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  • $575,000

    38 Spring Street, Belfast, ME 04915

    2beds
    2,040sqft
    : 
    Multi Family
    Built in 1875
    -- sqft lot
    $-- Zestimate®
    $282/sqft
    $-- HOA

    What's special

    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.
    473 days
    |
    287
    |
    7
    |

    Zillow last checked: 8 hours ago

    Listing updated: 10 hours ago

    Listed by:

    Worth Real Estate, Inc.

    Source: Maine Listings,MLS#: 1602052MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Direct Vent Heater, Forced Air, Hot Water
    Cooling
    • None
    Features
    • Flooring: Carpet, Vinyl, Wood
    • Basement: Interior Entry
    Interior area
    • Total structure area: 2,040
    • Total interior livable area: 2,040 sqft
    • Finished area above ground: 2,040
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Lot
    • Size: 0.29 Acres
    • Features: Business District
    Details
    • Additional structures: Outbuilding
    • Parcel number: BELFM011L029
    • Zoning: Downtown Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Roof: Fiberglass,Shingle
    Condition
    • Year built: 1875

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & HOA

    Location
    • Region: Belfast

    Financial & listing details

    • Price per square foot: $282/sqft
    • Tax assessed value: $624,900
    • Annual tax amount: $10,210
    • Date on market: 9/3/2024

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    7/21/2025Price change$575,000-14.8%$282/sqft
    Source: Maine Listings #1602052 Report a problem
    9/3/2024Listed for sale$675,000$331/sqft
    Source: Maine Listings #1602052 Report a problem
    11/3/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/1/2023Price change$1,300-7.1%$1/sqft
    Source: Zillow Rentals Report a problem
    10/30/2023Listed for rent$1,400$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$9,623 +94.1%$624,900 +153.4%
    2023$4,957 -2.7%$246,600 +3.6%
    2022$5,093 -2.7%$238,000

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,949/mo
    Principal & interest
    $2230
    Property taxes
    $518
    Home insurance
    $201

      Climate risks

      Neighborhood: 04915

      Nearby schools

      GreatSchools rating

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