190 Harlow St

Investment Highlights

Lots of on-site parking. 16,000 sq ft of space. Located right in downtown Bangor.

Executive Summary

Formerly this building hosted the largest nightclub in the city of Bangor "Half Acre" Night Club. The building is located in downtown Bangor adjacent to the Federal Building. It currently consists of 3 separate commercial spaces, which could be further divided. The current zoning use is retail/restaurant/office, but may be used for a variety of businesses. The lower level is over 7,000 Sq. Ft and was completely renovated in 2013 and was home of the Half Acre nightclub for nearly 10 years. The Main level contains one office space (2500 Sq. Ft) and another entertainment space that is almost 3500 sq. feet. There's a mix of public and private parking on site with over 20+ spaces of off street parking.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Bar General Retail Storefront Retail/Office Office Industrial Live Work Unit Freestanding
• Building Size    16,000
• Building Class    B
• Year Built    1958
• Price    1,100,000
• Price Per SF    69
• Cap Rate    12.91
• NOI    142,000
• Percent Leased    67
• Tenancy    Multiple
• Building Height    2 Stories
• Building FAR    1.08
• Land Acres    0.34 AC