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Mixed-Use Property with Office Suite

78 High Street, Belfast, ME 04915

For Sale
$695,000

Commercial Sale, Belfast, ME

Property Size3,191 SF
Lot Size0.19 Acres
Price / SF$217.80
Days on Market119

Property Features for 78 High Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R2
Rooms Basement
Basement Sump Pump, Full
Lot features Downtown, Business District, Historic District, Near Shopping
Standard status Active
Size 3,191 SF
Lot size 0.19 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6190

Utilities

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

Building Details

Year built 1912
Number of units 6
Flooring type Wood
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Albert Edwards · License #BA925654
Added: Jul 11 Changed: Oct 28 Last Checked: Nov 6 at 6:06PM
MLS# 1650449

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.

Rey
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Investment Insights

Based on property information with market context.

This 3,191-square-foot mixed-use building contains five residential apartments and a commercial office suite. The apartment mix includes one two-bedroom unit, two one-bedroom units, and two efficiency apartments. All six spaces are currently rented, with 100% occupancy. Built in 1912, the property has wood-frame construction, vinyl siding, wood flooring, a shingle roof, and a basement. Public water and sewer serve the property, which sits on a 0.19-acre lot and is zoned R2.

The building is in downtown Belfast, less than .2 miles from Belfast Harbor. City Park, local beaches, the waterfront, and the hospital are each less than a mile away. Restaurants, cafes, public docks, boating, and the harbor walk are also identified nearby.

Key Highlights

  • Five residential units and one commercial office suite; all are rented at 100% occupancy
  • Apartment mix: one 2BR, two 1BR, and two efficiency units
  • 3,191 square feet on a 0.19‑acre lot

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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

1
Office units
5
Residential units
100%
Occupancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Five residential apartments and a separate office suite are fully occupied in a downtown Belfast building zoned R2.
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 and one commercial office suite; all are rented at 100% occupancy; Apartment mix: one 2BR, two 1BR, and two efficiency units; 3,191 square feet on a 0.19‑acre lot
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