For Sale
$1,900,000

586 Main St Bangor, ME 04401

High-traffic location, income-producing tenants.

Overview

Added:
Feb 3
Days on market:
81
This exceptional 28,756 square foot commercial building at 586 Main Street, Bangor, ME, presents a unique investment opportunity. Strategically situated adjacent to the I-395 interchange, this property boasts unparalleled visibility and accessibility, making it ideal for a variety of commercial uses. Formerly the Anah Temple Shrine Building, the structure has undergone significant improvements, ensuring modern functionality and appeal. The building's substantial size is well-suited for a large retailer, distribution center, or warehouse operation. Currently, two tenants occupy approximately 14,000 square feet, generating rental income that helps offset operating expenses for the remaining space. This provides a strong foundation for a new owner, mitigating initial investment risk. The property sits on a 0.9-acre lot, offering ample space for expansion or outdoor activities. The asking price is $1,900,000, and owner financing may be available. This is a rare chance to acquire a high-profile commercial property in a thriving Maine location with significant income potential. Don't miss this opportunity to secure a prime piece of Bangor real estate.

Property Details for 586 Main St

Property type
Commercial real estate
Square Feet
28,756 SF
Year Built
1928
Lot Size (sq. ft)
39,204 SF

Location Insight

City
Bangor
County
Penobscot
State
Maine
Latitude
44.78611
Longitude
-68.77875

FAQs

What type of property is this?
Commercial real estate - High-traffic location, income-producing tenants.
Where is the commercial real estate located?
The property is located at 586 Main St Bangor, ME.
What is the asking price?
The asking price for this property is $1,900,000.
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.
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586 Main St
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