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    1053 Commercial St Rockport, ME 04856

    Sponsored
    For Sale
    $279,000

    Historic Lodge, Prime Location, High Visibility

    Property size:
    5,636 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 5,636 square foot mixed-use property, located at 1053 Commercial Street in Rockport, Maine, presents a unique investment opportunity. Situated on a 1.46-acre lot, this classic lodge boasts beautiful woodwork throughout, offering a rich history and undeniable charm. The building features a sizable kitchen, two half bathrooms, and formal rooms ideal for various uses. A notable highlight is the existing stage, suggesting potential for entertainment or event spaces. The property benefits from public water and sewer connections, simplifying operational logistics. Its elevated position provides a seasonal water view, enhancing its appeal. High visibility from Route 1 ensures significant exposure to a substantial volume of traffic, making it an attractive location for a diverse range of businesses. The substantial square footage and versatile layout offer considerable flexibility for adaptive reuse, catering to a variety of commercial ventures. This property represents a rare chance to acquire a landmark building in a thriving Maine coastal community, ripe with potential for a discerning investor or entrepreneur. The ample lot size also provides potential for future expansion or development. Don't miss this opportunity to own a piece of Rockport's history and vibrant commercial landscape.

    Property Features for 1053 Commercial St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,636 SF
    Lot Size
    63,598 SF

    Building Details

    Year Built
    1920
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockport
    County
    Knox
    State
    Maine
    Longitude
    -69.09517
    Latitude
    44.13175

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    FAQs

    What type of property is this?
    Mixed-use property - Historic Lodge, Prime Location, High Visibility
    Where is this mixed-use property located?
    The property is located at 1053 Commercial St Rockport, ME.
    What is the asking price?
    The asking price for this property is $279,000.
    (207) 236-9626
    Request Owner's contact information
    1053 Commercial St Rockport, ME 04856
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    Rockport, ME 04856
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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
    1053 Commercial St Rockport, ME 04856
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