“The property offered the buyers an established, income-producing asset in a highly visible Bangor location,” said one broker.
Get Instant Access to This Article
Subscribe to Mainebiz and get immediate access to all of our subscriber-only content and much more.
A Bangor retail and restaurant building that’s fully leased to the restaurant chain Denny’s sold for $1.65 million.
Aniruddha Borad and Joseph Caruso bought the property from Robert & Lila Walz Revocable Trust
“The property offered the buyers an established, income-producing asset in a highly visible Bangor location,” said Mike Cobb of Colliers Maine.
Cobb and Abby Woodman represented the seller and Amanda Waters and Stephen Sprague of ERA Dawson Bradford represented the buyer.
Built in 1998, the property at 120 Haskell Road consists of a 3,262-square-foot building on 2.01 acres. Built in 1998, the building features the restaurant chain’s distinctive stainless steel exterior and includes 80 parking spaces.
Located just off I-95 at Exit 187, the property is within a well-established commercial area near Bangor Mall, hotels, retailers, and other major traffic generators.