72-74 Third Street, Bangor, ME 04401

$1,279,900
Property Type: Commercial Square Footage: 12,418 Lot Size (sq. ft.): 9,148 Status: Active
Current Price: $1,279,900 List Date: 6/15/2026 Last Modified: 6/15/2026

Overview

Description

A rare and impressive opportunity to own an 8-unit multi-family in the historic heart of Bangor, offering strong upside for either an investor or future owner-occupant. This stately brick property features a well-balanced unit mix — five 1-bedroom units, one 2-bedroom unit, and two expansive 3-bedroom penthouse-style apartments — providing excellent versatility and strong market demand across multiple rental demographics. Inside, the building showcases a thoughtful combination of preserved period details and modern enhancements. Original woodwork and architectural character remain intact, complemented by beautifully updated interiors. Each unit features granite-appointed kitchens with stainless-steel appliances, custom-tiled baths with quality finishes, solid oak flooring, and newer windows, creating a warm and refined living environment that sets the building apart from typical rental stock. Behind the scenes, all major building systems have been responsibly upgraded — including ...

Listing Details MLS# 1644945

Location Information

Street #
72-74
Street Name
Third
Street Type
Street
County
Penobscot
Town
Bangor
State/Province
ME
Zip Code
04401
Zip +4
6171
Leased Land
No
Book
17356
Page
004
Map
34
Lot
209
Zoning
14 Urban Res Dist 2
Zoning Overlay
Unknown
Full Tax Amount $
8080
Tax Year
2026
Tree Growth Y/N
No
Association Y/N
No

Contract Information

Original List Price
1289900

Property Information

Primary Use
Multi Family
Surveyed
No
Year Built
1880
Tenancy
Multiple Tenants
Leases
Yes
Total # Floors
3
SqFt Finished Total
12418
Lot Size Acres +/-
0.21
Road Frontage +/-
75

Commercial Bldg Information

Confidentiality Statement
No
Gross Income
137340
Operating Expenses
26864
Total Units
8

Utilities

Utilities On
Yes

Levels

Multi-Level
Yes

More Information

Location

Bus Line
Yes
Near Shopping
Yes
Near Turnpike/Interstate
Yes
Public Transport Access
Yes

Property Uses

Commercial
Yes

Construction

Stone
Yes
Wood Frame
Yes

Basement

Finished
Yes
Full
Yes
Walk-Out Access
Yes

Exterior

Brick
Yes

Roof

Fiberglass
Yes
Shingle
Yes
Tar/Gravel
Yes

Heat System

Baseboard
Yes
Heat Pump
Yes
Hot Water
Yes

Heat Fuel

Electric
Yes
Gas Natural
Yes

Cooling

Heat Pump
Yes

Floors

Tile
Yes
Vinyl
Yes
Wood
Yes

Parking

5 - 10 Spaces
Yes
Off Street
Yes
On Site
Yes

Electric

Circuit Breakers
Yes

Gas

Natural - At Street
Yes
Natural - On Site
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Property Features

Location: Bus Line; Near Shopping; Near Turnpike/Interstate; Public Transport Access Construction: Stone; Wood Frame Levels: Multi-Level Property Uses: Commercial Basement: Finished; Full; Walk-Out Access Exterior: Brick Roof: Fiberglass; Shingle; Tar/Gravel Heat System: Baseboard; Heat Pump; Hot Water Heat Fuel: Gas Natural Cooling: Heat Pump Floors: Tile; Vinyl; Wood Parking: 5 - 10 Spaces; Off Street; On Site Electric: Circuit Breakers Gas: Natural - At Street; Natural - On Site Sewer: Public Sewer Water: Public
IDX
Listing Office: Realty of Maine
Last Updated: June - 15 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.