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    231 Park St Rockland, ME 04841

    For Sale
    $500,000

    Modern Office Suites, High Visibility, Move-In Ready

    Property size:
    5,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 5,200 square foot office building is ideally situated in Rockland, Maine, at 231 Park Street. Boasting a prime location near major retailers such as Walmart and Tractor Supply, as well as the Hampton Inn, this property offers unparalleled visibility and accessibility. The building is thoughtfully divided into two interconnected suites, providing flexibility for single or multi-tenant occupancy. A simple locking mechanism allows for complete separation of the suites, offering independent functionality. The property is in excellent move-in condition, requiring no immediate renovations or upgrades. Its strategic location also benefits from proximity to other established businesses, including Maritime Energy, Applebee's Restaurant, and the soon-to-be-completed Starbucks/Jersey Mike's Center, along with Midcoast Federal Credit Union. The property sits on a 0.56-acre lot, providing ample parking and potential for future expansion. Furthermore, its incredibly convenient location places it within easy reach of downtown Rockland, Rockland Harbor, and downtown Thomaston, offering employees and clients easy access to a variety of amenities and services. This presents a rare opportunity to acquire a well-maintained, highly visible office building in a thriving commercial area. The asking price for this exceptional property is $500,000.

    Property Features for 231 Park St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,200 SF
    Lot Size
    24,394 SF

    Building Details

    Year Built
    1992
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MaineHealth Care at Home ... Hospice Knox County Parent ... Youth Organization

    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
    -69.12602
    Latitude
    44.10205

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Office Suites, High Visibility, Move-In Ready
    Where is this office property / space located?
    The property is located at 231 Park St Rockland, ME.
    What is the asking price?
    The asking price for this property is $500,000.
    (207) 596-6095
    Request Owner's contact information
    231 Park 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
    231 Park St Rockland, ME 04841
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