277 STATE ST BANGOR ME 04401-5439

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

277 STATE ST BANGOR ME 04401-5439

Bangor, ME 04401-5439
Asking Price
$1.50M
Asset Type
Office
Class
Class B

What's Special

277 State Street is located within a professional corridor in Bangor, Maine, characterized by a mix of historic architecture and specialized commercial services. The property situated near the intersection of State and Otis Streets, placing it minutes from the Northern Light Eastern Maine Medical Center campus and downtown Bangor. The neighborhood features a variety of legal offices, medical practices, and local eateries. Access to the site is supported by its proximity to Route 2 and I-95, providing connectivity for commuters from the greater Penobscot County area. The building is suited for professional services requiring a central location with visibility along a primary thoroughfare. The layout and regional positioning align with the needs of medical practitioners, legal firms, or administrative agencies seeking proximity to the local judicial and healthcare hubs. Typical tenants for this asset profile include private consultants and satellite offices for regional organizations. The location offers a balance of accessibility for clients and convenient regional transit for staff.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

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