Commercial for Sale: 720 Broadway, Bangor, ME 04401

$3,299,000
$3,299,000
720 Broadway, Bangor, ME 04401
$3,299,000
Remove from
FavoritesAdd to
Favorites		 Add to
Trip Map		 Hide Share or
Email		 Virtual Tour
Floor Plans
Price:
$3,299,000
Est. payment: Skip to Mortgage Calculator

Get Pre-Approved

Type Commercial
Square Feet 17,800 sqft
Lot Size 1.89 acres
Year Built 1984
Taxes Paid $32,140
City Bangor
County Penobscot
MLS 1612720
Status Active
DOM 1 days
100% leased multi-tenanted building located on busy Broadway. Tenants include Advance Auto, Subway, Pine State Nutrition, Game Citadel and Marijuanaville. Main building is a 16,000/sf steel frame .is an addition which is a wood frame structure on a concrete slab with pre-engineered roof structure finished with an asphalt shingle roof. Some of the rents being charged are below market rates. NOI can easily be increased over the next five years with lease renewals increasing NOI. Owner has completely renovated and updated building and property. Building is fully sprinklered. Each unit has its own HVAC units. All units have been updated within the past two years or so. Building and property have both been well maintained. Cross easement to and from Walgreens Pharmacy. Neighboring tenants include Walgreens Pharmacy, Hannaford Supermarket, T.J. Maxx, U.S. Cellular and Katahdin Trust. This is truly an opportunity for an investor looking for tax benefits and growth in income. Location is phenomenal with high traffic visibility.

Room Features

Basement Description None

Virtual Tours for 720 Broadway

Lot & Building Features

Cooling Central Air
Tax Year 2024
Taxes Paid $32,140

Price History of 720 Broadway

Date Name Price Difference
01/17/2025 Listing Price $3,299,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Open new tab for directions to this property
Map of 720 Broadway, Bangor, ME

Location Map Street View

Inquire about this property

Photo of Lynne Joseph
Direct: 603-566-5539
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by SVN The Masiello Group, Douglas Erickson 207-596-6095
$
20%
0.97423461655047%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Browse By Area

720 Broadway (MLS #1612720) is a commercial listing located in Bangor, ME. This commercial listing is 17,800 sqft and on a lot of 82,328 sqft (or 1.89 acres) and is 41 years old. This property was listed on 01/17/2025 and has been priced for sale at $3,299,000.

Nearby zip codes are 04412, 04444, 04462, 04473 and 04474. This property neighbors other cities such as Brewer, Glenburn, Hampden, Orono and Veazie.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: SVN The Masiello Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2025 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.