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Investment Highlights

  • Stunning opportunity for a fresh new downtown business.

Executive Summary

Unique development opportunity in downtown Belfast! Open, elevated .46 acre lot with sweeping, protected views of Penobscot Bay, Belfast Commons and the Harbor Walk. Adjacent to the infamous, year-round indoor farmers' market and just steps from central Belfast's local shops and eateries. This location is a stunning opportunity for a fresh new downtown business as well as short-term or permanent housing. Lot is mixed-use; the future building must have commercial space on the first floor, allowing for residential space on the second and third floors. Trees along the northern side of the property provide privacy from the adjacent lot. Public water, sewer, and three-phase power are available at the street. Bring your biggest dreams to become part of Belfast's vibrant downtown community!

Property Facts

Price $749,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Hotel
  • Storefront, Retail or Residential
Total Lot Size 0.38 AC
Opportunity Zone Yes
Zoning Downtown Commercial - No setbacks. Parking req's may be relaxed with PB approval, see broker for info. Residential and hospitality permitted uses with PB approval.

1 Lot Available

Lot

Price $749,000
Price Per AC $1,628,260.87
Lot Size 0.46 AC

Unique development opportunity in downtown Belfast! Open, elevated .46 acre lot with sweeping, protected views of Penobscot Bay, Belfast Commons and the Harbor Walk.

Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
  • Listing ID: 40621480

  • Date on Market: 5/21/2026

  • Last Updated:

  • Address: 1 Miller St, Belfast, ME 04915

Contact the Sale Advisor

1 Miller St

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