For Sale
$1,150,000

133 Broadway Bangor, ME 04401

Prime location, high cash flow, ample space.

Overview

Added:
Feb 3
Days on market:
80
This exceptional mixed-use property at 133 Broadway in Bangor, Maine, presents a unique investment opportunity. The 7,422 square foot building boasts a rich history, beautifully preserved with original hardwood floors and woodwork. The property includes a former law office, readily available for use or lease, featuring multiple private offices, several conference rooms, and private bathrooms. A convenient private parking lot is also included on the 0.44-acre lot. Currently, the building generates six-figure annual cash flow from a combination of professional tenants and a licensed Airbnb apartment. Significant upside potential exists through the addition of further tenants. The building is equipped with a modern heating system, incorporating a new backup boiler and heat pumps throughout, ensuring efficient and reliable climate control. This meticulously maintained property offers a blend of historical charm and modern functionality, making it an ideal investment for discerning buyers seeking a strong return on investment in a desirable Maine location. The existing tenant base provides immediate income, while the ample space and versatile layout allow for expansion and customization to suit various business needs. This is a rare opportunity to acquire a substantial, income-producing property in the heart of Bangor.

Property Details for 133 Broadway

Property type
Mixed-use properties
Square Feet
7,422 SF
Year Built
1870
Lot Size (sq. ft)
19,166 SF

Location Insight

City
Bangor
County
Penobscot
State
Maine
Latitude
44.80688
Longitude
-68.76822

FAQs

What type of property is this?
Mixed-use property - Prime location, high cash flow, ample space.
Where is the mixed-use property located?
The property is located at 133 Broadway Bangor, ME.
What is the asking price?
The asking price for this property is $1,150,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
133 Broadway
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message