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Listed by Sylas Hatch The Dunham Group
$2,195,000
Est. payment /mo
16,034 SqFt
Active
74 Main ST Bangor, ME 04401
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 16,034 sqft
Price per Sqft $136
MLS Listing ID 1684829
HOA Y/N No
Year Built 1900
Tax Year 2025
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Multi Family
Source Maine Listings
Land Area 16034
Property Description
The Lofts are a well-maintained, 12-unit mixed-use property, occupying one wing of the historic Freese's Building in downtown Bangor. The building is comprised of 10 market-rate residential apartments and 2 ground-floor commercial suites, condominiumized alongside Freese's Assisted Living and the Maine Discovery (Children's) Museum. Ownership recently completed a significant capital program — new HVAC, domestic hot water systems, and unit-level electrical metering — positioning the asset for a utility-recovery (RUBS) program and reduced near-term capex risk.
Location
State ME
County Penobscot
Zoning DDD
Exterior
Parking Features On Street
Building
Lot Description Business District, Downtown
Water Public
Others
Tax ID BANG-000042-000146-000003
NEARBY SCHOOL & BUSINESS
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