38 School Street,Bangor, ME 04401
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.
Details
| MLS # | 1662824 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 97 |
| Listing Provided By | CORE | Brady Saunders |
Features
| SQ Feet | 11,000 |
|---|---|
| Zoning | S&PS |
| Acreage | 0.84 |
Parking
| Parking Features | 21+ Spaces, On Site |
|---|
Taxes
| Tax Book Number | 17220 |
|---|---|
| Tax Lot | 25 |
| Tax Map Number | R41 |
Area Information
| State | ME |
|---|---|
| County | Penobscot |
| City | Bangor |
| Zip Code | 04401 |
| Area | Penobscot |
| Listing VS Median (in 04401) | |
Price: $1,675,000 low | high Med: $349,500 sqft: 11,000 low | high Med: 1,294 $ / sqft: $152 low | high Med: $272 On site: 97 low | high Med: 26 | |
Market Activity 04401
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Learn More About This Property
| State | ME |
|---|---|
| County | Penobscot |
| City | Bangor |
| Zip Code | 04401 |
| Area | Penobscot |
| Listing VS Median (in 04401) | |
Price: $1,675,000 low | high Med: $349,500 sqft: 11,000 low | high Med: 1,294 $ / sqft: $152 low | high Med: $272 On site: 97 low | high Med: 26 | |