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    502-510 Belfast Augusta Rd Liberty, ME 04949

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    For Sale
    $510,000

    Retail and self-storage property with diversified revenue streams.

    Property size:
    9,198 SF
    Lot size:
    2.00 Acres

    Property Features for 502-510 Belfast Augusta Rd

    General Information

    Size
    9,198 SF
    Lot size
    2.00 Acres

    Source: The Boulos Company Agent Noah Stebbins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail and Self-Storage Investment

    This property features two long-term retail tenants with rents below market value, along with a freestanding 28-unit self-storage facility, providing diversified revenue streams. The property is strategically located on a major route between Augusta and Belfast, benefiting from high traffic volumes and excellent visibility. Neighboring businesses and amenities include Circle K, Lake St. George Apartments, Lake St. George Brewing Company, and Lake St. George State Park. A new roof was installed in 2019, reducing near-term capital expenditure concerns. The property size is 9198 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Hotel & Motel Nail Salon Storage Facility Grocery Store Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Liberty
    County
    Waldo
    State
    Maine
    Longitude
    -69.365955
    Latitude
    44.382129

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    FAQs

    What type of property is this?
    Retail space - Retail and self-storage property with diversified revenue streams.
    Where is this retail space located?
    The property is located at 502-510 Belfast Augusta Rd Liberty, ME.
    What is the asking price?
    The asking price for this property is $510,000.
    What are key features of this property?
    This property features: - Diversified revenue streams from two retail tenants and a 28-unit self-storage facility.; - High-traffic location on a major route between Augusta and Belfast with excellent visibility.; - Attractive 7.54% Cap Rate at a sale price of $510,000.
    (207) 400-6737
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    502-510 Belfast Augusta Rd Liberty, ME 04949
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    Liberty, ME 04949
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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
    502-510 Belfast Augusta Rd Liberty, ME 04949
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