Bangor, ME 04401 44 Center Street
$254,900
31 more
Presented By: NextHome Experience;
Home Details
Investor Opportunity: Multi-Use Commercial Property with High ROI Potential
Unlock the potential of this versatile property, perfectly tailored for an investor seeking a prime location with flexible use options. This three-story building offers endless possibilities, including:
Residential units
Daycare center
Home office or professional suites
Community living
Accounting firm
Yoga services
Massage therapy
Nursing home
Boarding house
Hosted or non-hosted short-term rentals
Retail or office space, such as a bookstore
Property Highlights:
Floor Plan: Three levels, including a first-floor full bath, second-floor half bath, and an 18'x26' attic space with pine flooring, ready for finishing. Hardwood and vinyl flooring on the first and second levels, with carpet upstairs.
Parking: Newly paved parking lot (2022) for at least nine vehicles, offering convenience for tenants or business clients.
Prime Location: Situated on the city bus route, this property is close to shopping, downtown, restaurants, and pubs. It's just 10 minutes from the airport and five minutes from hospitals, ensuring tenant and customer accessibility.
Recent Upgrades:
New roof shingles (2015)
Boiler replacement (2015)
Foundation repairs (2020)
Asbestos removal from the basement (2020)
Baseboard heat added to the first-floor bath (2023)
All major systems have been updated, allowing you to focus on creating cash flow. Whether you envision multiple rental units, a profitable short-term rental property, or a combination of uses, this building is a blank canvas for your investment strategy.
Why Wait?
The groundwork is laid, and the opportunities are endless. Schedule a tour today to see how this property can become a cornerstone of your portfolio.
Presented By: NextHome Experience;
Interior Features for 44 Center Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
BasementFull, Unfinished
Basement (Y/N)No
FlooringWood, Vinyl
Heating Y/NYes
General for 44 Center Street
AccessibilityAccessible Approach with Ramp
Additional Parcels Y/NNo
Business TypeChurch, Commercial, Office Building, Child Care, Bed and Breakfast
Carport Y/NNo
CityBangor
Construction MaterialsVinyl Siding, Wood Frame
CoolingNone
CountyPenobscot
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingMulti-Zones, Hot Water, Baseboard
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet7840.8
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Property SubtypeMixed Use
Property TypeCommercial Sale
Rent Control Y/NNo
RoofComposition, Pitched, Shingle
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount3817.0
Tax Lot100
Tax Year2023
Virtual TourClick here
Waterfront FeaturesRiver
Waterfront Y/NNo
Year Built1912
ZoningURD-2
Exterior for 44 Center Street
Building Area Total2630.0
Crops Included Y/NNo
Foundation DetailsStone, Brick/Mortar
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesPublic Transport Access, Near Turnpike/Interstate, Near Airport, Business District, Near Shopping
Lot Size Acres0.18
Lot Size Area0.18
Open Parking Y/NNo
Other EquipmentInternet Access Available
Parking Features5 - 10 Spaces, On Site, Paved
Water SourcePublic
Additional Details
Price History
Mason Dupuis
Associate Broker