You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Commercial real estate

248 Northport Ave Belfast, ME 04915

64,380 SF 7.3 ac lot Built 1976
Property ID
US42-0507515
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1976
Total area 64,380 SF
Lot 7.3 ac (317,988 SF)
UPID US42-0507515
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message