Versatile Commercial Property in
For Sale
$3,250,000
248 Northport Avenue, Belfast, ME 04915
Multi-tenant property with warehouse, industrial, and office space.
Property Size64,000 SF
Lot Size7.30 Acres
Price / SF$50.78
Days on Market138
Property Features for 248 Northport Avenue
General Information
Standard status
Active
Size
64,000 SF
Lot size
7.30 Acres
Property subtype
Industrial
Listing Agency:
RE/MAX
(207) 613-6060
Listed By:
Erin Merrifield · License #BA921957
Source:
Remaxcommercial
Added: Apr 1
Changed: Aug 14
Last Checked: Aug 15 at 3:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX
Investment Insights
Based on property information with market context.
Located in Belfast, Maine, the property at 248 Northport Avenue offers a versatile commercial space, formerly occupied by Moss Tent Works and a local newspaper. The property includes over 64,000 square feet of warehouse, industrial, and office space situated on 7.3 acres. The building is currently occupied by a multi-tenant community. The property offers flexibility for investors seeking rental income or business owners looking to establish and expand their operations, with the option for owner-occupancy on either the office or warehouse side. The infrastructure includes ceiling heights ranging from 16 to 40 feet, loading docks, overhead doors, commercial kitchen space, conference rooms, and a server room. Positioned on Route 1, the property benefits from strong visibility in Belfast, a growing commercial corridor in MidCoast Maine. The location attracts both entrepreneurs and established businesses. Belfast features institutional-grade employers, a stable year-round population, and active municipal support for business. The Route 1 corridor provides exposure to both local and tourist traffic. The market is experiencing growth with population increases and value improvements year over year.
Key Highlights
- Versatile commercial property with over 64,000 SF of warehouse, industrial, and office space on 7.3 acres.
- Located on Route 1 in Belfast, offering strong visibility in a growing commercial corridor.
- Multi‑tenant building with existing rental income and the option for owner‑occupancy.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Multi-tenant property with warehouse, industrial, and office space.
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: Versatile commercial property with over 64,000 SF of warehouse, industrial, and office space on 7.3 acres.; Located on Route 1 in Belfast, offering strong visibility in a growing commercial corridor.; Multi‑tenant building with existing rental income and the option for owner‑occupancy.
