Property profile

59 Main St Rockland, ME 04841

OFF-MARKET
Office buildings
Property ID
US42-0213458
2,892 SF 0.39 ac lot Built 1960
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property, situated on a 0.39-acre lot in Rockland, Maine's coveted South End, presents a unique investment opportunity. Boasting 2,892 square feet of space, the building has historically served as a church, but its Residential B zoning unlocks a wealth of possibilities. With town approval, the property is well-suited for conversion into residential units, including multi-family dwellings, offering significant potential for rental income or owner-occupied living. The expansive footprint provides ample room for creative redevelopment, catering to a variety of uses. The property's convenient location adds to its appeal, offering easy access to local amenities and transportation. Its history as a church suggests strong structural integrity, though prospective buyers should conduct their own due diligence. This is a rare chance to acquire a substantial property in a thriving area, ripe for revitalization and offering considerable return on investment. The property is readily available for showings, allowing for prompt inspections and a swift transaction. Don't miss this chance to transform this versatile space into your next successful venture.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1960
Construction FRAME
Total area 2,892 SF
Lot 0.39 ac (17,102 SF)
APN ROCD M:010K L:01000
UPID US42-0213458

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

59 Main St Rockland, ME 04841-3802
Rockland metro Census 970600 ROCKLAND, ME MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2025
Last sale
$265,000
1 recorded transaction
2025
$265,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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