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About This Home

This 0-bedroom, 0-bathroom commercial at 78 High Street in Belfast, ME is listed for $888,000 ($746 per sqft). Built in 1912, the home offers 1,191 sqft of living space on a 0.19 acres lot.

Agent Description

Rare multi-unit investment located in the heart of Belfast's vibrant downtown district. This versatile property offers immediate cash flow with a 100% occupancy rate across five residential units and one commercial office space One 2BR unit, two 1BR units and two efficiency apartments.

Commercial Space includes a dedicated office suite, perfect for professional services or small business rental. All units are currently rented, providing a turnkey opportunity for the next owner. Situated less than .2 miles from Belfast Harbor, this property offers a premier coastal location.

Tenants enjoy amenities within less than .2 of property Within a few hundred yards of downtown's top restaurants and cafes. Less than a mile to City Park, local beaches, and the waterfront. Immediate proximity to boating, public docks, and the harbor walk.

Less than one mile to the hospital and city services. The city is currently in the process of leveling the adjacent building at 74 High Street. The building at 74 High Street, next to 78 High Street, is set to be demolished in early spring. It is owned by the city.

It was a 10,000 square foot nursing home. Its zoning consists of nursing home, elderly care, apartment building and a professional building. The parking laws and restrictions prevent these uses without purchasing 78 High Street. The town is seeking a contractor to buy it from them and build something useful.

Key Features

  • Built in 1912
  • 0.19 acre lot

Property Details

1912

Monthly Cost Estimate

$4,749/mo

20% down · 6.5% · 30 years

Principal$642
Interest$3,848
Insurance$259

Estimates only. Actual payments may vary.

Location

78 High Street

Belfast, ME 04915

Property Details

Flooring

Wood

Construction

Vinyl Siding Wood Frame

Heating

BaseboardHot Water(Heating)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 78 High Street is listed at $888,000 ($746/sqft). The estimated monthly payment is $3,848 based on 20% down at 6.5% interest.

Key features include: Built in 1912, 0.19 acre lot.

This property is listed by Albert Edwards and can be reached at 2076154664 or al.edwards@cbrealty.com.

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AE

Albert Edwards

Agent at Coldwell Banker Realty

(207) 615-4664

Listed by Coldwell Banker Realty

MLS# 1650449· Source: listhub· Updated today

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78 High Street, Belfast, ME 04915

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