980, is situated on a substantial 78.18-acre lot and provides ample parking with 440 spaces. The property's zoning is currently NS - Neighborhood Service, however, a zone change is pending to allow for industrial uses, opening up a wider range of possibilities for potential tenants. This prime location offers excellent visibility from I-95, providing easy access for transportation and logistics. The property's versatility, encompassing flex, warehouse, and distribution space, caters to a diverse range of business needs. The available space ranges from 7,400 square feet to the entire 115,000 square feet, offering flexibility for businesses of various sizes. Its proximity to the University of Maine, just seven miles south, adds to its strategic appeal. This is a rare opportunity to acquire or lease a substantial industrial property in a thriving Maine location. The property is in Penobscot County, zip code 04401.

    Property Features for 663 Stillwater Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    531,032 SF

    Building Details

    Year Built
    1980

    Unit(s) available at that property

    Space
    Pad 4
    Size
    0 SF
    Space
    Pad 3
    Size
    0 SF
    Space
    Pad 2
    Size
    0 SF
    Space
    Available space
    Size
    115,000 SF
    Space
    Available
    Size
    92,355 SF
    Space
    Available space 2
    Size
    7,400 SF
    Space
    Available space 6
    Size
    0 SF
    Space
    Available Space 8
    Size
    13,462 SF

    HighLights

    • High‑traffic location with excellent visibility and convenient access.
    • Zoned for industrial and light manufacturing uses.
    • 115,000 square foot building with a 440‑space parking lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kay Jewelers Jewelry Designer Some Theatre Company Performing Arts Theater American Eagle Clothing Store Zumiez Shoe Store Hot Topic Clothing Store

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Dental Office Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bangor
    County
    Penobscot
    State
    Maine
    Longitude
    -68.7487125
    Latitude
    44.8299919

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    FAQs

    What type of property is this?
    Distribution property - Prime Bangor location, flexible industrial space.
    Where is this distribution property located?
    The property is located at 663 Stillwater Ave Bangor, ME.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility and convenient access.; Zoned for industrial and light manufacturing uses.; 115,000 square foot building with a 440-space parking lot.
    Request Owner's contact information
    663 Stillwater Ave Bangor, ME 04401
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    Bangor, ME 04401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    663 Stillwater Ave Bangor, ME 04401
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