Nordic Aquafarms lists Belfast site for sale after scrapping salmon farm plans.
Nordic Aquafarms has put its 53.9-acre property in Belfast, Maine, on the market for $2 million, following its decision to abandon plans for a land-based salmon farm.
The site, located at 285 Northport Avenue, was originally permitted for up to 807,254 square feet of industrial space. The listing, managed by real estate firm Porta & Co., highlights ocean views, U.S. Route 1 frontage, and zoning that allows for residential, hospitality, and industrial development, according to a report from Maine Biz. The property includes two garages and a brick building.
Nordic Aquafarms first announced its Belfast project in January 2018, proposing a land-based salmon farm with an annual production capacity of 66 million pounds at full buildout, alongside hatcheries and processing facilities. The company had planned to invest $150 million in the first phase of development.
By 2021, the project had received full regulatory approval, and Nordic purchased the site from the Belfast Water District. However, a long-running legal dispute over intertidal land needed for intake and discharge pipes ultimately derailed the project.
In 2024, the Belfast City Council vacated its earlier decision to seize the contested mudflats through eminent domain, leaving Nordic without access to the waterfront. Shortly after, the company withdrew its plans for the facility.
