Commercial Property in Belgrade
2 Rome Road Rome, ME 04963
2 Rome Road, Rome, ME, 04963
$227,000
For Sale
$227,000
COMMERCIAL - Rome, ME
Property Size1,864 SF
Lot Size0.11 Acres
Price / SF$121.78
Days on Market66
Property Features for 2 Rome Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Interior features
- Storage
- Basement
- Walk-Out Access, Daylight, Full
- Standard status
- Active
- Size
- 1,864 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1262
Utilities
- Heating system
- Forced Air, Oil
Building Details
- Year built
- 1900
- Flooring type
- Concrete, Wood
- Building materials
- Steel Frame, Wood Frame, Clapboard, Vinyl Siding, Wood Siding
- Roof type
- Composition, Shingle, Metal
- Additional Structures
- Storage
Listing Agency
Portside Real Estate Group
(207) 495-3700
221 Main Street, Belgrade Lakes, ME
Listed by
Linda Schultz
(207) 215-9805
Added: May 13 Checked: Jul 17 at 4:06 am
MLS# 1657871
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic commercial property is located at the intersection of Route 27 and Route 225 in Rome, Maine, offering significant traffic exposure. The property presents an opportunity for establishing a business in the Belgrade Lakes Region. Originally constructed in the mid-1900s, the structure has undergone major reconstruction. In 2021, a full walk-out basement with steel beam support was added. The ground floor provides 1,728 square feet of space, including a 10x7 office, a small workshop, a 6x8 bonus room, a 30x43 retail space, and a utility room. The main floor features two 10x12 offices, an 8.5x10 entryway, and a 32x44 studio. The studio includes new LED lighting, nine 58x32 windows, a refinished cedar floor, and new ceiling insulation. The property has new wiring with LED lighting throughout, a new heating system, and a new chimney. Situated on a 0.11-acre lot, the property is a short drive from the Belgrade Lakes Village, combining historic charm with modern integrity in a central Maine location.
Key Highlights
- Historic commercial building at the intersection of busy Route 27 and Route 225 in Rome for high traffic exposure
- Full functionable ground floor includes 1,728 sq ft with retail space plus office, workshop, bonus room, and utility room
- Ground floor layout features a 30x43 retail space, 10x7 office, small work shop, and 6x8 bonus room
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.8k | $14.40 |
| − Vacancy | −$1.1k | −$0.60 |
| EGI | $25.7k | $13.80 |
| − OpEx | −$7.7k | −$4.14 |
| NOI | $18.0k | $9.66 |
1,864 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$257.1K
$225.0K – $300.0K
NOI $18,000 @ 7.0% cap · market cap 7.93%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.78M
$2.43M – $3.24M
NOI $194,664 @ 7.0% cap · market cap 85.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Historic commercial property with high traffic exposure in Rome, Maine.
Where is this storefront property located?
The property is located at 2 Rome Road Rome, ME.
What is the asking price?
The asking price for this property is $227,000.
What are key features of this property?
This property features: Historic commercial building at the intersection of busy Route 27 and Route 225 in Rome for high traffic exposure; Full functionable ground floor includes 1,728 sq ft with retail space plus office, workshop, bonus room, and utility room; Ground floor layout features a 30x43 retail space, 10x7 office, small work shop, and 6x8 bonus room
