Corporate Surplus - Prime Location Big Box Retail Bangor, ME

Property Location MAP

116 Bangor Mall Blvd
Bangor, ME 04401

Property #: KEY5165

Contact Agent

Mike Carey
Tranzon Auction Properties

207-776-1936 mcarey@tranzon.com
116 Bangor Mall Boulevard presents an opportunity to acquire a freestanding retail big box at the center of Central Maine’s primary retail corridor. Located within the Bangor Mall district, the property benefits from sustained regional traffic, strong surrounding retail demand, and direct access to major transportation routes.
 
The building contains approximately 25,830 square feet across two true functional floors connected by elevator and organized around an open atrium. This configuration supports a wide range of commercial uses and provides flexibility that is uncommon in suburban retail assets. The layout is well suited for single-user occupancy, multi-tenant repositioning, or adaptive reuse strategies.
 
Originally designed for destination retail, the space includes a café/kitchen area, generous ceiling heights, and an interior plan that can accommodate experiential retail, showroom, fitness, educational, medical, or entertainment concepts. The two-level design also creates optionality for mixed-use commercial programming. All uses subject to zoning and development covenants.
 
The site encompasses nearly three acres and provides ample parking, strong curb appeal, and efficient ingress and egress. Visibility from I-95, Stillwater Avenue, and Hogan Road positions the property for continued relevance as a regional commercial location.
 
Zoning flexibility enhances long-term value by allowing the property to evolve with market demand. Whether maintained as a flagship retail location or repositioned for a new commercial use, 116 Bangor Mall Boulevard offers scale, visibility, and adaptability in a proven retail market.
  • Building Size: 25,830± SF
  • Land Area: 2.94± acres
  • Configuration: Two levels with elevator and atrium
  • Parking: Approximately 156 spaces
  • Year Built: 1996
  • Utilities: Public water and sewer
  • HVAC: Forced hot air
  • Sprinkler System: Yes
  • Loading: One loading dock
 
Map Lot R61-019
2025 Tax Assessment: $2,555,600
2025-26 Annual Taxes: $45,234.12
 
Note to Buyers: Closing will be handled by Fidelity National Title’s National Commercial Services Division in Phoenix, AZ with Seller paying for Buyer’s title insurance. Closings are normally done remotely.
 
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

Michael B. Carey | ME AUC Lic. 1466 | ME RE Lic. #DB919594

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Mike Carey

Mike Carey: Tranzon Auction Properties

207-776-1936 mcarey@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: Closing to take place on or before March 23, 2026, sold in As-Is condition, no contingencies.
  • Deposit Amount: Online registration requires $9,900 hold on a valid credit card. The hold will be released post-auction. A 10% deposit is due within 48 hours of being notified that you are the successful high bidder.
  • Buyer Agent Compensation: 1% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

See terms and conditions in the property information package.

-

Have a Property To Sell? Request a FREE Property Consultation