The Lofts are a well-maintained, 12-unit mixed-use property, occupying one wing of the historic Freese's Building in downtown Bangor. The building is comprised of 10 market-rate residential apartments and 2 ground-floor commercial suites, condominiumized alongside Freese's Assisted Living and the Maine Discovery (Children's) Museum. Ownership recently completed a significant capital program ? new HVAC, domestic hot water systems, and unit-level electrical metering ? positioning the asset for a utility-recovery (RUBS) program and reduced near-term capex risk.
Listed By
Agency Name: The Dunham Group
Agent Name: Sylas Hatch
Agency Phone: 207-773-7100
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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74 Main Street | MLS# 1684829
This commercial property located at 74 Main Street, Bangor, ME 04401 is currently listed for sale with an asking price of $2,195,000. Search Bangor real estate on www.masiellogrouprealestate.com today.