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  • 295 Hammond St, Bangor, ME 04401
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Blog Archives

Turnkey Bangor Duplex – Live in One, Rent the Other!

Welcome to this charming 2-unit multi-family property, ideally situated in Bangor. This well-maintained property offers a unique opportunity for investors or owner-occupants looking to generate rental income. Whether you’re looking to add to your portfolio or secure a comfortable home with extra rental income, this property has it all. Key Features: • Two Separate Units: Both units offer spacious layouts, providing privacy and comfort for tenants. • Off-Street Parking: • Location: Conveniently located near Bangor Public schools, shopping centers, parks, public transportation, this property is perfect for tenants looking for easy access to everything they need.

Unit 1: Lease: No; Level: First; Security Deposit: No; Monthly Rent: 0; # Full Baths: 1; # of Half Baths: 0; # of Rooms: 4; # of Bedrooms: 2; Dedicated Electric Meter: Yes; Dedicated Gas Meter: Yes; Dedicated Water Heater: Yes; Electric: Yes; Heat: Yes; Range: Yes; Refrigerator: Yes; Sewer: Yes; Water: Yes

Unit 2: Lease: No; Level: Second; Security Deposit: No; Monthly Rent: 0; # Full Baths: 1; # Half Baths: 0; # of Rooms: 4; # of Bedrooms: 2; Dedicated Electric Meter: Yes; Dedicated Gas Meter: No; Dedicated Water Heater: No; Electric: No; Heat: Yes; Range: Yes; Refrigerator: Yes; Sewer: Yes; Water: Yes

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For Lease 198 Exchange St Bangor ME

198 Exchange Street is ideally located in the heart of downtown Bangor, surrounded by shops, restaurants, and professional offices. Just steps from West Market Square and the Bangor Waterfront, with easy access to I-95, this high-visibility location offers convenience, walkability, and a strong presence in a vibrant business district.

Previously home to The Hair Affair, a well-known local salon, 198 Exchange Street offers a flexible and well-positioned space ideal for a variety of service or retail-based businesses. A strong downtown presence and steady foot traffic make this an excellent opportunity for entrepreneurs looking to grow in a vibrant commercial district.

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15 Market Sq Houlton

Unlock the full potential of 13-31 Market Square, a historic gem located in the heart of Houlton, offering a unique opportunity for developers seeking to capitalize on the town’s growing demand for affordable housing. This solid and well-preserved building features established commercial space on the first floor, occupied residential units on the second floor, and a vast, open third floor primed for renovation. With a new membrane roof on one of the two buildings and existing rental income, this property presents an ideal hold-and-renovate opportunity with significant potential to increase value. Envision the possibilities: transform the expansive third floor into modern, highly desirable residential units, and maximize the existing structure’s footprint to meet the area’s urgent need for quality housing. This is more than an investment; it’s a chance to reshape Houlton’s landscape and create a thriving residential hub within a historic landmark. Explore diverse financing avenues for 13-31 Market Square, including options through Genesis Community Loan Fund, in collaboration with Houlton’s Economic Development Director, and potential Community Development Block Grants. The property’s location within Houlton’s TIF district provides access to valuable financial incentives, and developers can leverage Maine Housing’s Low-Income Housing Tax Credit program and Rural Affordable Housing Rental Program. Capitalizing on these resources, in partnership with the Economic Development Director, is crucial for maximizing investment and contributing to Houlton’s growing community.

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52 Main St Lincoln ME

Presenting a unique commercial property in the heart of Lincoln, currently home to the Lincoln Police Department and the Penobscot County Superior Courthouse. This property offers a stable and secure investment, with the courthouse as a tenant that cannot relocate without legislative approval from Augusta, ensuring long-term tenancy. The Current Owner is in negotiations to renew these leases for an additional five years, with options for further extensions, providing peace of mind and continuity for future investors.

Equipped with 22 new heat pumps, ensuring energy efficiency and comfort throughout the building, completely renovated with new Siding, LED lights, Electric, Roof and new flooring in the lower and upper levels.

Leasing the remaining units could generate an additional $27,000 in annual revenue.

This property represents a robust investment opportunity with existing government tenants and significant potential for increased revenue. Don’t miss the chance to own a cornerstone of Lincoln’s community infrastructure.

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Prime Restaurant with High-Value Real Estate

This multi-faceted dining and entertainment venue, established in 2012, has become a cornerstone of its community. The establishment offers a diverse array of chef-inspired American cuisine and a robust entertainment lineup, including live concerts, comedy shows, and sports events. The venue is designed to provide an engaging customer experience, with spaces for dining, live performances, a sports lounge, and banquet facilities for private functions.

This venue’s strategic location offers accessibility and proximity to local attractions, benefiting both residents and visitors. The premises are well-maintained, reinforcing the establishment’s commitment to providing an exceptional environment for dining and entertainment.

The business differentiates itself through a comprehensive service offering, catering to a broad range of customer preferences, from dining to vibrant social events. The focus on high-quality, locally sourced ingredients strengthens the business’s connection to the community and supports local agriculture, further enhancing its reputation.

The establishment maintains a well-stocked inventory that includes a variety of local ingredients, including Maine beef, lobster, and fresh seafood, as well as vegetarian and gluten-free options to accommodate diverse dietary needs. The beverage selection includes a wide array of beers, wines, and spirits, suited for both the sports lounge and dining areas.

Key investments in equipment ensure top-tier service, including state-of-the-art kitchen appliances, refrigeration, and bar facilities. The venue also features high-definition televisions, advanced sound systems for live events, and a computerized point of sale (POS) system to streamline operations. Banquet facilities are equipped with audio-visual equipment to support diverse events, making the venue a versatile space for both dining and entertainment needs.

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Turn-Key Restaurant with Proven Success For Sale

This full-service restaurant represents a distinctive opportunity in the dining industry, offering a unique blend of high-quality cuisine and exceptional service. Since its opening in 2021, it has quickly established itself as a popular destination known for its inviting ambiance and diverse menu options. The restaurant features a spacious dining and bar area, a fully equipped kitchen, and a menu with gourmet sides, specialty cocktails, and a rotating selection of craft beverages. With a strong brand identity, a solid social media presence, and an engaged customer base, the restaurant is well-positioned for continued growth and success.

The business appeals to a wide range of customers, including young professionals, families, couples, and tourists, all drawn by its exceptional dining experience. The restaurant’s strengths include its established customer base, strong market positioning, and unique concept. There are additional opportunities for growth, such as expanding catering services, extending operational hours, and increasing online sales and delivery.

The outlook for the business remains positive, considering the current trends in the dining and entertainment industries. The concept of combining high-quality cuisine with engaging experiences positions it well for further expansion. Opportunities for growth include diversifying dining options (such as brunch or late-night specials), increasing catering and event services, and adapting to food trends with local sourcing and diet-specific options. This flexibility and commitment to sustainability further increase its appeal to an increasingly health-conscious market.

Offering a well-maintained, turn-key operation, the restaurant is an ideal investment for those looking to take over a business with a solid foundation and room for innovation. Key strengths include a versatile menu, strong brand presence, and proven customer loyalty. The strategic location, combined with operational flexibility, makes this a unique opportunity for future growth. Buyers can leverage the restaurant’s strong market differentiation, established reputation, and loyal customer base to expand its reach and enhance profitability.

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