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Julia Martin

julia@gardnerregroup.com +1(207) 712-2759

Listed by Corey Dunn EXP Realty

$ 194,900

Est. payment -/mo

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115 Franklin ST #3 Bangor, ME 04401

2,060 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,060 sqft

Price per Sqft $94

MLS Listing ID 1687233

HOA Fees $503/mo

HOA Y/N Yes

Year Built 1983

Tax Year 2025

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Office

Source Maine Listings

Land Area 2060

Property Description

Exceptional opportunity to own a spacious, income-producing commercial office condominium in the heart of downtown Bangor! Located on the third floor of the historic 115 Franklin Street building, this approximately 2,060-square-foot suite offers an ideal combination of professional workspace, established rental income, and flexibility for future owner occupancy. The layout features seven private offices, all currently leased, providing immediate income for an investor or an opportunity for a business owner to occupy an office in the future while collecting rent from the others to help offset ownership expenses. Shared amenities include a spacious reception and waiting area, dedicated coffee bar and break area, restroom, and an impressive, fully furnished conference room ideal for client meetings and presentations. Furnishings may convey, offering a convenient turnkey opportunity.

Recent improvements include two brand-new, energy-efficient HVAC heat pump systems providing modern heating and cooling. Additional features include high ceilings, abundant natural light, security cameras, elevator access with direct entry into the suite, and a versatile floor plan suitable for a variety of professional uses. Part of the Franklin Street Condominium Association, the property enjoys a desirable downtown location surrounded by professional offices, restaurants, shops, and other amenities. Multiple nearby parking options provide convenience for tenants and visitors. Whether you're an investor seeking an established multi-tenant property or a professional looking to build equity while generating rental income, this versatile commercial condominium presents an outstanding opportunity in downtown Bangor. 34,800 GOI - 11,912 Expense. More photos available upon request. Broker owned.

Location

State ME

County Penobscot

Zoning Com

Rooms

Basement Full

Interior

Heating Electric, Forced Air, Heat Pump

Cooling Central Air, Heat Pump

Flooring Carpet, Concrete, Linoleum

Exterior

Parking Features 21+ Spaces, Other Parking, On Street, Off Street

Roof Type Flat,Rolled/Hot Mop

Building

Lot Description Bus Line, Business District, Historic District, Downtown, Near Shopping, Public Transport Access

Story 3

Foundation Block, Poured Concrete

Water Public

Others

Tax ID BANG-000041-000082-000115A-000003

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+1(207) 712-2759

julia@gardnerregroup.com

511 Congress St, Portland, ME 04101, USA

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