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$1,675,000 Just Listed

  • For Sale
  • Active
  • Office
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A prime investment opportunity located less than half a mile from I-95 (Exit 185) in one of Bangor's most active retail corridors. The property sits just off Broadway, surrounded by major national tenants including Hannaford, Planet Fitness, HomeGoods, TJ Maxx, and Starbucks. The 11,000± SF single-story steel-frame structure, formerly a retail/industrial facility, has completed a full interior renovation to accommodate Fedcap's office operations. The improvements include upgraded building systems, ADA compliance, and high-efficiency natural gas HVAC. With excellent visibility, ample on-site parking, and immediate proximity to Bangor's primary commercial arterials, 38 School Street offers investors a stabilized, long-term leased asset in a thriving submarket characterized by limited office supply and strong tenant demand.

Full Property Details for 38 School St

General

  • Price: $1,675,000
  • Status: Active
  • Type: Office
  • Source: MREIS
  • MLS ID: 1662824
  • Updated: Today (5/19/2026)
  • Added to Site: Today

Business

  • Business Type: Commercial, Net Leased

Parking

  • Parking Features: 21 or More Spaces, On-Site Parking

Location

  • County: Penobscot

Structural Information

  • Building Size: 11000
  • Square Feet: 11,000
  • Living Area: 11,000 Sq. Ft.

Lot Features

  • Lot Size (Acres): 0.84
  • Lot Size (Sq. Ft.): 36,590.4
  • Zoning: S&PS
  • Lot Description: Near Turnpike/Interstate, Near Shopping, Retail Strip

Disclosures and Reports

  • Lot Number: 25

Listed by Core (207) 210-5677

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Listing agent

— 38 School St —

  • Core

    207-210-5677

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 38 School St

School District:Bangor
NameGradesDistance
Mary Snow School
435 Broadway, Bangor, ME 04401
4-50.7 mi
Fruit Street School
175 Fruit Street, Bangor, ME 04401
PK-31.4 mi
William S. Cohen School
304 Garland Street, Bangor, ME 04401
6-81.5 mi
Bangor High School
885 Broadway, Bangor, ME 04401
9-120.4 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 38 School St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/19/2026
Listed
$1,675,000
97.06%
MLS
7/30/2024
Sold
$850,000
—
Public Record
Get Price Alerts and Save Property
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 for 38 School St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,226
76%
$1,086,200
84%
2024
$10,933
3%
$589,400
6%
2023
$10,619
2%
$554,500
8%
2022
$10,455
-1%
$512,500
8%
2021
$10,584
9%
$474,600
13%
2020
$9,746
1%
$420,100
—
2019
$9,646
1%
$419,400
1%
2018
$9,570
2%
$417,000
—
2017
$9,406
1%
$417,100
1%
2016
$9,281
3%
$412,500
1%
2015
$8,978
1%
$409,000
1%
2014
$8,857
6%
$406,300
1%
2013
$8,370
—
$402,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Core (207) 210-5677

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38 School Street, Bangor, ME 04401 (MLS# 1662824) is a Office property. 38 School Street is currently listed for $1,675,000 and was received on May 19, 2026. Want to learn more about 38 School Street? 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.

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