28 S Main Street
Property Description
Opportunities like this don't come around often. Standing proudly in the center of Downtown Bangor, this iconic mixed-use commercial building has been a cornerstone of the community for generations & now offers an exceptional opportunity for investors seeking strong cash flow, stability, & future upside. The property features 6 income producing units, including 2 highly visible stone-front commercial spaces along Main Street & 4 spacious 3bd apartments above. Several long-term tenants provide dependable rental income, while numerous capital improvements offer peace of mind for years to come. Recent updates include a new roof in 2022, a new natural gas boiler installed in 2025, updated electrical systems, & newer windows throughout. Positioned in a prime downtown location surrounded by local businesses, restaurants, & community events, this well-maintained property enjoys a strong rental history & consistent demand. Adding to its appeal is a walk-up 4th floor that presents potential for additional rental units or expanded income opportunities. Whether you're looking to expand an existing portfolio or acquire a landmark investment property w/ character, history, & future growth potential, this is a truly special offering.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,050,000 |
| No. of Units: | 6 |
| Year Built: | 1907 |
| Lot Size: | 9,221.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $175,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 15 |
| Number of Bathrooms: | 5 |
ID: 3yd-PMARPA-PM-141940
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