248 Northport Ave Belfast, ME 04915
For Sale
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This exceptional 64,380+/- square foot commercial and industrial building presents a remarkable investment opportunity in the vibrant Midcoast Maine town of Belfast. Strategically located on Route 1, this property boasts high visibility and convenient access for both customers and employees. Currently housing over ten diverse tenants, the building offers a stable and diversified income stream with readily available spaces for lease. The existing tenant mix creates a thriving business ecosystem, attracting new businesses seeking a collaborative environment. Available spaces are ideal for owner-occupancy, allowing for on-site management while generating additional rental income. The building features a variety of spaces with ceiling heights ranging from 16 to 40 feet, catering to diverse business needs. Amenities include commercial kitchens, office spaces, conference rooms, server rooms, and ample warehouse space. The 7.3-acre lot provides ample parking and potential for future expansion. Belfast's supportive business environment and thriving local economy make this property an attractive investment for both entrepreneurs and established businesses. This is a rare opportunity to acquire a substantial commercial property in a rapidly growing community with excellent infrastructure and high visibility. The property's multi-tenant occupancy provides a built-in revenue stream and a strong foundation for future growth. Don't miss this chance to own a piece of Belfast's thriving business landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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.