8, 23-25, 24, 26-28 & 34-36 Spring Street, Bangor, ME 04401

$1,450,000
Property Type: Commercial Square Footage: 15,420 Lot Size (sq. ft.): 38,333 Status: Closed
Current Price: $1,450,000 List Date: 5/04/2023 Last Modified: 1/14/2025

Overview

Description

Rare opportunity to own 27 profitable units! All on the same street.

Listing Details MLS# 1557856

Location Information

Street #
8, 23-25,
Street Name
24, 26-28 & 34-36 Spring
Street Type
Street
County
Penobscot
Town
Bangor
State/Province
ME
Zip Code
04401
Zip +4
5079
Leased Land
No
Book
15081
Page
048
Map
40,40,40, & 41
Lot
63,64,65, & 113
Zoning
Multi Fam & Serv
Full Tax Amount $
19396.32
Tax Year
2022
Association Y/N
No

Contract Information

Original List Price
1600000

Property Information

Primary Use
Multi Family
Surveyed
Unknown
Deed
All
Deed Restrictions
Unknown
Bank Owned REO
No
Year Built
1880
Tenancy
Multiple Tenants
Leases
Yes
SqFt Finished Total
15420
Lot Size Acres +/-
0.88

Status Change Info

Pending Date
2023-05-10
Closed Date
2023-07-14
Closed Price
1450000

Commercial Bldg Information

Gross Income
226511.32
Operating Expenses
86074.94
Total Units
27

Water Info

Water Frontage
No

More Information

Sold Info

Appraiser Email Address
kate@coremarketadvisors.com

Location

Near Airport
Yes
Near Shopping
Yes
Suburban
Yes

Property Uses

Other
Yes

Construction

Wood Frame
Yes

Roof

Flat
Yes
Membrane
Yes
Pitched
Yes
Shingle
Yes

Heat Fuel

Gas Natural
Yes

Parking

5 - 10 Spaces
Yes
21+ Spaces
Yes
On Site
Yes

Gas

Natural - On Site
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Property Features

Location: Near Airport; Near Shopping; Suburban Construction: Wood Frame Property Uses: Other Roof: Flat; Membrane; Pitched; Shingle Heat Fuel: Gas Natural Parking: 5 - 10 Spaces; 21+ Spaces; On Site Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: NextHome Experience
IDX
Last Updated: January - 14 - 2025
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