For Sale
$254,900

44 Center Street Ave Bangor, ME 04401

High-ROI potential, versatile property. Prime Bangor location.

Overview

Added:
Feb 3
Days on market:
80
This three-story, 2,630 square foot mixed-use building in Bangor, ME, presents a compelling investment opportunity. Located on a 0.18-acre lot on Center Street, this property boasts a newly paved (2022) parking lot accommodating at least nine vehicles. The building's prime location is convenient to shopping, downtown, restaurants, pubs, the airport (10 minutes), and hospitals (5 minutes), and sits directly on the city bus route. The interior features hardwood and vinyl flooring on the first and second floors, with carpeted upper levels. The floor plan includes a full bath on the first floor, a half bath on the second, and an unfinished 18'x26' attic space with pine flooring, offering significant expansion potential. Recent upgrades include a new roof (2015), boiler replacement (2015), foundation repairs (2020), asbestos removal (2020), and the addition of baseboard heat to the first-floor bath (2023). All major systems are updated, minimizing maintenance concerns. The flexible floor plan allows for diverse uses, including residential units, daycare, office suites, retail space, or a combination thereof. This property offers significant upside for an investor seeking a strong cash flow opportunity in a desirable location. The groundwork is complete

Property Details for 44 Center Street Ave

Property type
Mixed-use properties
Square Feet
2,630 SF
Year Built
1912
Lot Size (sq. ft)
7,841 SF

Location Insight

City
Bangor
County
Penobscot
State
Maine
Latitude
44.80476
Longitude
-68.77099

FAQs

What type of property is this?
Mixed-use property - High-ROI potential, versatile property. Prime Bangor location.
Where is the mixed-use property located?
The property is located at 44 Center Street Ave Bangor, ME.
What is the asking price?
The asking price for this property is $254,900.
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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44 Center Street Ave
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