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$199,000 -$6,000 (-2.93%) Price Reduced
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Property Description
Put your business in the middle of downtown Bangor-and put your office space to work for you! Located at 115 Franklin Street, this fourth-floor commercial condo offers 2,014± square feet of flexible, well-maintained workspace with a layout that works equally well for an owner-occupied business or a buyer exploring income-producing possibilities. Step off the elevator and directly into the unit, where you'll find six private offices, a larger space ideal for a conference room or additional office, and two workstations in the reception area. Fresh paint within the last year gives the space a clean, professional feel, while a full kitchen and private restroom with a shower add conveniences you don't often find in traditional office space. Most recently occupied by a single business, the layout also creates the potential for a new owner to lease individual offices to professionals seeking their own downtown workspace, subject to applicable requirements. The location makes the workday easier, too. Restaurants, shops, City Hall, the post office and Bangor Public Library are all just minutes away. Dedicated parking is located behind the building, with additional free on-street parking nearby and a paid public lot directly across the street. Approximately 150 square feet of basement storage adds even more functionality. The unit was appraised in 2025 for more than $220,000, adding another compelling consideration for buyers evaluating the opportunity. Whether you're ready to give your business a downtown address or looking for commercial space with income potential, 115 Franklin Street offers the flexibility to make the space work for you-or earn for you.
Full Property Details
Full Property Details for 115 Franklin St #Suite 4
General
- Price: $199,000
- HOA FEE: $511/month
- Taxes: $3,502 (2025)
- Status: Active
- Type: Office
- Source: MREIS
- MLS ID: 1651683
- Updated: 9/10/2026
- Added to Site: 216 day(s) ago
Business
- Business Type: Office Building
Interior
- Interior Features: Storage
Parking
- Parking Features: Assigned, On Street, Off Street
Location
- County: Penobscot
Community
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Electric, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 1
- Square Feet: 2,014
- Year Built: 1912
- Other Struct. Feat.: Elevator Passenger
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Zoning: Downtown Development
- Lot Description: Bus Line, Business District, Historic District, Downtown, Near Shopping, Public Transport Access
Financial Considerations
- Association Fee: $511
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,502.83
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 82
Listed by ERA Dawson-Bradford Co. (207) 947-6788
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Schools
Schools serving 115 Franklin St #Suite 4
School District:Bangor
| Name | Grades | Distance |
|---|---|---|
Abraham Lincoln School 45 Forest Avenue, Bangor, ME 04401 | PK-3 | 0.5 mi |
Mary Snow School 435 Broadway, Bangor, ME 04401 | 4-5 | 1 mi |
William S. Cohen School 304 Garland Street, Bangor, ME 04401 | 6-8 | 0.9 mi |
Bangor High School 885 Broadway, Bangor, ME 04401 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 Franklin St #Suite 4
Date
Details
Price
Change
Source
9/09/2026
Price Reduced
$199,000
-2.93%
MLS
7/28/2026
Price Reduced
$205,000
-1.91%
MLS
6/12/2026
Price Reduced
$209,000
-2.34%
MLS
4/10/2026
Price Reduced
$214,000
-2.28%
MLS
2/11/2026
Listed
$219,000
122.34%
MLS
6/03/2022
Sold
$98,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 115 Franklin St #Suite 4
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,358
-2%
$128,000
2%
2024
$2,417
10%
$125,900
10%
2023
$2,193
-1%
$114,500
6%
2022
$2,205
-1%
$108,100
9%
2021
$2,221
-2%
$99,600
2%
2020
$2,257
2%
$97,300
1%
2019
$2,220
—
$96,500
-1%
2018
$2,226
5%
$97,000
3%
2017
$2,120
1%
$94,000
1%
2016
$2,090
5%
$92,900
2%
2015
$1,991
2%
$90,700
1%
2014
$1,955
3%
$89,700
-2%
2013
$1,907
—
$91,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 115 Franklin St #Suite 4
115 Franklin Street #Suite 4, Bangor, ME 04401 (MLS# 1651683) is a Office property. 115 Franklin Street #Suite 4 is currently listed for $199,000 and was received on February 11, 2026. Want to learn more about 115 Franklin Street #Suite 4? Do you have questions about finding other Office real estate for sale in Bangor? You can browse all Bangor real estate or contact a Coldwell Banker agent to request more information.

