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    9 Burrows St Rockland, ME 04841

    Sponsored
    For Sale
    $615,000

    Spacious industrial building, ample parking, seller concessions.

    Property size:
    8,100 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 8,100 square foot industrial property, located at 9 Burrows Street in Rockland, Maine, presents a significant opportunity for a variety of industrial uses. The building features a durable metal arched structure and robust concrete floors, complemented by four large overhead garage doors for easy loading and unloading. The interior layout includes two offices conveniently situated near the front entrance, providing a professional workspace. Four additional spaces offer versatile options for storage or additional office areas, catering to diverse operational needs. Heating is efficiently managed by two furnaces – one fueled by heating oil and the other by waste oil, offering cost-effective solutions. The expansive 4.44-acre lot provides ample off-street parking, a significant advantage for businesses requiring substantial vehicle access. The property's history includes the storage of salt and sand for road treatment, highlighting its suitability for related industries. A compelling aspect of this offering is its adjacency to a city-owned 13+ acre property, also available for purchase. The city actively encourages the purchase of either or both properties to facilitate further industrial development, presenting a unique opportunity for expansion or synergistic ventures. Seller concessions are available, making this an attractive investment prospect.

    Property Features for 9 Burrows St

    General Information

    Property type
    Industrial properties
    Square Feet
    8,100 SF
    Lot Size
    193,406 SF

    Building Details

    Year Built
    1989
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Hair Salon Nail Salon Department Store Kitchen & Bath Accounting Firm HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockland
    County
    Knox
    State
    Maine
    Longitude
    -69.12687
    Latitude
    44.09702

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    FAQs

    What type of property is this?
    Industrial property - Spacious industrial building, ample parking, seller concessions.
    Where is this industrial property located?
    The property is located at 9 Burrows St Rockland, ME.
    What is the asking price?
    The asking price for this property is $615,000.
    (207) 707-5200
    Request Owner's contact information
    9 Burrows 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
    9 Burrows St Rockland, ME 04841
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