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277 STATE ST
BANGOR, ME 04401-5439
Asking Price
$1.50M
Cap Rate
7.2%
Asset Type
Office
Class
Class B
What's Special
Historic Office Building | 17,450 sqft | 100% Leased <p></p><p><strong style="color: rgba(34, 34, 34, 1)">Investment Highlights</strong></p><p><span style="color: rgba(34, 34, 34, 1)">• Historic office building with established identity and strong street presence</span></p><p><span style="color: rgba(34, 34, 34, 1)">• </span><strong style="color: rgba(34, 34, 34, 1)">100% leased</strong><span style="color: rgba(34, 34, 34, 1)"> providing immediate and stable cash flow</span></p><p><span style="color: rgba(34, 34, 34, 1)">• Offered at an attractive
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179
Location & Travel Times
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