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Adam Dow

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

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38 School St , Bangor, ME 04401
$1,675,000
Est. Payment: $3,722.22/mo
0 Bed
0 Bath
11000 Sqft
Status: Active Under Contract | Days on site: 97
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3077 - 024775
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by Brady Saunders , 207-774-4308 CORE , 207-210-5677.

Property Type

Commercial Sale
Lot/Acreage
0.84

County

Penobscot

Listing ID

1662824

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Lot:Near Shopping,Near Turnpike/Interstate,Retail Strip
Zoning:S&PS
Parking Features:21+ Spaces,On Site
Principal Interest
$3,722
Taxes
$1,068

Home Price

$1,675,000

Loan Details

30 yrs
%

Down Payment

20%
$335,000
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:
$3,722.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,722.22 $1,067.81 $0.00 $4,790.03
Yearly $44,666.67 $12,813.75 $0.00 $57,480.42
Total $1,340,000.00 $384,412.50 $0.00 $1,724,412.50

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.