133 Broadway Bangor, ME 04401

Property Details for 133 Broadway

Year built

1870

Lot size

0.44 lot acres

Property size

7,422 SF

Zone code

M&SD

Property type

Office buildings

APN

BANG M:048 L:150

APU

BANGM048L150

Description

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.

Location Insight

City

Bangor

County

Penobscot

State

Maine

Longitude

-68.7681

Latitude

44.8068

CBSA code

12620

CBSA name

BANGOR, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments