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Five-Unit Mixed-Use Property
For Sale
$695,000

78 High Street, Belfast, ME 04915

Multi-Family, Belfast, ME

Property SizeContact for details
Lot Size0.19 Acres
Days on Market56

Property Features for 78 High Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2
Basement Full, Sump Pump
Lot features Open, Level, Sidewalks, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood
Standard status Active
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6190

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard, Natural Gas, Oil
Water source Public

Building Details

Year built 1912
Floors in Building 3
Number of units 5
Flooring type Wood
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Architectural style Victorian
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Albert Edwards · License #BA925654
Added: Jul 11 Changed: Aug 19 Last Checked: Sep 4 at 11:06AM
MLS# 1649147

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 R2-zoned mixed-use property at 78 High Street combines five residential apartments with a dedicated commercial office suite. The residential mix includes one three-bedroom apartment, one two-bedroom apartment, one one-bedroom apartment, and two efficiency units. Built in 1912, the Victorian-style building has a wood-frame structure, vinyl siding, wood flooring, a shingle roof, and a basement. Heating systems include hot water, baseboard, natural gas, and oil.

The property occupies 0.19 acres in Belfast, less than 0.2 miles from Belfast Harbor and within a few hundred yards of downtown restaurants and cafes. City Park, local beaches, and the waterfront are less than one mile away, as are the hospital and city services. Public water and sewer serve the property.

A project involving the adjacent building at 74 High Street is expected to add 13 parking spaces for 78 High Street when completed.

Key Highlights

  • Five residential units: one 3BR, one 2BR, one 1BR, and two efficiency apartments
  • Dedicated commercial office suite included with the property
  • R2 zoning on a 0.19‑acre parcel at 78 High Street

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Catering Service Home Appliance Store Pet Grooming Service

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

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

614
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes a dedicated office suite alongside varied residential layouts and public water and sewer.
Where is this mixed-use property located?
The property is located at 78 High Street Belfast, ME.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Five residential units: one 3BR, one 2BR, one 1BR, and two efficiency apartments; Dedicated commercial office suite included with the property; R2 zoning on a 0.19‑acre parcel at 78 High Street
More about this property
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