Upper-Level Mixed-Use
1 Park Drive #1, Rockland, ME 04841
For Sale
$882,000
The 15,715-square-foot condominium unit is occupied by a museum and restaurant, with both occupants seeking leaseback arrangements.
Property Size15,715 SF
Price / SF$56.12
Days on Market941
Property Features for 1 Park Drive #1
General Information
Standard status
Size
Property subtype
Zoning
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Floor
Amenities
meeting rooms
catering kitchen
offices
restrooms
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Midcoast Realty Group
(207) 707-5200
Listed By:
Penney Read · License #BR923014
(207) 701-1230
Source:
Amerorealty
Added: Apr 12, 2024
Changed: Nov 7
Last Checked: Nov 7 at 6:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Midcoast Realty Group
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Investment Insights
Based on property information with market context.
Comprising the full upper floor at 1 Park Drive, this 15,715-square-foot commercial condominium was built in 1975 and is zoned 995, Commercial. Current occupants are the Lighthouse Museum and Park St. Grill, both interested in leasing back their spaces under agreed terms. The restaurant lease has about 2 years remaining. The interior also includes two meeting rooms, a catering kitchen, offices, and restrooms.
The property adjoins a public park and marine landing, has water views, and is about half a block from Main Street. The ground-floor condominium unit is marketed separately; the two units may be acquired individually or together. Combined ownership would represent 70% of the condominium association’s voting shares.
The property adjoins a public park and marine landing, has water views, and is about half a block from Main Street. The ground-floor condominium unit is marketed separately; the two units may be acquired individually or together. Combined ownership would represent 70% of the condominium association’s voting shares.
Key Highlights
- 15,715‑square‑foot upper‑level commercial condominium
- Occupied by the Lighthouse Museum and Park St. Grill; both occupants seek leasebacks
- Park St. Grill lease has about 2 years remaining
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Electronics 18%
Home Improvements & Furnishings 6%
Dining 6%
TD Bank
Shops & Services
3,272 visits/mo
0.2 miles
Verizon
Electronics
1,418 visits/mo
0.3 miles
KeyBank
Shops & Services
1,318 visits/mo
0.0 miles
Carquest Auto Parts
Shops & Services
772 visits/mo
0.2 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
465 visits/mo
0.4 miles
Demographics for 04841, ME
6,936
Population
4,073
Households
1.7
Avg Household Size
48
Median Age
36%
College-Educated
91%
High-School Grad
12.8 sq mi
ZIP Area
542
Density / Sq Mi
$55,276
Median Household Income
$35,874
Median Earnings
$986
Median Rent
$234,400
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Knox County, ME
Properties on Market for Mixed-use properties in Knox County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The 15,715-square-foot condominium unit is occupied by a museum and restaurant, with both occupants seeking leaseback arrangements.
Where is this mixed-use property located?
The property is located at 1 Park Drive #1 Rockland, ME.
What is the asking price?
The asking price for this property is $882,000.
What are key features of this property?
This property features: 15,715‑square‑foot upper‑level commercial condominium; Occupied by the Lighthouse Museum and Park St. Grill; both occupants seek leasebacks; Park St. Grill lease has about 2 years remaining
