97 Allen St Bangor, ME 04401-4551
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NSD · Bangor, MEBangor. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.