See all 56 photos
56 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Coldwell Banker Realty
$920,000
1,191 SqFt
UPDATED:
Key Details
Property Type Commercial Sale
Sub Type Investment
Listing Status Active
Square Footage 1,191 sqft
MLS Listing ID 1650449
HOA Y/N No
Year Built 1912
Annual Tax Amount $6,190
Tax Year 2025
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Investment
Source Maine Listings
Land Area 1191
Property Description
Rare multi-unit investment located in the heart of Belfast's vibrant downtown district. This versatile property offers immediate cash flow with a 100% occupancy rate across five residential units and one commercial office space One 2BR unit, two 1BR units and two efficiency apartments. Commercial Space includes a dedicated office suite, perfect for professional services or small business rental. All units are currently rented, providing a turnkey opportunity for the next owner. Situated less than .2 miles from Belfast Harbor, this property offers a premier coastal location. Tenants enjoy amenities within less than .2 of property Within a few hundred yards of downtown's top restaurants and cafes. Less than a mile to City Park, local beaches, and the waterfront. Immediate proximity to boating, public docks, and the harbor walk. Less than one mile to the hospital and city services. The city is currently in the process of leveling the adjacent building at 74 High Street. The building at 74 High Street, next to 78 High Street, is set to be demolished in early spring. It is owned by the city. It was a 10,000 square foot nursing home. Its zoning consists of nursing home, elderly care, apartment building and a professional building. The parking laws and restrictions prevent these uses without purchasing 78 High Street. The town is seeking a contractor to buy it from them and build something useful.
Location
State ME
County Waldo
Zoning R2
Rooms
Basement Full, Sump Pump
Interior
Heating Hot Water, Baseboard
Cooling None
Flooring Wood, Other
Exterior
Parking Features 5 - 10 Spaces
Utilities Available 1
View Y/N No
Roof Type Pitched,Shingle
Building
Lot Description Downtown, Business District, Historic District, Near Shopping
Foundation Granite, Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Oil, Gas Bottled
Read Less Info
