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    59 Main St Rockland, ME 04841

    Sponsored
    For Sale
    $279,000

    Prime South End location, versatile zoning, huge potential.

    Property size:
    2,892 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    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 Features for 59 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,892 SF
    Lot Size
    16,988 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage 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
    -69.11025
    Latitude
    44.09325

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    FAQs

    What type of property is this?
    Mixed-use property - Prime South End location, versatile zoning, huge potential.
    Where is this mixed-use property located?
    The property is located at 59 Main St Rockland, ME.
    What is the asking price?
    The asking price for this property is $279,000.
    (207) 596-0352
    Request Owner's contact information
    59 Main 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
    59 Main St Rockland, ME 04841
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