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    410 Main St Rockland, ME 04841

    Sponsored
    For Sale
    $1,895,000

    MULTI_FAMILY - Rockland, ME

    Property size:
    8,083 SF
    Lot size:
    0.15 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 20 at 8:06 pm

    Property Features for 410 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Downtown
    Rooms
    Bathroom 3, Bathroom 1, Basement, Bathroom 2
    Parking features
    Off Street
    Interior features
    Storage
    Basement
    Full, Unfinished
    Size
    8,083 SF
    Lot size
    0.15 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Other (Heating), Hot Water(Heating)
    Cooling system
    Wall Unit(s), Heat Pump
    Water source
    Public

    Building Details

    Year built
    1860
    Number of units
    3
    Flooring type
    Wood, Tile
    Building materials
    Brick, Masonry
    Roof type
    Composition, Shingle, Membrane
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Brian Wickenden

    Legacy Properties Sotheby's International Realty (207) 780-8900 [email protected]

    Listing agent Brian Wickenden (207) 230-1003

    Listing date Jan 20, 2026

    MLS# 1649696 Listing URL

    Copyright © 2026 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown Rockland Multi-Use Building

    Located in downtown Rockland, this multi-use building offers a street-level retail space featuring a renovated storefront, a separate kitchen, and two bathrooms, with the potential to convert it into two separate retail units each with its own entrance. A spacious workshop space at the back of the building, complete with a private entrance and its own bathroom, is suitable for commercial rental. The second and third floors house two furnished two-bedroom vacation rental units, each featuring sunny living spaces, high ceilings, modern kitchens, and laundry facilities. The top floor offers a private one-bedroom residence with a rooftop deck showcasing ocean views, a professional kitchen with a gas range, a spa-like primary bathroom, a mudroom entry with laundry and built-ins, and spacious living areas. The property includes a private parking lot with space for 8 cars. The building spans over 8,083 square feet of finished space and includes a large and usable basement. Additional features include a sprinkler system, security system, top of the line heating systems, split unit air conditioners, and Wi-Fi throughout. The lot size is 0.15 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockland
    County
    Knox
    State
    Maine
    Longitude
    -69.109329
    Latitude
    44.104507

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    FAQs

    What type of property is this?
    Mixed-use property - Multi-use building in downtown Rockland with retail and residential units.
    Where is this mixed-use property located?
    The property is located at 410 Main St Rockland, ME.
    What is the asking price?
    The asking price for this property is $1,895,000.
    What are key features of this property?
    This property features: - Multi-use building with income potential from two furnished vacation rental units and a street-level retail space.; - Enjoy ocean views from your private 1-bedroom residence with rooftop deck.; - Over 8,000 sq ft of finished space in excellent condition, including a large basement.
    (207) 230-1003
    Request Owner's contact information
    410 Main St Rockland, ME 04841
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    Rockland, ME 04841
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    410 Main St Rockland, ME 04841
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    We can help!
    Listing Contact
    Brian Wickenden
    (207) 230-1003
    Learn more
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