123-127 Franklin Street, Bangor, ME 04401

$1,199,000

Property Type: Commercial Square Footage: 13,200 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $1,199,000 List Date: 3/11/2026 Last Modified: 6/08/2026

Overview

Description

Exceptional mixed-use investment opportunity in the heart of Downtown Bangor's Development District at 123 & 127 Franklin Street. This well-maintained property features four fully renovated residential apartments and a tavern/restaurant, generating a gross income of near $140,000. The second and third floors offer four versatile apartments with views of downtown Bangor and the nearby public library. Each unit features hardwood floors, large windows providing abundant natural light, and washer and dryer hookups. Renovated between 2015 and 2019, the apartments combine modern updates with classic downtown character. Apartment #1 - 3 Bed / 1 Bath | 800 SF. Apartment #2 - 2 Bed / 1 Bath | 900 SF. Apartment #3 - 3 Bed / 1 Bath / 1 Den | 1,000 SF. Apartment #4 - 3 Bed / 2 Bath / 1 Den | 1,000 SF. The commercial component includes a tavern/restaurant. The lower level is home to the established Benjamin's Pub, a well-known Bangor dining and nightlife destination. The first-floor restaurant ... (Read more)

Listing Details MLS# 1653941

Location Information

Street #: 123-127
Street Name: Franklin
Street Type: Street
County: Penobscot
Town: Bangor
State/Province: ME
Zip Code: 04401
Leased Land: No
Book: 13716
Page: 46-47
Map: 041
Lot: 081
Zoning: 24 Downtown Dev Dist
Zoning Overlay: No
Full Tax Amount $: 11923.27
Tax Year: 2026
Tree Growth Y/N: No
Association Y/N: No

Contract Information

Original List Price: 1239000

Property Information

Primary Use: Investment
Surveyed: Unknown
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: All
Year Built: 1912
Year Renovated +/-: 1973
Tenancy: Multiple Tenants
Leases: Yes
SqFt Finished Total: 13200
Lot Size Acres +/-: 0.12
Road Frontage +/-: 70

Commercial Bldg Information

Total Units: 4

Basement

Other Description: Benjamin's Downstairs Pub
Full: Yes
Other: Yes

Utilities

Utilities On: Yes

More Information

Location

Bus Line: Yes
Downtown: Yes
Near Shopping: Yes
Public Transport Access: Yes

Easement Remarks

Easement Remarks: See Deed

Property Uses

Bar/Tavern/Lounge: Yes
Other: Yes
Restaurant: Yes

Construction

Masonry: Yes

Foundation Materials

Poured Concrete: Yes

Exterior

Brick: Yes
Concrete: Yes

Roof

Membrane: Yes

Heat System

Baseboard: Yes
Forced Air: Yes

Heat Fuel

Gas Natural: Yes

Cooling

Central Air: Yes

Floors

Carpet: Yes
Hardwood: Yes
Tile: Yes

Parking

On Street: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Property Features

Location: Bus Line; Downtown; Near Shopping; Public Transport Access Construction: Masonry Property Uses: Bar/Tavern/Lounge; Other; Restaurant Basement: Full; Other Foundation Materials: Poured Concrete Exterior: Brick; Concrete Roof: Membrane Heat System: Baseboard; Forced Air Heat Fuel: Gas Natural Cooling: Central Air Floors: Carpet; Hardwood; Tile Parking: On Street Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

Updates, Renovations, & Details ›

Property Disclosure Public Access ›

Lead Paint Addendum Public Access ›

IDX

Listing Office: ERA Dawson-Bradford Co.

Last Updated: June - 08 - 2026

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