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Property profile & analytics
OFF-MARKET
Office buildings

133 Broadway Bangor, ME 04401-5205

7,422 SF 0.44 ac lot Built 1870
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US42-0011161
Property summary
AI-generated overview

This exceptional mixed-use property at 133 Broadway in Bangor, Maine, presents a unique investment opportunity. The 7,422 square foot building boasts a rich history, beautifully preserved with original hardwood floors and woodwork. The property includes a former law office, readily available for use or lease, featuring multiple private offices, several conference rooms, and private bathrooms. A convenient private parking lot is also included on the 0.44-acre lot. Currently, the building generates six-figure annual cash flow from a combination of professional tenants and a licensed Airbnb apartment. Significant upside potential exists through the addition of further tenants. The building is equipped with a modern heating system, incorporating a new backup boiler and heat pumps throughout, ensuring efficient and reliable climate control. This meticulously maintained property offers a blend of historical charm and modern functionality, making it an ideal investment for discerning buyers seeking a strong return on investment in a desirable Maine location. The existing tenant base provides immediate income, while the ample space and versatile layout allow for expansion and customization to suit various business needs. This is a rare opportunity to acquire a substantial, income-producing property in the heart of Bangor.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1870
Total area 7,422 SF
Lot 0.44 ac (19,166 SF)
Zoning code M&SD
APN BANG M:048 L:150
UPID US42-0011161
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Russell & Silver Law Firm
  • Blackwell Steven T Law Firm
  • Weatherbee & Burlock Law Firm Insurance Agency
  • Lanham Blackwell & Baber, P.A. Law Firm
  • Evergreen Title Co Title Company Attorney
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Delaney Properties LLC · 4 yrs held
Delaney Properties LLC
since 2022
7 recorded transactions
2024
Price N/A
2022
Price N/A
2021
Price N/A
2021
Price N/A
2017
Price N/A
2010
Price N/A
2005
Price N/A
Zoning & alternative use
M&SD · Bangor, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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