Financial
Distress signals
Property profile

74 Hammond St 1 Bangor, ME 04401

OFF-MARKET
Other office properties
Property ID
US42-0700084
9,327 SF Built 1892
Last sale Nov 2017
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial condominium is located in downtown Bangor, Maine, occupying the entire third floor of a historic heritage building. The unit provides approximately 3,444 square feet of interior space arranged as twelve rooms with large windows for natural light, along with fireplaces, decorative woodwork, and high ceilings. Historic features include a bank vault, and the space includes ample storage and modern conveniences. The third floor configuration includes multiple business suites within

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$6k
Tax billed · 2023
Assessed value$324k
Assessed land$25k
Assessed improvement$299k
Effective rate1.97%

Value estimate

· Sep 2026
$360k
$324k – $396k
AI approach$350k

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: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.1
Watch Repair Shop8.8
Dry Cleaner8.5

Location

74 Hammond St, Unit 1 Bangor, ME 04401-5029
County assessor Recorded deeds · 1 transfer Qualifying 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
68 Mt Hope, Bangor, ME 04401-4096 $1,050,000 Oct 2024 11,076 SF
1380 Hammond, Bangor, ME 04401-5710 $600,000 Oct 2024 6,452 SF
175 Un, Bangor, ME 04401-6116 $375,000 Sep 2024 5,586 SF
8 Harlow, Bangor, ME 04401-5102 $100,000 Jan 2024 12,468 SF
81 Main, Bangor, ME 04401-6259 $378,600 Nov 2023 15,792 SF
51 Broadway, Bangor, ME 04401 $430,000 Sep 2023 11,235 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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