$500,000
( $283.29Per Sq Foot )
 $2,684 est/mo Sourced by Back At You

11 Central Street,Bangor, ME 04401

Bangor, ME 04401

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Description

A rare opportunity to acquire an established, truly turnkey restaurant in the heart of downtown Bangor. 11 Central has been part of the city's dining scene for more than a decade, offering an inviting upscale-casual atmosphere, creative cuisine and a full bar in one of Bangor's most active downtown locations. The thoughtfully designed restaurant offers approximately 49 seats throughout the dining and lounge areas, plus an additional 12 seats at the bar. The space is well suited for dinner service, cocktails, private gatherings and special events, with an established identity and customer base already in place. This is a complete business sale-not simply a restaurant space or equipment package. The 11 Central name and brand, recipes, website and social media presence, business phone numbers, owned POS system, furniture, fixtures, restaurant and bar equipment, food and liquor inventory, and other operating assets are included in the sale. The goal is a seamless transition, giving a new owner the opportunity to step into an established restaurant operation without building one from the ground up. The premises are leased and the real estate is not included. Continued occupancy will be subject to lease arrangements, and licenses, permits, service contracts and similar operating requirements will be subject to applicable transfer, application and approval requirements. For an experienced restaurateur, chef-owner or entrepreneur looking for an established downtown Bangor operation, 11 Central offers something increasingly difficult to recreate: an established name, equipped restaurant, recognizable location and years of business presence-all together in one turnkey opportunity.

Details

MLS #1683004
Listing TypeFor Sale
StyleGeneral Commercial
Sub-TypeResale
StatusActive
Days On Site44
Listing Provided ByNextHome Experience | Pamela Libby

Features

SQ Feet1,765
BasementY
Story(s)2
ZoningCommercial

Interior

Cooling Yes / NoYes
CoolingCentral Air

Exterior

Foundation DetailsBrick/Mortar
Lot FeaturesBusiness District
Construction MaterialsBrick

Parking

Parking Features1 - 4 Spaces, Leased, Paved, On Street

Utilities

SewerPublic Sewer
ElectricCircuit Breakers

Taxes

Tax Year2026

Area Information

StateME
CountyPenobscot
CityBangor
Zip Code04401
AreaPenobscot
Listing VS Median (in 04401)
Price:
$500,000
low | high
Med:
$350,000
80% of Average
sqft:
1,765
low | high
Med:
2,370
15.722379603399% of Average
$ / sqft:
$283
low | high
Med:
$152
96.418258673693% of Average
On site:
44
low | high
Med:
24.5
100% of Average
Sourced by Back At You

Market Activity 04401

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Listing data is derived in whole or in part from the Maine IDX and 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.

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Learn More About This Property

StateME
CountyPenobscot
CityBangor
Zip Code04401
AreaPenobscot
Listing VS Median (in 04401)
Price:
$500,000
low | high
Med:
$350,000
80% of Average
sqft:
1,765
low | high
Med:
2,370
15.722379603399% of Average
$ / sqft:
$283
low | high
Med:
$152
96.418258673693% of Average
On site:
44
low | high
Med:
24.5
100% of Average
Sourced by Back At You
Listing Updated: October 4, 2026 at 11:23:17 AM PDT