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
Listing Office: Worth Real Estate, Inc.
IDX
Last Updated: December - 15 - 2025
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