74 Main ST, Bangor, ME 04401
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74 Main ST, Bangor, ME 04401
74 Main ST, Bangor, ME 04401
74 Main ST, Bangor, ME 04401
74 Main ST, Bangor, ME 04401
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Listed by Sylas Hatch The Dunham Group
$ 2,195,000
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Active

74 Main ST Bangor, ME 04401

16,034 SqFt


UPDATED:

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


Maine MLS (MREIS) IDX

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511 Congress St. STE 101, Portland, ME 04101
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