78 High Street, Belfast, ME 04915

$888,000
Property Type: Commercial Square Footage: 1,191 Lot Size (sq. ft.): 8,276 Status: Active
Current Price: $888,000 List Date: 1/28/2026 Last Modified: 2/25/2026

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.

Supplements: ********

More Information MLS# 1650449

Location Information

Street #: 78 Street Name: High Street Type: Street County: Waldo Town: Belfast State/Province: ME Zip Code: 04915 Leased Land: No Book: 3400 Page: 52 Map: 37 Lot: 152 Zoning: R2 Zoning Overlay: Unknown Full Tax Amount $: 6190 Tax Year: 2025 Tree Growth Y/N: No Association Y/N: No Geo Lat: 44.424066 Geo Lon: -69.003263

Contract Information

Status: Active Original List Price: 920000 List Price: $888,000 Current Price: $888,000

Property Information

Primary Use: Investment Surveyed: No Deed/Conveyance Type Offered: Quit Claim Year Built: 1912 SqFt Finished Total: 1191 Lot Size Acres +/-: 0.19

Commercial Bldg Information

Gross Income: 72300 Operating Expenses: 20698 Total Units: 6

Water Info

Water Frontage: No Water View: No

Utilities

Utilities On: No

Property Features

Location: Business District; Downtown; Historic District; Near Shopping Recreational Water: Nearby Construction: Wood Frame Property Uses: Commercial; Office Building; Other Basement: Full; Sump Pump Foundation Materials: Granite; Poured Concrete Exterior: Vinyl Siding Roof: Pitched; Shingle Heat System: Baseboard; Hot Water Heat Fuel: Gas Bottled; Oil Cooling: None Floors: Other; Wood Parking: 5 - 10 Spaces Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: Coldwell Banker Realty
Last Updated: February - 25 - 2026
78 High Street, Belfast, ME 04915- MLS# 1650449
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