Financial
Distress signals
Property profile

23 Water St Bangor, ME 04401

OFF-MARKET
Office buildings
Property ID
US42-0443245
77,656 SF 2.01 ac lot Built 1987
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A Class A, four-story office building located in downtown Bangor’s business district. The building features a glass lobby atrium and includes on-site parking. Available office suites provide flexible layout configurations and offer views of the Kenduskeag Stream, the Penobscot River, and Bangor’s Waterfront District. The property is configured with 2,415 square feet of office space.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$149k
Tax billed · 2023
Assessed value$7.57M
Assessed land$453k
Assessed improvement$7.12M
Effective rate1.97%

Value estimate

· Sep 2026
$4.60M
$4.14M – $5.06M
Sales comparison$6.04M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$40 – $125

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DDD
The Downtown Development District is established to accommodate those retail, service and office uses which are of City wide or regional ...
General categoryCIVIC_INSTITUTIONAL
JurisdictionBANGOR

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center11.5
Building Supply10.9
Auto Parts Store10.5

Location

23 Water St Bangor, ME 04401-6364
County assessor Recorded deeds · not on file Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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