38 School Street Bangor, ME

$1,675,000
Square Footage 11,000
Acres 0.84
Photo of 38 School Street Bangor ME 04401




Description

A prime investment opportunity located less than half a mile from I-95 (Exit 185) in one of Bangor's most active retail corridors. The property sits just off Broadway, surrounded by major national tenants including Hannaford, Planet Fitness, HomeGoods, TJ Maxx, and Starbucks. The 11,000± SF single-story steel-frame structure, formerly a retail/industrial facility, has completed a full interior renovation to accommodate Fedcap's office operations. The improvements include upgraded building systems, ADA compliance, and high-efficiency natural gas HVAC. With excellent visibility, ample on-site parking, and immediate proximity to Bangor's primary commercial arterials, 38 School Street offers investors a stabilized, long-term leased asset in a thriving submarket characterized by limited office supply and strong tenant demand.


Listed by CORE, Brady Saunders 207-210-5677

Details

MLS 1662824
Status Active
Price $1,675,000
DOM 81 days
Type Commercial
Square Feet 11,000 sqft
Lot Size 0.84 acres

Lot & Building Features

Parking Description 21+ Spaces, On Site

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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