185 Belmont Ave Belfast, ME 04915
For Sale
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This exceptional 6,672 sq ft industrial property in Belfast, ME, presents a rare opportunity. Located on Route 3, less than a mile from US Route 1, this offering includes both the real estate and the established business, State Sand & Gravel, Inc., operating successfully since 1929. The business provides a diverse range of products including redi-mixed concrete, washed sand, gravel, various sizes of stone (crushed on-site), sandy loam, lime rock, crusher dust, and two sizes of concrete barrier retaining wall blocks, catering to residential, commercial, and industrial clients. Key assets include a crusher plant (1975, upgraded 2024), a concrete batch plant (1995), and a 400-ton cement silo (1975). The sale includes an existing office building and maintenance garage, along with a fleet of eleven registered heavy highway vehicles, a loader, and additional equipment. This turnkey operation sits on approximately 120 acres, with multiple deeds and portions of the property surveyed. This is a remarkable opportunity for an entrepreneur seeking a well-established, profitable business with significant land holdings. The property's strategic location and diverse product offerings position it for continued success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
