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Multi-Tenant Flex Space
For Sale
$3,250,000

248 Northport Avenue, Belfast, ME 04915

Commercial Sale, Belfast, ME

Property Size64,380 SF
Lot Size7.30 Acres
Price / SF$50.48
Days on Market135

Property Features for 248 Northport Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Rt 1 South Com.
Interior features Storage
Lot features Other Location, Near Airport, Near Shopping
Standard status Active
Size 64,380 SF
Lot size 7.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 29288

Utilities

Sewer type Public Sewer, Private Sewer
Heating system Propane (Heating), Zoned
Water source Public

Amenities

commercial kitchen
conference rooms
server room

Building Details

Year built 1976
Number of units 20
Flooring type Concrete, Laminate, Carpet
Building materials Steel Frame
Roof type Flat
Additional Structures Storage
Listing Agency: RE/MAX JARET & COHN · RE/MAX International
Listed By: Erin Merrifield · License #BR926565
Added: Apr 26 Changed: Sep 2 Last Checked: Sep 7 at 5:06PM
MLS# 1656064

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 64,380-square-foot flex property occupies 7.3 acres and includes warehouse, industrial, and office areas within a steel-frame building. Ceiling heights range from 16 feet to 40 feet, with loading docks, overhead doors, commercial kitchen space, conference rooms, a server room, and storage. Carpet, laminate, and concrete flooring are present, along with zoned propane heating and a flat roof. The building was constructed in 1976 and is served by public water.

The property fronts Route 1 at 248 Northport Avenue in Belfast, Maine, providing direct exposure along the commercial corridor. Existing occupancy includes both long-term and newer tenants, with owner-occupancy options on the office or warehouse side. Zoning is Rt 1 South Com.

Key Highlights

  • 64,380 SF flex property on 7.3 acres
  • Ceiling heights range from 16' to 40'
  • Loading docks and overhead doors support industrial operations

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Furniture & Home Goods Pharmacy Bakery Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

40 ft
Clear height
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04915, ME

9,110
Population
5,192
Households
1.8
Avg Household Size
50
Median Age
44%
College-Educated
94%
High-School Grad
73.1 sq mi
ZIP Area
125
Density / Sq Mi
$59,083
Median Household Income
$39,267
Median Earnings
$1,009
Median Rent
$261,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial facility combining warehouse, industrial, office, and specialized operational areas.
Where is this flex space located?
The property is located at 248 Northport Avenue Belfast, ME.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 64,380 SF flex property on 7.3 acres; Ceiling heights range from 16' to 40'; Loading docks and overhead doors support industrial operations
More about this property
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