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Property profile & analytics
FOR LEASE
Office buildings

80 Exchange St Bangor, ME 04401

117,500 SF 1.2 ac lot Built 1976
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US42-0008228
Property summary
AI-generated overview

This exceptional Class A office building, located at 80 Exchange Street in Bangor, Maine, offers a variety of flexible office spaces for lease. The property, situated on 1.2 acres, boasts a total of 88,478 square feet, with available suites ranging from a minimum of 782 square feet to a maximum contiguous space of 11,706 square feet. Currently, 24,699 square feet are vacant and ready for immediate occupancy. Originally constructed in 1973, the building underwent significant renovations in 2019, ensuring modern amenities and a professional environment. Its prime downtown location offers unparalleled convenience, being adjacent to the Penobscot County Judicial Center and within easy walking distance of numerous downtown amenities. The building's strategic location also provides convenient access to Interstates 95 and 395, enhancing accessibility for employees and clients. This multi-tenant building presents a unique opportunity for businesses seeking high-quality office space in the heart of Bangor. The property is ideal for both traditional and creative office uses. Contact us today to learn more about leasing opportunities and explore how this exceptional space can meet your business needs.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1976
Total area 117,500 SF
Lot 1.2 ac (52,272 SF)
Zoning code DDD
APN BANG M:042 L:231
UPID US42-0008228
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • FedEx Drop Box Postal Service Courier Service
  • Maine Network For Health Social Service Agency Charitable Organization
  • Camden National Bank Bank Loan Service
  • Queen City Corporate Office
  • Queen City Foundation Repair Co Building Supply Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.44M
Blend (final) Blend
$4.22M
Owner & transaction history
Dead Rvr 80 Exchange LLC · 14 yrs held
Dead Rvr 80 Exchange LLC
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
DDD · Bangor, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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