115 Franklin St Unit 3, Bangor, ME 04401

$194,900
2,060
SqFt

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Listing courtesy of EXP Realty.

List Price
$194,900
MLS#
1687233
Status
ACTIVE
Type
Commercial
City
Bangor
County
Penobscot
Living Area
2,060
Lot Size
21,780
Year Built
1983

Property Description

Exceptional opportunity to own a spacious, income-producing commercial office condominium in the heart of downtown Bangor! Located on the third floor of the historic 115 Franklin Street building, this approximately 2,060-square-foot suite offers an ideal combination of professional workspace, established rental income, and flexibility for future owner occupancy. The layout features seven private offices, all currently leased, providing immediate income for an investor or an opportunity for a business owner to occupy an office in the future while collecting rent from the others to help offset ownership expenses. Shared amenities include a spacious reception and waiting area, dedicated coffee bar and break area, restroom, and an impressive, fully furnished conference room ideal for client meetings and presentations. Furnishings may convey, offering a convenient turnkey opportunity. Recent improvements include two brand-new, energy-efficient HVAC heat pump systems providing modern heating and cooling. Additional features include high ceilings, abundant natural light, security cameras, elevator access with direct entry into the suite, and a versatile floor plan suitable for a variety of professional uses. Part of the Franklin Street Condominium Association, the property enjoys a desirable downtown location surrounded by professional offices, restaurants, shops, and other amenities. Multiple nearby parking options provide convenience for tenants and visitors. Whether you're an investor seeking an established multi-tenant property or a professional looking to build equity while generating rental income, this versatile commercial condominium presents an outstanding opportunity in downtown Bangor. 34,800 GOI - 11,912 Expense. More photos available upon request. Broker owned.

Additional Information

Living Area
2,060
Electric
Circuit Breakers
Water
Public
Basement
Full
Cooling
Central Air, Heat Pump
Year Built
1983
Acres
0.50
Roof
Flat, Rolled Hot Mop
Foundation
Block, Poured Concrete
Stories
3
Courtesy Of Listing Office
EXP Realty

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