3 Main St Belfast, ME 04915
For Sale
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This prime waterfront property is literally the last stop before the harbor, in downtown Belfast. Property abuts the City of Belfast Public Landing. This property offers 98+/-' waterfront directly in front of the building, next to the City slips and Fournier Tugs. Slip your vessel in front and wal ... k up to what is now a restaurant. Does this remind you of San Diego and Key West Yacht Clubs? This building boasts over 7,000 sq. ft, city utilities, and 14 parking spaces. The anchor tenant is currently Nautilus Restaurant; the floorplan has worked as a restaurant for many decades. The recent remodel of the rear and partial 2nd floor expansion, offers a new dispensary with elevator and stair access. There are currently two tenants, businesses are not included in this offering. City utilities. Further expansion is possible on the 2nd floor which is easily accessible (included in the estimated square footage.) You can only imagine the views across the harbor and out to the ocean. Penobscot Bay boasts some of the best sailing in the North Atlantic. There may never be an opportunity offered such as this in your lifetime. As our friend Paul used to say, If not now, when? Waterfront Mixed Use Zoning. Real estate only. Businesses not included. Call for details. Rare Offering, Inquire Today
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.