38 Spring St

Belfast, ME 04915

$575,000
Price
2
Beds
2,040 Sq. Ft.
$282 / Sq. Ft.
2,040
Sq. Ft.
$282
per Sq. Ft.
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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...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.
  1. Listed by Samuel Mitchell • Worth Real Estate, Inc.

Property Details for 38 Spring Street

Waterfront
No
ArchitecturalStyle
Colonial
Garage Spaces
.00
Garage
No
Zoning
Downtown Commercial
LISTING UPDATED: 12/10/2025 01:06 PM

Property Details for 38 Spring Street

StatusActive
MLS #1602052
Days on Market466
Taxes$10,211 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1875
Lot Size0.29 AC / 12,632 SF
CountyWaldo County

Location

Listing Courtesy of Worth Real Estate, Inc.
Add your commute

Building Information for 38 Spring Street

Stories-Residences1Year Built1875Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$3,692 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,841

Property Taxes

$851

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 38 Spring Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 6475
  • Directions: 38 Spring Street is between Church Street and High Street. This section of Spring Street is one-way, enter from Church Street. Ample parking on property.
  • Town: Belfast
  • State/Province: ME
  • Zip Code: 04915
  • County: Waldo
  • Geo Latitude: 44.425182
  • Geo Longitude: -69.00573
  • Tax Lot: 29
  • Site:Open: Yes
  • Site:Sidewalks: Yes
  • Location:Business District: Yes
Parking
  • Parking Features: 11 - 20 Spaces, Paved, On Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 3235
  • Tax Map Number: 11
  • Tax Year: 2025
  • Parcel Number: BELF-000011-000000-000029
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $10,210.87
Virtual Tour
Property
Heating and Cooling
  • Water Heater:Electric: Yes
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2040.0
  • Lot Size Acres: 0.29
  • Source of Acreage: Public Records
  • Building Area Total: 2040.0
  • Lot Size Area: 0.29
  • Lot Size Units: Acres
  • Lot Size Square Feet: 12632.4
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Street Number: 38
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Total Half Baths: 1.00
  • Property Information:Color: White
  • Property Information:Source of Road Frontage: Survey
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1875
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Other Equipment: Internet Access Available
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Fiberglass, Shingle
  • Other Structures: Outbuilding
Interior Features
  • Basement: Interior, Sump Pump, Unfinished
  • Flooring: Wood, Vinyl, Carpet
  • Cooling: None
  • Heating: Hot Water, Forced Air, Direct Vent Heater, Baseboard
  • Foundation Details: Stone
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 1.50
  • Bathrooms Total (Notational): 1.10
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $42,900.00
  • Operating Expenses: $22,659.00
Multi-Family Information
  • Number of Units: 1
  • Building Info:# Heating Units: 2
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: Second
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $1,350.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: 1.00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 38 Spring Street

DateEvent & SourcePriceAppreciation
Aug 26, 2024

Listed (Active)

Maine Listings #1602052

$675,000—
DateEvent & SourcePrice
08/26/2024

Listed (Active)

Maine Listings #1602052

$675,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38 Spring Street

Taxable ValueLand$344,900Additions$280,000Total$624,900
Tax Record2024$9,623 ($802 / month)
Home Facts
Beds5Baths3Total Finished SqFt880 SqFtAbove Grade Finished SqFt880 SqFtStories2Lot Size12,632 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated2000CountyWALDOAPNBELF M:011 L:029

Schools near 38 Spring Street

This home is within Regional School Unit 20.
Rating
School
Type
Grades
Distance
Searsport Elementary School
Public - PK to 5
Searsport District Middle School
Public - 6 to 8
Searsport District High School
Public - 9 to 12
The School At Sweetser - Belfast
Private - 2 to 9
Rating
School
Distance
Searsport Elementary School
PublicPK to 5

Searsport District Middle School
Public6 to 8

Searsport District High School
Public9 to 12

The School At Sweetser - Belfast
Private2 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 38 Spring Street, Belfast, ME 04915

38 Spring Street is a multi-family home for sale in Belfast, ME 04915. This property was listed for sale on August 26, 2024 by Worth Real Estate, Inc., it's currently listed at $575,000. This listing's school district is Regional School Unit 20. Nearby schools include Searsport Elementary School, Searsport District Middle School and Searsport District High School. 38 Spring Street is a 2-bed, 2-bath, 2,040 sqft multi-family home built in 1875.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Worth Real Estate, Inc.

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.