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:
12/15/2025
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
Book: 3235
Leased Land: No
Page: 70
Map: 11
Lot: 29
Zoning Overlay: Yes
Tree Growth Y/N: No
Association Y/N: No
Street #: 38
Street Name: Spring
Street Type: Street
County: Waldo
Town: Belfast
State/Province: ME
Zip Code: 04915
Zip +4: 6475
Zoning: Downtown Commercial
Full Tax Amount $: 10210.87
Tax Year: 2025
Geo Lat: 44.425152
Geo Lon: -69.005751
Property Information
Primary Use: Office
Surveyed: Yes
Deed/Conveyance Type Offered: Warranty
Deed: All
Lot Size Acres +/-: 0.29
Tenancy: Multiple Tenants
Leases: Partial
Road Frontage +/-: 138
Total # Floors: 2
Year Built: 1875
SqFt Finished Total: 2040
Location
Downtown: 1
Commercial Bldg Information
Gross Income: 42900
Office SqFt +/-: 1160
Operating Expenses: 22659
Total Units: 5
Property Uses
Freestanding Building: 1
Office Building: 1
Other: 1
Construction
Wood Frame: 1
Other Structures
Outbuilding: 1
Basement
Sump Pump: 1
Unfinished: 1
Foundation Materials
Stone: 1
Exterior
Vinyl Siding: 1
Roof
Fiberglass: 1
Shingle: 1
Heat System
Baseboard: 1
Direct Vent Heater: 1
Forced Air: 1
Hot Water: 1
Heat Fuel
Oil: 1
Propane: 1
Cooling
None: 1
Floors
Carpet: 1
Vinyl: 1
Wood: 1
Parking
11 - 20 Spaces: 1
On Site: 1
Electric
Circuit Breakers: 1
Utilities
Utilities On: Yes
Gas
Bottled: 1
Sewer
Public Sewer: 1
Water
Public: 1
Contract Information
Status: Active
Original List Price: 675000
List Price: $575,000
Current Price: $575,000
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
Listing Office:
Worth Real Estate, Inc.
IDX
Last Updated: December - 15 - 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.

Floor plan 38 Spring ›