Mixed-Use Income Property with
For Sale
$695,000
78 High St, Belfast, ME 04915
Fully occupied building with five rented residential units and one rented commercial office space.
Property Size1,191 SF
Price / SF$583.54
Days on Market49
Property Features for 78 High St
General Information
Standard status
Active
Size
1,191 SF
Occupancy
100%
Units
Multifamily Units
5
Office Units
1
Building Details
Year Built
1912
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
Listed By:
Albert Edwards · License #BA925654
(207) 615-4664
Source:
603luxury
Added: Jul 26
Changed: Sep 10
Last Checked: Sep 11 at 12:16PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This fully occupied mixed-use property includes five residential units and one commercial office space, all currently rented. The residential mix consists of one 2BR unit, two 1BR units, and two efficiency apartments. Recent building updates include a roof installed about four years ago and a recent boiler replacement, along with additional improvements intended to support safety, durability, and long-term performance.
The property is located on High Street in downtown Belfast and is listed at less than 0.2 miles from Belfast Harbor. It also falls within about a mile of City Park, local beaches, and the hospital, and it is approximately 1 mile from the Belfast airport. Tenants are described as having nearby access to downtown restaurants, cafes, shops, the harbor walk, public docks, and waterfront amenities.
For buyers seeking a stabilized income-producing setup, the current configuration provides both residential rental units and a separately rented office suite within the same building.
The property is located on High Street in downtown Belfast and is listed at less than 0.2 miles from Belfast Harbor. It also falls within about a mile of City Park, local beaches, and the hospital, and it is approximately 1 mile from the Belfast airport. Tenants are described as having nearby access to downtown restaurants, cafes, shops, the harbor walk, public docks, and waterfront amenities.
For buyers seeking a stabilized income-producing setup, the current configuration provides both residential rental units and a separately rented office suite within the same building.
Key Highlights
- Year built 1912 multi‑unit building with 5 residential units and 1 commercial office space, all currently rented
- Residential unit mix: one 2BR, two 1BR, and two efficiency apartments
- Commercial suite is a rented office space currently set up for professional services or a small business tenant
Property Analytics
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Current Use
Lease Details
1
Office units
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
614
Businesses Nearby
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied building with five rented residential units and one rented commercial office space.
Where is this apartment building located?
The property is located at 78 High St 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: Year built 1912 multi‑unit building with 5 residential units and 1 commercial office space, all currently rented; Residential unit mix: one 2BR, two 1BR, and two efficiency apartments; Commercial suite is a rented office space currently set up for professional services or a small business tenant
