38 Spring Street, Belfast, ME 04915
$575,000
Property Type:
Commercial
Square Footage:
2,040
Lot Size (sq. ft.):
12,632
Status:
Active
Current Price:
$575,000
List Date:
9/03/2024
Last Modified:
12/30/2025
Description
Unlock the potential of this rare commercial offering in vibrant downtown Belfast. Situated on a generous 0.29-acre lot, this versatile property includes a professional building with four private office suites and a 2-bedroom apartment (880 sq ft) — ideal for owner-occupancy, rental income, or live/work possibilities.
Also included is a separate structure housing seven individual storage units, generating steady income with minimal overhead.
Located in the sought-after Downtown Commercial Zone, this property offers incredible potential for future development, expansion, or reimagining to suit a variety of business or mixed-use ventures. All proposed changes to use should be discussed with the Belfast Planning & Code Department.
Whether you're an investor, entrepreneur, or developer, this is a unique chance to own a downtown footprint with built-in cash flow and room to grow.
Supplements: ********
More Information MLS# 1601929
Location Information
Street #: 38
Street Name: Spring
Street Type: Street
County: Waldo
Town: Belfast
State/Province: ME
Zip Code: 04915
Zip +4: 6475
Leased Land: No
Book: 3235
Page: 70
Map: 11
Lot: 29
Zoning: Downtown Commercial
Zoning Overlay: Yes
Full Tax Amount $: 10210.87
Tax Year: 2025
Tree Growth Y/N: No
Association Y/N: No
Geo Lat: 44.425152
Geo Lon: -69.005751
Contract Information
Status: Active
Original List Price: 675000
List Price: $575,000
Current Price: $575,000
Property Information
Primary Use: Office
Surveyed: Yes
Deed/Conveyance Type Offered: Warranty
Deed: All
Year Built: 1875
Tenancy: Multiple Tenants
Leases: Partial
Total # Floors: 2
SqFt Finished Total: 2040
Lot Size Acres +/-: 0.29
Road Frontage +/-: 138
Commercial Bldg Information
Gross Income: 42900
Office SqFt +/-: 1160
Operating Expenses: 22659
Total Units: 5
Utilities
Utilities On: Yes
Property Features
Location: Downtown
Construction: Wood Frame
Other Structures: Outbuilding
Property Uses: Freestanding Building; Office Building; Other
Basement: Sump Pump; Unfinished
Foundation Materials: Stone
Exterior: Vinyl Siding
Roof: Fiberglass; Shingle
Heat System: Baseboard; Direct Vent Heater; Forced Air; Hot Water
Heat Fuel: Oil; Propane
Cooling: None
Floors: Carpet; Vinyl; Wood
Parking: 11 - 20 Spaces; On Site
Electric: Circuit Breakers
Gas: Bottled
Sewer: Public Sewer
Water: Public
Documents
Floor plan 38 Spring ›Listing Office: Worth Real Estate, Inc.
Last Updated: December - 30 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.