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$220,000
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Property Description
Investor Opportunity: Multi-Use Commercial Property with High ROI Potential Unlock the potential of this versatile property, perfectly tailored for an investor seeking a prime location with flexible use options including per URD-2 #165-89 City of Bangor: Re: Residential units 1-4, small day care Daycare center, home occupations or professions, community living arrangements, minor essential service facilities, hosted and non hosted short term rentals & accessory uses on the same lot and customarily incidental to and subordinate to above uses or to an approved conditional use under subsection D under this URD-2 section. All other options would need to go to the planning board for approval. Property Highlights: Floor Plan: Three levels, including a first-floor full bath, second-floor half bath, and an 18'x26' attic space with pine flooring, ready for finishing. Hardwood and vinyl flooring on the first and second levels, with carpet upstairs. Parking: Newly paved parking lot (2022) for at least nine vehicles, offering convenience for tenants or business clients. Prime Location: Situated on the city bus route, this property is close to shopping, downtown, restaurants, and pubs. It's just 10 minutes from the airport and five minutes from hospitals, ensuring tenant and customer accessibility. Recent Upgrades: New roof shingles (2015) Boiler replacement (2015) Foundation repairs (2020) Asbestos removal from the basement (2020) Baseboard heat added to the first-floor bath (2023) All major systems have been updated, allowing you to focus on creating cash flow. Whether you envision multiple rental units, a profitable short-term rental property, or a combination of uses, this building is a blank canvas for your investment strategy. Why Wait? The groundwork is laid, you bring the idea. Schedule a tour today to see how this property can become a cornerstone of your portfolio.
Full Property Details
Full Property Details for 44 Center St
General
- Sold For: $220,000
- Taxes: $3,817 (2023)
- Status: Closed
- Type: Commercial
- Source: MREIS
- MLS ID: 1611188
- Added to Site: 435 day(s) ago
Business
- Business Type: Church, Commercial, Office Building, Child Care, Bed a
Interior
- Flooring: Wood, Vinyl
Additional Information
- Equipment: Internet Access Available
Parking
- Parking Features: 5 - 10 Spaces, On-Site Parking, Paved
Location
- County: Penobscot
Heating & Cooling
- Cooling Type: None
- Heating Type: Multi-Zone, Hot Water, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Wood Frame
- Roof: Composition, Pitched, Shingle
- Stories/Levels: 3
- Building Size: 2630
- Square Feet: 2,630
- Living Area: 2,630 Sq. Ft.
- Year Built: 1912
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840.8
- Zoning: URD-2
- Lot Description: Public Transport Access, Near Turnpike/Interstate, Near Airport, Business District, Near Shopping
Water Features
- Water Front Desc.: River
Financial Considerations
- Tax Amount: $3,817
- Tax Year: 2023
Disclosures and Reports
- Lot Number: 100
Listed by NextHome Experience (207) 573-7400
Sold by RE/MAX Collaborative (207) 573-1267
Get Pre-Approved Today
Schools
Schools serving 44 Center St
School District:Bangor
| Name | Grades | Distance |
|---|---|---|
Abraham Lincoln School 45 Forest Avenue, Bangor, ME 04401 | PK-3 | 0.4 mi |
Mary Snow School 435 Broadway, Bangor, ME 04401 | 4-5 | 0.9 mi |
William S. Cohen School 304 Garland Street, Bangor, ME 04401 | 6-8 | 0.8 mi |
Bangor High School 885 Broadway, Bangor, ME 04401 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 44 Center St
Date
Details
Price
Change
Source
3/13/2025
Sold
$220,000
-13.69%
MLS
12/13/2024
Listed
$254,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
44 Center Street, Bangor, ME 04401 (MLS# 1611188) is a Commercial property that was sold at $220,000 on March 13, 2025. Want to learn more about 44 Center Street? Do you have questions about finding other Commercial real estate for sale in Bangor? You can browse all Bangor real estate or contact a Coldwell Banker agent to request more information.

