185 Belmont AveBelfast, ME 04915

  • Industrial properties
  • 6,672 SF
For Sale
$1,750,000 View listing

Property Details for 185 Belmont Ave

Lot size
25.00 AC
Property size (Sq ft)
6,672 SF
Property type
Industrial properties
APN
BELF M:002 L:025
APU
BELFM002L025

Description

This exceptional 6,672 sq ft industrial property in Belfast, ME, presents a rare opportunity. Located on Route 3, less than a mile from US Route 1, this offering includes both the real estate and the established business, State Sand & Gravel, Inc., operating successfully since 1929. The business provides a diverse range of products including redi-mixed concrete, washed sand, gravel, various sizes of stone (crushed on-site), sandy loam, lime rock, crusher dust, and two sizes of concrete barrier retaining wall blocks, catering to residential, commercial, and industrial clients. Key assets include a crusher plant (1975, upgraded 2024), a concrete batch plant (1995), and a 400-ton cement silo (1975). The sale includes an existing office building and maintenance garage, along with a fleet of eleven registered heavy highway vehicles, a loader, and additional equipment. This turnkey operation sits on approximately 120 acres, with multiple deeds and portions of the property surveyed. This is a remarkable opportunity for an entrepreneur seeking a well-established, profitable business with significant land holdings. The property's strategic location and diverse product offerings position it for continued success.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,262,603
    Hospitality
    $1,156,538
    Educational
    $962,226
    Medical
    $995,318
    Retail
    $1,496,796

Location Insight

City
Belfast
County
Waldo
State
Maine
Latitude
44.4168
Longitude
-69.0614

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,516
$198,600
$324,600
$523,200
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