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Property profile & analytics

97 Allen St Bangor, ME 04401

  • Office buildings
  • 1,590 SF
  • 0.23 lot acres
Value Estimation
Last Sale
Jul 10, 2025
$250,000
Location Intelligence
Property ID
US42-0012010
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.

Current Use by Public Records

  • Office buildings

Property Details for 97 Allen St

Year built
1936
Lot size
0.23 lot acres
Property size
1,590 SF
Zone code
NSD
Property type
Office buildings
APN
BANG M:012 L:039
APU
BANGM012L039

Description

This exceptional commercial office building, located at 97 Allen Street in Bangor, Maine, presents a unique opportunity for businesses seeking a move-in ready space. The 1,365 square foot building sits on a 0.23-acre lot and underwent a complete remodel in 2019. The interior boasts five private offices, a versatile conference/break room ideal for collaborative work or client meetings, and a welcoming waiting area for visitors. A full basement provides ample space for utilities and storage. The building's infrastructure is modern and efficient, featuring a recently installed central heating and air conditioning unit, ensuring year-round comfort. All electrical systems were updated during the 2019 renovation, providing peace of mind and energy efficiency. Utilities are serviced by public water and sewer, with natural gas heating. A significant advantage is the expansive paved parking area, offering convenient parking for staff and clients. This turnkey property eliminates the need for extensive renovations or upgrades, allowing businesses to focus on their operations immediately. The prime Bangor location ensures high visibility and accessibility. This is an exceptional opportunity to acquire a fully renovated, well-maintained commercial office building in a desirable location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $295,000
  • CAP approach

    CAP return
    Estimation
    6%
    $335,000
    6.5%
    $375,000
    7%
    $375,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $360,000
    Geo Method
    $375,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $380,000
    Retail
    $375,000
    Mixed-Use
    $330,000
    Hospitality
    $400,000
    Educational
    $320,000
    Residential Income
    $350,000
    Energy
    $310,000
    Income-Based Land
    $350,000
    Food Service
    $340,000

Location Insight

  • Map
  • Local Demand
City
Bangor
County
Penobscot
State
Maine
Longitude
-68.7957
Latitude
44.8018
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
$3,418
$43,400
$135,100
$178,500
-
$0.00
$0.00
$0.00
More about this property
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