1009 Ohio StBangor, ME 04401

Property Details for 1009 Ohio St

Year built

1983

Lot size

0.60 AC

Property size (Sq ft)

1,510 SF

Zone code

NSD

Property type

Retail space

APN

BANG M:R23 L:013-B

APU

BANGMR23L013B

Description

This exceptional commercial property at 1009 Ohio Street in Bangor, Maine, presents a fantastic opportunity for businesses seeking high visibility and convenient access. Boasting 1,510 square feet of single-level space, this building eliminates the challenges of multi-level operations, ensuring ease of access for customers and employees alike. Its strategic location guarantees high traffic volume, maximizing exposure for your business. The property sits on a sizable 0.6-acre lot, providing ample paved parking for both customers and staff. The building itself is significantly newer than many of Bangor's older commercial structures, offering a modern and well-maintained space ready for immediate occupancy. Previously a long-term hair salon and more recently utilized as a Boys/Girls club building, this open-concept design offers exceptional versatility. Whether you're launching a new venture or expanding an existing business, this property's prime location and functional layout provide an ideal platform for success. Don't miss this chance to secure a highly desirable commercial space in a thriving Bangor location. Act quickly, as this opportunity is unlikely to remain available for long.

• CAP approach

  CAP return

  Valuation

  6%

  $366,983

  6.5%

  $338,753

  7%

  $314,557

• Comparable approach

  Method

  Valuation

  Relative Method

  $497,187

  Geo Method

  $497,187

• Alternative Use

  Use

  Valuation

  Residential

  $285,751

  Hospitality

  $261,746

  Educational

  $217,770

  Medical

  $225,259

  Retail

  $338,753

Location Insight

City

Bangor

County

Penobscot

State

Maine

Latitude

44.8241

Longitude

-68.8081

CBSA code

12620

CBSA name

BANGOR, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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Please email our support team at [email protected] and they will add the team member.

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