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    Bangor, ME
    Senior Housing

    Bangor, ME Senior Housing / Retirement Homes for Sale

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    Glenburn, ME Brewer, ME Hampden, ME Orrington, ME Harmony, ME Haynesville, ME Hermon, ME Clifton, ME
    Adaptive Reuse Senior Housing Building
    Updated: May 30
    Adaptive Reuse Senior Housing Building

    28 Merchants Plaza, Bangor, ME 04401

    Contact for pricing
    Adaptive reuse of historic downtown Freese’s Department Store originally founded in 1892
    Mixed‑use redevelopment includes 10 market‑rate apartments, 34 elderly housing units, and 39 assisted living units
    Includes space occupied by the Maine Discovery Museum as a cultural/community use
    Redeveloped after years of partial vacancy to add commercial space along with residential and senior‑focused housing
    Freese’s closed in 1985; building later transformed into a downtown mixed‑use asset
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Bangor, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    25-Bed Assisted Living Facility
    25-Bed Assisted Living Facility

    306 W Main Street, Pen Argyl, PA 18072

    $700,000
    10,600 sqft 0.62 AC lot

    Updated personal care property with furnished rooms, shared amenities, and an operating commercial kitchen.

    View details
    Former Nursing Home, 40 Rooms
    Former Nursing Home, 40 Rooms

    1123 Rockdale Ave, New Bedford, MA 02740

    $2,500,000
    28,614 sqft 1.21 AC lot

    The former care facility offers a flexible layout in a residential setting near schools and essential services.

    View details
    Former Nursing Home with 40 Rooms
    Former Nursing Home with 40 Rooms

    1123 Rockdale Ave, New Bedford, MA 02740

    $2,500,000
    28,614 sqft

    Former nursing home in a residential neighborhood near schools and essential services.

    View details
    Assisted Living Facility with Commercial Kitchen
    Assisted Living Facility with Commercial Kitchen

    306 W Main St, Pen Argyl, PA 18072

    Contact for pricing
    10,600 sqft 0.63 AC lot

    Recently updated former hospital building with resident rooms, dining areas, sitting rooms, and operational infrastructure already in place.

    View details

    Bangor, ME Senior Housing / Retirement Homes Market Trends and Statistics

    Explore 1 senior housing / retirement homes for sale in Bangor, ME on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Assisted living facilities 1

    Demographics Overview

    Population 44K
    Population Growth (5Y) -0.4%
    Median Household Income $66,136
    College Educated 25.7%

    Taxes & Financing

    Tax Rate (average for all types) 1.91%
    Property Tax per SF $28.05 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Penobscot County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Penobscot County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Bangor fall within the 25,000 to 50,000 square foot range.

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    Featured Bangor Real Estate Agencies

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    Realty of Maine
    458 Main Street Bangor, ME 04401
    Phone: 12079426310
    www.realtyofmaine.com

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