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Property profile & analytics

248 Northport Ave Belfast, ME 04915

  • Commercial real estate
  • 64,380 SF
  • 7.30 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US42-0507515
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 248 Northport Ave

Year built
1976
Lot size
7.30 lot acres
Property size
64,380 SF
Property type
Commercial real estate

Description

This exceptional 64,380+/- square foot commercial and industrial building presents a remarkable investment opportunity in the vibrant Midcoast Maine town of Belfast. Strategically located on Route 1, this property boasts high visibility and convenient access for both customers and employees. Currently housing over ten diverse tenants, the building offers a stable and diversified income stream with readily available spaces for lease. The existing tenant mix creates a thriving business ecosystem, attracting new businesses seeking a collaborative environment. Available spaces are ideal for owner-occupancy, allowing for on-site management while generating additional rental income. The building features a variety of spaces with ceiling heights ranging from 16 to 40 feet, catering to diverse business needs. Amenities include commercial kitchens, office spaces, conference rooms, server rooms, and ample warehouse space. The 7.3-acre lot provides ample parking and potential for future expansion. Belfast's supportive business environment and thriving local economy make this property an attractive investment for both entrepreneurs and established businesses. This is a rare opportunity to acquire a substantial commercial property in a rapidly growing community with excellent infrastructure and high visibility. The property's multi-tenant occupancy provides a built-in revenue stream and a strong foundation for future growth. Don't miss this chance to own a piece of Belfast's thriving business landscape.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Belfast
County
Waldo
State
Maine
Longitude
-68.98618
Latitude
44.40036
More about this property
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