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    1 Miller St Belfast, ME 04915

    For Sale
    $375,000

    LAND - Belfast, ME

    Lot size:
    0.23 Acres
    Days on Market:
    138
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1 Miller St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Downtown Commercial
    Parking features
    Driveway, On Street
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Keller Williams Realty (207) 879-9800 [email protected]

    Listing agent Amanda Reynolds (207) 879-9800

    Listing date Jul 21, 2025

    MLS# 1616622 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Belfast Development Opportunity

    This is a rare development opportunity in downtown Belfast. The lower portion of this nearly 0.5 acre parcel is located in a designated Opportunity Zone and is being offered for sale. The cleared corner lot is ideally situated with views of Penobscot Bay, Belfast's Harbor Walk, and the neighboring Belfast Common and Belfast Farmers Market, a year-round indoor community market. It is located in the Downtown Commercial zoning district with public water and sewer and three phase power available at the street. The lot size is 0.23 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belfast
    County
    Waldo
    State
    Maine
    Longitude
    -69.003571
    Latitude
    44.426565

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    FAQs

    What type of property is this?
    Commercial land - Cleared corner lot with bay views in downtown Belfast.
    Where is this commercial land located?
    The property is located at 1 Miller St Belfast, ME.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - **Unparalleled views of Penobscot Bay, Belfast's Harbor Walk, and the Belfast Common.**; - Located in a designated Opportunity Zone.; - **Prime downtown Belfast location.**
    (207) 879-9800
    Request Owner's contact information
    1 Miller St Belfast, ME 04915
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    Belfast, ME 04915
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Miller St Belfast, ME 04915
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