Map of Property

720 Broadway

For Sale

720 Broadway, Bangor, ME 04401

This Bangor property for sale is located at 720 Broadway. The current listed sale price for 720 Broadway is $3,299,000. 720 Broadway is situated on a lot that is 1.89 acre in size.

Contacts

broker
Douglas Erickson, CCIM

SVN | The Masiello Group

Property Details

  • Property Type Retail - Strip
  • Property Size 17,800 SF
  • Units 5
  • Lot Size 1.89 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1984
  • Year Renovated 2019
  • Date Updated Jan 23, 2025
Prime heavy traffic location across the street from the Broadway Shopping Center.100% leased multi-tenanted building located on busy Broadway. Tenants include Advance Auto, Subway, Pine State Nutrition, Game Citadel and Marijuanaville. Main building is a 16,000/sf steel frame with an 1,800/sf addition which is a wood frame structure on a concrete slab with pre-engineered roof structure finished with an asphalt shingle roof. Some of the rents are below market rates. NOI can easily be increased over the next five years with lease renewals increasing NOI. Owner has completely renovated and updated building and property. Building is fully sprinklered. Each unit has its own HVAC units. All units have been updated within the past two years or so. Building and property have both been well maintained. Cross easement to and from Walgreens Pharmacy. Neighboring tenants include Walgreens Pharmacy, Hannaford Supermarket, T.J. Maxx, U.S. Cellular and Katahdin Trust. This is truly an opportunity for an investor looking for tax benefits and growth in income. Location is phenomenal with high traffic visibility.
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Highlights

  • 100% Leased Retail Strip Center With Five Well Established Tenants.
  • Good Opportunity For Increasing Rents Over The Next Five Years
  • Prime Location With High Traffic Visibility.

Getting around

  • 56/100

    Walk Score ®

  • 40/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Bangor, ME
  • Zip Code 04401

Points of Interest

  • Dysart's Citgo

    0.87 miles

  • Trade Winds

    1.31 miles

  • Irving-Tom T

    1.32 miles

  • Shell

    1.64 miles

  • Apex

    1.67 miles

  • Irving

    1.75 miles

  • Sam's Club

    2.16 miles

  • Tesla Supercharger

    4.11 miles

  • Shuttle Lot

    1.73 miles

  • Cascade Park

    2.00 miles

  • Rest Area I-95 (South Bound)

    6.52 miles

  • Steam Plant Lot

    7.44 miles

  • Alfond Lot

    7.68 miles

  • Belgrade Lot

    7.68 miles

  • Satellite Lot

    7.71 miles

  • CCA Lot

    7.74 miles

  • Bennett Lot

    7.76 miles

  • Knox Lot

    7.93 miles

  • Dairy Queen

    0.14 miles

  • Moe's Original Bar B Que

    0.20 miles

  • Governor's

    0.21 miles

  • Governor's Restaurant

    0.21 miles

  • McDonald's

    0.22 miles

  • Pizza Hut

    0.29 miles

  • China Light

    0.37 miles

  • Dunkin'

    0.77 miles

  • Dysart's Restaurant

    0.88 miles

  • Buffalo Wild Wings

    1.24 miles

  • Hannaford

    0.21 miles

  • Spectrum

    1.21 miles

  • Gamestop

    1.21 miles

  • Kohl's

    1.26 miles

  • Marshalls

    1.42 miles

  • Airport Mall

    1.49 miles

  • JCPenney

    1.56 miles

  • Bangor Mall

    1.65 miles

  • Macy's

    1.66 miles

  • Sears

    1.76 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Douglas Erickson, CCIM

SVN | The Masiello Group

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