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    75 Front St Rockland, ME 04841

    Sponsored
    For Sale
    $2,995,000

    Prime Waterfront Investment Opportunity in Maine

    Description

    Added:
    Jan 24, 2025
    Days on Market:
    347
    This exceptional mixed-use property, located at 75 Front St, Rockland, ME 04841, presents a rare waterfront development opportunity on 2.7 acres. The property boasts a prime location just off Route 1, within walking distance of downtown Rockland's attractions. Built in 1960 and 1983, the property is zoned GD, WF-4, allowing for residential development on the upper lot, offering stunning panoramic oceanfront views. Currently operating as a successful full-service boatyard catering to high-end clientele, the property includes boat storage, boat services, dingy floats with a transferable submerged lease (expandable, unrestricted by federal channels), an on-site boat launch ramp, and existing moorings. The asking price is $2,995,000. This presents a unique chance to capitalize on both the existing profitable business and the significant potential for future expansion and development. The property's waterfront access to Penobscot Bay adds considerable value and appeal. This is a truly remarkable investment opportunity in a desirable Maine coastal location.

    Property Features for 75 Front St

    General Information

    Property type
    Marinas
    Lot Size
    117,612 SF

    HighLights

    • $2,995,000 asking price for this mixed‑use waterfront property.
    • 2.7‑acre lot in Rockland, Maine, with permitted GD and WF‑4 zoning.
    • Built in 1960 and 1983, offering substantial expansion potential.
    • Prime waterfront location on Penobscot Bay with boat launch, moorings, and transferable submerged lease for dingy floats.
    • Located near Route 1, within walking distance of Rockland's downtown attractions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ocean Pursuits Marine ... Boat Repair Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockland
    County
    Knox
    State
    Maine
    Longitude
    -69.102388492355
    Latitude
    44.11469659777

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    FAQs

    What type of property is this?
    Marina - Prime Waterfront Investment Opportunity in Maine
    Where is this marina located?
    The property is located at 75 Front St Rockland, ME.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: $2,995,000 asking price for this mixed-use waterfront property.; 2.7-acre lot in Rockland, Maine, with permitted GD and WF-4 zoning.; Built in 1960 and 1983, offering substantial expansion potential.
    Request Owner's contact information
    75 Front St Rockland, ME 04841
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    Rockland, ME 04841
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    Realmo Value Estimation

    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.

    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.

    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
    75 Front St Rockland, ME 04841
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