720 BroadwayBangor, ME 04401MLS Number 1612720

  • Price: $3,299,000
  • 94 Days on Market
PrintSave Favorite
$
$
%
$/month over payments
Federal 30-year interest rate: 6.83% last updated on Apr 17, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
720 Broadway Bangor ME 04401720 Broadway Bangor ME 04401720 Broadway Bangor ME 04401720 Broadway Bangor ME 04401720 Broadway Bangor ME 04401
QR Code
  • 17,800Square Feet
  • 1.89Acreage
  • 1984Year Built

Driving Directions

100% leased multi-tenanted building located on busy Broadway. Tenants include Advance Auto, Subway, Pine State Nutrition, Game Citadel and Marijuanaville. Main building is a 16,000/sf steel frame with an 1,800/sf addition which is a wood frame structure on a concrete slab with pre-engineered roof structure finished with an asphalt shingle roof. Some of the rents being charged are below market rates. NOI can easily be increased over the next five years with lease renewals increasing NOI. Owner has completely renovated and updated building and property. Building is fully sprinklered. Each unit has its own HVAC units. All units have been updated within the past two years or so. Building and property have both been well maintained. Cross easement to and from Walgreens Pharmacy. Neighboring tenants include Walgreens Pharmacy, Hannaford Supermarket, T.J. Maxx, U.S. Cellular and Katahdin Trust. This is truly an opportunity for an investor looking for tax benefits and growth in income. Location is phenomenal with high traffic visibility.
Listed by SVN The Masiello Group

Ask A Question

Do not fill in this field:

I agree to receive marketing and customer service calls and text messages from Compass Point Real Estate. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More Info

Basic Information

  • Property Uses Freestanding Building, Retail

Location

  • Address720 Broadway
  • Building Number720
  • CountyPenobscot
  • Latitude44.824868
  • Longitude-68.78158
  • StateME
  • StreetBroadway
  • TownBangor
  • Zip04401

Interior

  • Flooring Vinyl, Concrete

Exterior

  • Exterior Metal Clad
  • RoofMetal, Shingle

Property Information

  • Acreage1.89
  • Lot Features Near Turnpike/Interstate, Business District, Retail Strip
  • Lot Size Area 1
  • Lot Size Square Feet 82,328
  • Lot Size Units Acres
  • Square Feet17,800

Tax Information

  • Tax Book Number 8508
  • Tax Lot3-C
  • Tax Map Number R-41
  • Tax Year 2024
  • Taxes$32,140

Building

  • Building ConstructionMetal Clad, Steel Frame, Wood Frame
  • Building FeaturesSprinkler - Wet
  • Commercial Bldg Information Retail Sq Ft 17,100
  • Commercial Bldg Information Total Units 5
  • Commercial Bldg Information Traffic Count 25500
  • FoundationConcrete Perimeter, Slab
  • Year Built1984

Amenities

  • Cooling Central Air
  • Cooling YN Yes
  • Mls StatusActive
  • Other AmenitiesFireplace

Legal

  • ZoningS & PS

Other

  • Date Listed01/17/2025
  • View Count24

Parking

  • Parking Features 21+ Spaces, On Site, Paved

Basic Information

  • Agent ID001474
  • Broker ID3156
  • Broker NameSVN The Masiello Group
  • List Price$3,299,000
  • LocationTypeBusiness District, Near Turnpike/Interstate, Retail Strip
  • MLS Number1612720
  • Modification Date01/22/2025
  • Property SubTypeInvestment
  • Virtual TourView Tour

Utilities

  • Electric Circuit Breakers
  • Gas Natural - On Site
  • Heat SystemForced Air, Direct Vent Furnace
  • Heating FuelGas Natural
  • Heating YN Yes
  • Sewer Public Sewer
  • Water Source Public

Photos

  • Number of Photos5
Compass Point Real Estate

Your Local Office

More Info »
Compass Point Real Estate
Office: 207-374-5300
75 Main Street
PO Box 52
Blue Hill, ME 04614

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2025 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Compass Point Real Estate participates in ©2025 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

I agree to receive marketing and customer service calls and text messages from Compass Point Real Estate. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.