38 Spring Street, Belfast, ME 04915
$575,000
Property Type:
Multi-Family
Baths:
2
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# 1602052
Location Information
Book: 3235
Leased Land: No
Page: 70
Map: 11
Lot: 29
Zoning Overlay: Yes
Association: No
Tree Growth 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: 44.425182
Geo Lon: -69.00573
Property Information
Surveyed: Yes
Seasonal: No
Owner Occupied: No
Number of Units: 1
Deed/Conveyance Type Offered: Warranty
Deed: All
Lot Size Acres +/-: 0.29
Total Baths: 2
Total Half Baths: 1
Color: White
Road Frontage: Yes
Road Frontage +/-: 138
Source of Road Frontage: Survey
SqFt Finished Above Grade: 2040
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Garage: No
Garage Spaces: 0
Total Full Baths: 1
Year Built: 1875
SqFt Finished Total: 2040
Source of Acreage: Public Records
Site
Open: 1
Sidewalks: 1
Location
Business District: 1
Roads
Paved: 1
Public: 1
Water Info
Water Frontage: No
Water View: No
Style
Colonial: 1
Construction
Wood Frame: 1
Other Structures
Outbuilding: 1
Basement
Sump Pump: 1
Unfinished: 1
Foundation Materials
Stone: 1
Exterior
Vinyl Siding: 1
Wood Siding: 1
Roof
Fiberglass: 1
Shingle: 1
Heat System
Baseboard: 1
Direct Vent Heater: 1
Forced Air: 1
Hot Water: 1
Building Info
# Heating Units: 2
Heat Fuel
Oil: 1
Propane: 1
Income & Expenses
Gross Income: 42900
Operating Expenses: 22659
Cooling
None: 1
Floors
Carpet: 1
Vinyl: 1
Wood: 1
Units
# of 1 BD Units: 1
Parking
11 - 20 Spaces: 1
On Street: 1
Unit 1
Lease: Yes
Level: Second
Security Deposit: No
Monthly Rent: 1350
# Full Baths: 1
# of Half Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Utilities
Utilities On: Yes
Gas
Bottled: 1
Sewer
Public Sewer: 1
Water
Public: 1
Driveway
Paved: 1
Basement Entry
Interior: 1
Water Heater
Electric: 1
Off Heating System: 1
Equipment
Internet Access Available: 1
Vehicle Storage
No Vehicle Storage: 1
Contract Information
Status: Active
Original List Price: 675000
List Price: $575,000
Current Price: $575,000
Property Features
Site: Open; Sidewalks
Location: Business District
Roads: Paved; Public
Style: Colonial
Construction: Wood Frame
Other Structures: Outbuilding
Basement: Sump Pump; Unfinished
Basement Entry: Interior
Foundation Materials: Stone
Exterior: Vinyl Siding; Wood Siding
Roof: Fiberglass; Shingle
Heat System: Baseboard; Direct Vent Heater; Forced Air; Hot Water
Heat Fuel: Oil; Propane
Water Heater: Electric; Off Heating System
Cooling: None
Floors: Carpet; Vinyl; Wood
Equipment: Internet Access Available
Driveway: Paved
Parking: 11 - 20 Spaces; On Street
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: Bottled
Sewer: Public Sewer
Water: Public
Documents
Floor plan 38 Spring ›
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.