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    116 Bangor Mall Blvd Bangor, ME 04401

    Sponsored
    For Sale
    $2,600,000

    Prime Bangor storefront, 25,830 SF.

    Property size:
    25,830 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 25,830-square-foot retail storefront, located at 116 Bangor Mall Boulevard in Bangor, Maine, presents a unique investment opportunity. Currently housing a Books-A-Million, this building boasts a full kitchen/cafe and a second floor featuring a large atrium and elevator, providing two usable retail levels. Built in 1996, the property sits on a 2.94-acre lot and includes 156 parking spaces, ensuring ample customer convenience. Its strategic location offers high visibility from major thoroughfares like I-95, Stillwater Avenue, and Hogan Road. The property is zoned S&PS and SP, allowing for diverse uses beyond traditional retail, offering flexibility for future development. A loading dock is also available. The asking price is $2,600,000. The property will be available in March 2024. Please note that Books-A-Million is currently operating within the space

    Property Features for 116 Bangor Mall Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    25,830 SF
    Lot Size
    128,066 SF

    Building Details

    Year Built
    1996

    HighLights

    • Books‑A‑Million anchored retail building.
    • High‑profile Bangor retail location.
    • Zoning allows for diverse commercial uses.
    • Features a convenient loading dock.
    Property Profile Location Intelligence

    Current Use by Public Records

    1-800 Office Solutions Copier Repair Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bangor
    County
    Penobscot
    State
    Maine
    Longitude
    -68.746103
    Latitude
    44.8332021

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    FAQs

    What type of property is this?
    Individual retail property - Prime Bangor storefront, 25,830 SF.
    Where is this individual retail property located?
    The property is located at 116 Bangor Mall Blvd Bangor, ME.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: Books-A-Million anchored retail building.; High-profile Bangor retail location.; Zoning allows for diverse commercial uses.
    Request Owner's contact information
    116 Bangor Mall Blvd 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
    116 Bangor Mall Blvd Bangor, ME 04401
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