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115 Franklin Street, Unit 3, Bangor, ME 04401

$194,900
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New to the Market Active
SQUARE FEET2,060 MLS#1687233
STATUSActive PROPERTY TYPECommercial - Business

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.

115 Franklin Street, Unit 3 | MLS# 1687233

This commercial property located at 115 Franklin Street, Unit 3, Bangor, ME 04401 is currently listed for sale with an asking price of $194,900. Search Bangor real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Basement: Full
Cooling: Central Air, Heat Pump
Heating: Electric, Forced Air, Heat Pump
Lot Size: 0.50 Acres
Roof Type: Flat, Rolled/Hot Mop
Taxes: $3,673
Year Built: 1983

Feature Descriptions

Association Fee: $503.88/Monthly
Electric: Circuit Breakers
Exterior: Masonry, Brick
Flooring: Carpet, Concrete, Linoleum
Foundation: Block, Poured Concrete
Lot: Bus Line, Business District, Historic District, Downtown, Near Shopping, Public Transport Access
Parking: 21+ Spaces, Other Parking, On Street, Off Street
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: EXP Realty
Agent Name: Corey Dunn
Agency Phone: 888-439-8743

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