About this home
Prime Mixed-Use Opportunity on State Street in Bangor! New Price! Must see to appreciate! This well-located building offers incredible potential for your next venture. Formerly home to a favorite sandwich shop, the property is ready for new life—whether you're looking to open a café, retail space, office or turn it into a few more apartments. Let your imagination lead the way! Upstairs, you'll find a spacious 2-bedroom apartment, perfect for owner occupancy or additional rental income. Plenty of off-street parking makes it easy for customers, tenants, or clients to come and go with ease. Located right on State Street with excellent visibility and accessibility, this is your chance to bring something special to a space that's already part of Bangor's local history. Don't miss out on this flexible and promising investment opportunity!
Listing last checked: Listing updated:
Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1632685
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Details at a glance
Interior3 property facts
- Heating
- Oil, Heat Pump, Hot Water
- Cooling
- Heat Pump
- Flooring
- Carpet, Laminate, Vinyl
Building4 property facts
- Style
- General Commercial
- Year built
- 1880
- Foundation
- Poured Concrete
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.17 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- com/mixed use
Financial2 property facts
- Annual taxes
- $4,113
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $225,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,480 / monthAdjust
- Principal & interest
- $1,138
- Property tax
- $343
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,113. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 163 State Street
Can I request a private showing?
Request a tour of 163 State Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.