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    1113 Commercial St Rockport, ME 04856

    Sponsored
    For Sale
    $529,900

    Prime Rockport location, mixed-use potential, two dwellings.

    Property size:
    2,107 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional Rockport property presents a unique investment opportunity, boasting a versatile mixed-use zoning designation. Situated on a generous 1.54-acre lot at 1113 Commercial Street, this property comprises two distinct dwellings and an outbuilding, offering significant potential for commercial rental income. The main house, a substantial 1,342 square feet, features a spacious first floor with a living area, dining room, and full bath. Upstairs, three bedrooms and another full bath provide ample living space. A finished basement offers further flexibility, potentially serving as a studio, office, or even a converted in-law apartment. Complementing the main house is a brand-new mobile home (added in 2023), spanning 765 square feet with two bedrooms and one and a half baths. This addition provides versatile living options, suitable for family members, guests, rental income, or a dedicated workspace. Adding to the property's commercial appeal is a 2012-constructed outbuilding, ideal for businesses requiring sanitary facilities. Equipped with floor drains, a hand wash sink, and a refrigeration cooler unit, this outbuilding is ready for various commercial uses. The property also includes a detached two-car garage. High visibility from Route 1 enhances the commercial rental potential. This property offers a rare blend of residential comfort and significant commercial possibilities, making it an attractive investment in a desirable Rockport location.

    Property Features for 1113 Commercial St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,107 SF
    Lot Size
    67,082 SF

    Building Details

    Year Built
    1890
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockport
    County
    Knox
    State
    Maine
    Longitude
    -69.09682
    Latitude
    44.12794

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Rockport location, mixed-use potential, two dwellings.
    Where is this mixed-use property located?
    The property is located at 1113 Commercial St Rockport, ME.
    What is the asking price?
    The asking price for this property is $529,900.
    (207) 596-6095
    Request Owner's contact information
    1113 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
    1113 Commercial St Rockport, ME 04856
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