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V O L . X X I I N O. X I X A U G U S T 2 2 , 2 0 1 6 22 An offer has been made on the property, but the potential buyer wants to remain anonymous for now, the brokers say. "e buyer is a property developer. We have been asked not to reveal the buyer's name until after due dili- gence," says Bonadio. e downtown parcel has been marketed as "ripe for development into a mixed-use showplace," possi- bly with offices, retail, restaurants and luxury apartments. It was on the market just a short time before the offer was received. It hit social media before Bonadio and Laney even had a chance to finalize their brochure on the offering. "I sent a copy of the draft brochure to Bangor Economic Development and it hit social media — and we've been swamped," Bonadio says on a tour of the block in early August. After a century of disparate own- ers, "It's really only been available to the general public now," he adds. For years, the block has been "drastically underutilized," says Tanya Emery, Bangor's community and economic development director. Ideally, she says, redevelopment of the block would continue the momentum P H O T O S / L A U R I E S C H R E I B E R A historic parcel could be a catalyst An Exchange Street block has an offer pending, but what's next? B y L a u r i e S c h r e i b e r www.hammondlumber.com | Toll free 1-866-HAMMOND » C O N T I N U E D F R O M C O V E R F O C U S Real estate brokers Pete Laney, left, of C21 Venture Ltd. and John Bonadio of Maine Commercial Realty represent the seller of six buildings on a block on Exchange Street in Bangor. They're seen here in front of the northernmost building, 33 State St., at the corner of Exchange and State.

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