700 Mt Hope Ave, Unit 1 Bangor, ME 04401-5691
Property Lookup
Property profile & analytics
700 Mt Hope Ave, Unit 1 Bangor, ME 04401-5691
- Office properties & Spaces
- 8,920 SF
- 2.85 lot acres
Property ID
US42-0281457
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Tyler Technologies / (Bike/Boat/Book/etc) Store / Corporate Office
- David Chase Law / Law Firm
- Mac Donald William E / Law Firm
- Tensegrity Health & Aesthetics / Medical Clinic / Skin Care Clinic
- Macdonald Chase & Dufour: Holland Elaine M / Law Firm
Property Details for 700 Mt Hope Ave
- Year built
- 1984
- Lot size
- 2.85 lot acres
- Property size
- 8,920 SF
- Zone code
- S&PS
- Property type
- Office properties & Spaces
- APN
- BANG M:R70 L:015 U:700-1&2
- APU
- BANGMR70L015U70012
Description
This exceptional 9,928 square foot freestanding office building presents a unique investment opportunity in Bangor, Maine. Constructed in 1984 and renovated in 2003, the property boasts a substantial footprint situated on a generous 2.85-acre lot. The building is part of the professionally managed Evergreen Woods office condominium complex, ensuring a well-maintained and desirable environment. The complex enjoys a diverse tenant base, including medical, dental, legal, counseling, and primary care practices, creating a thriving and collaborative atmosphere. Its strategic location offers convenient access to major transportation arteries, being just one mile from Interstate 95 (exit 187), providing excellent accessibility for employees and clients alike. The building's 8,920 square feet of usable space offers ample room for a variety of business needs, making it an ideal location for established businesses seeking expansion or new ventures looking for a prestigious address. The property's size and location within a well-established office complex make it a highly attractive proposition for investors and businesses seeking a prominent presence in the Bangor area. This is a rare opportunity to acquire a substantial and well-maintained office building in a prime location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $480,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $782,000
- AI Estimate
- $840,000
Market price range: $356k - $1.11MMarket price range: $356k - $1.23M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $715,000 Current use
- COMMERCIAL (GENERAL)
- $990,000 Change: +39% Conversion: Easy
- RETAIL STORES
- $920,000 Change: +28% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bangor
- County
- Penobscot
- State
- Maine
- Longitude
- -68.7363
- Latitude
- 44.8269
- CBSA code
- 12620
- CBSA name
- BANGOR, ME METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,773
$300,200
$680,100
$980,300
-
$0.00
$0.00
$0.00
