133 Broadway Bangor, ME 04401-5205
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.
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Russell & Silver Law Firm
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Blackwell Steven T Law Firm
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Weatherbee & Burlock Law Firm Insurance Agency
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Lanham Blackwell & Baber, P.A. Law Firm
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Evergreen Title Co Title Company Attorney
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M&SD · Bangor, MECosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.