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Victorian Multifamily with Office Suite
For Sale
$750,000

78 High Street, Belfast, ME 04915

MULTI_FAMILY - Victorian - Belfast, ME

Property SizeContact for details
Lot Size0.19 Acres
Days on Market35

Property Features for 78 High Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Basement, Bathroom 4, Bathroom 2, Bathroom 1
Basement Full, Sump Pump
Lot features Open, Level, Sidewalks, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood
Standard status Active
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6190

Utilities

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

Building Details

Year built 1912
Floors in Building 3
Number of units 5
Flooring type Wood
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Architectural style Victorian
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Albert Edwards
Added: Jul 3 Changed: Aug 3 Last Checked: Aug 6 at 7:06AM
MLS# 1649147

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.

Investment Insights

Based on property information with market context.

This Victorian-style mixed-use property is set up with five residential units, including one 3-bedroom unit, one 2-bedroom unit, one 1-bedroom unit, and two efficiency apartments. The building also includes one commercial office suite, which is currently unrented, giving the next owner options to either lease the space or reconfigure the layout based on operating needs. The lot size is listed at 0.19 acres and the property is presented for sale with residential and commercial components under one roof.

78 High Street is described as being in Belfast’s downtown area, with Belfast Harbor less than 0.2 miles away. The listing notes nearby amenities within less than 0.2 miles, and downtown restaurants and cafes within a few hundred yards. Additional proximity is provided to City Park, local beaches, and the waterfront, all less than one mile, along with the hospital and city services at less than one mile.

For buyers and operators seeking a downtown mixed-use profile, the combination of multiple apartment configurations plus an office suite can support a diversified tenancy mix. The listing also states the seller is leveling the adjacent building at 74 High Street, expected to be completed in approximately three months, which will create 13 additional parking spaces for 78 High Street.

Key Highlights

  • Multi‑unit investment built in 1912 with Victorian architecture, wood‑frame construction and vinyl siding.
  • 5 residential units are 100% occupied, including a 3BR, 2BR, 1BR, and two efficiency apartments.
  • Includes 1 commercial office space (currently unrented) with a dedicated office suite.

Property Analytics

Current Use

Office Units

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

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Victorian-style mixed-use property with five residential units and an office suite on an R2 zoned lot.
Where is this apartment building located?
The property is located at 78 High Street Belfast, ME.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Multi‑unit investment built in 1912 with Victorian architecture, wood‑frame construction and vinyl siding.; 5 residential units are 100% occupied, including a 3BR, 2BR, 1BR, and two efficiency apartments.; Includes 1 commercial office space (currently unrented) with a dedicated office suite.
More about this property
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