189 Northport Avenue

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189 Northport Avenue

Belfast, ME 04915
Asking Price
$650K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront available for purchase at 189 Northport Avenue.
  • Property encompasses a total of 3,051 square feet of space.
  • Asking price for the commercial asset is set at $650,000.
  • Located in Belfast, Maine, within a established coastal business market.
  • Flexible floor plan suitable for diverse retail or commercial tenants.

What's Special

This retail storefront at 189 Northport Avenue in Belfast, Maine, is available for purchase and serves as a functional asset for owner-users or investors looking to establish a presence in this coastal community. The property features 3,051 square feet of space, offering a flexible layout suitable for various retail operations or commercial business models. Belfast maintains a steady local economy supported by its historic downtown district and regional maritime industry, drawing consistent foot traffic from both residents and visitors throughout the Midcoast region. The storefront benefits from its position along a primary corridor, providing visibility and accessibility within the city limits. Investors will find this asset provides a straightforward opportunity to acquire commercial square footage in a stable market characterized by its traditional New England character and active small business environment. Given the square footage and configuration, the space accommodates a range of retail applications, service-oriented businesses, or specialized commercial uses that require a footprint in a well-established municipal center.

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856

Location & Travel Times