207 236 6171   info@camdenre.com
  • PROPERTIES
  • BROKERS
  • BUYERS
  • SELLERS
  • RESOURCES
    • Community
    • Schools
    • To Do & See
    • Company Brochure
    • Notice to Clients
  • CONTACT US
  • CALL NOW 207 236 6171
  • properties
  • Brokers
  • Buyers
  • Sellers
  • Community
  • Schools
  • To Do & See
  • Notice to Clients
  • CONTACT US
Refine Search
New Search
Map View
Saved Properties (0)
 


request more information

123-127 Franklin Street

Bangor

$1,239,000

beds   ·   baths   ·   13,200 sqft   ·   0.12 acres   ·   taxes: $11,923   ·   MLS#: 1653941

Exceptional mixed-use investment opportunity in the heart of Downtown Bangor's Development District at 123 & 127 Franklin Street. This well-maintained property features four fully renovated residential apartments and a tavern/restaurant, generating a gross income of near $140,000. The second and third floors offer four versatile apartments with views of downtown Bangor and the nearby public library. Each unit features hardwood floors, large windows providing abundant natural light, and washer and dryer hookups. Renovated between 2015 and 2019, the apartments combine modern updates with classic downtown character. Apartment #1 - 3 Bed / 1 Bath | 800 SF. Apartment #2 - 2 Bed / 1 Bath | 900 SF. Apartment #3 - 3 Bed / 1 Bath / 1 Den | 1,000 SF. Apartment #4 - 3 Bed / 2 Bath / 1 Den | 1,000 SF. The commercial component includes a tavern/restaurant. The lower level is home to the established Benjamin's Pub, a well-known Bangor dining and nightlife destination. The first-floor restaurant and bar space with dining area is currently undergoing cosmetic renovations also currently leased by Benjamins, offering potential for refreshed operations in a highly visible downtown location. Commercial spaces were renovated between 2020 and 2021 and feature updated kitchen suppression systems. Additional improvements include a natural gas furnace installed in 2012. The building façade was repaired and repainted using City of Bangor façade grant funds in 2019. As part of the Development District, the property remains eligible for additional façade grants with up to 50% cost share. With stable mixed-use tenancy, strong residential demand, and a prime downtown location, 123 & 127 Franklin Street presents a compelling investment opportunity in one of Bangor's most active districts.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1912
  • Flooring : Tile, Carpet
  • Roof : Membrane
  • Basement : Full, Other
  • Heating : Forced Air, Baseboard
  • Cooling : Central Air

Site

  • Water Source : Public
  • Sewer : Public Sewer
  • Zoning : 24 Downtown Dev Dist
Listing provided by ERA Dawson-Bradford Co.

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


Virtual Tour

Email this property

* the email will include a link to this page.

Share this home:
© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
privacy policy
43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy