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1 Miller St 0.46 Acres of Commercial Land Offered at $1,059,910 CAD in Belfast, ME 04915

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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	$1,059,910 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Hospitality Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Hotel Storefront, Retail or Residential
No. Lots	1	Total Lot Size	0.38 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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.

Price	$1,059,910 CAD
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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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	$1,059,910 CAD	Lot Size	0.46 AC
Price Per AC	$2,304,151.92 CAD

Price	$1,059,910 CAD
Price Per AC	$2,304,151.92 CAD
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.

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