38 School Street Bangor, ME
$1,675,000
Square Footage 11,000
Acres 0.84
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
$
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.

