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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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158 Main St , Bangor, ME 04401
$2,700,000
Est. Payment: $6,000.00/mo
0 Bed
0 Bath
22000 Sqft
Status: Active | Days on site: 53
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House Description

A once in a generation opportunity to own one of Bangor's most iconic landmarks. After more than 60 years of ownership by the renowned Brountas family, the historic McGuire Building is ready for its next chapter. Offering an impressive aprox. 22,000 square feet across four floors, this mixed use commercial property sits in the heart of downtown Bangor with outstanding visibility and exposure to more than 30,000 vehicles daily. Rich in history and opportunity, the building is home to the iconic Tavern, a well established dance and ballet studio, and six one bedroom apartments with two shared bathrooms that were previously operated as a rooming house. Adding to its unmistakable presence are two of Bangor's most recognizable landmarks, the famous downtown mural, the iconic HOPEFUL sign and a view of the Penobscot River, making this a destination recognized by generations of locals and visitors alike. Located within Bangor's Downtown Development District, this property offers incredible redevelopment potential. Whether your vision includes a boutique hotel, restaurant, entertainment venue, mixed use commercial and residential development, professional offices, retail, financial institution, health care facility, or another investment opportunity, the location and flexibility are second to none. The McGuire Building has been a cornerstone of downtown Bangor for generations. Now, this historic property is ready for its next owner to preserve its legacy while creating something extraordinary. Opportunities to own a landmark of this caliber are exceptionally rare. Location, history, visibility, and endless potential all come together at 158 Main Street.

Highlights

Listed by Estrella Ruiz , 207-249-6214 and Christopher Pepin , 207-355-5333 CENTURY 21 Queen City Real Estate , 207-942-4618.

Property Type

Commercial Sale

Lot/Acreage
0.3

Year Built

1900

County

Penobscot

Listing ID

1669296

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Floor:Concrete,Vinyl,Wood,Ceramic Tile,Linoleum
Basement:Finished,Unfinished,Brick/Mortar
Water:Public

Exterior Features

Lot:Bus Line,Downtown,Near Shopping,Near Turnpike/Interstate,Retail Strip,Public Transport Access,Near Airport,Water View
Zoning:Downtown Development
Roof:Flat,Pitched
Sewer:Public Sewer
Parking Features:21+ Spaces,Off Street
Principal Interest
$6,000
Taxes
$747

Home Price

$2,700,000

Loan Details

30 yrs
%

Down Payment

20%
$540,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,000.00 $746.75 $0.00 $6,746.75
Yearly $72,000.00 $8,961.00 $0.00 $80,961.00
Total $2,160,000.00 $268,830.00 $0.00 $2,428,830.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Bangor, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.