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Two-Story Mixed-Use Building
For Sale
$425,000

340 Main Street, Rockland, ME 04841

Two leased upper-level units provide existing rental income, while the ground floor offers business or commercial rental space.

Property Size2,951 SF
Days on Market577

Property Features for 340 Main Street

General Information

Standard status Active
Size 2,951 SF
Property subtype Commercial

Amenities

full basement
HWBB heating system
CCTV security system
private baths
private entrances

Building Details

Building Size 2,951 SF
Year Built 1870
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Better Homes & Gardens Real Estate/The Masiello Group
Listed By: Ronald Gamage
Source: Startpoint
Added: Jan 6, 2025 Changed: Jul 31 Last Checked: Aug 5 at 1:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes & Gardens Real Estate/The Masiello Group

Investment Insights

Based on property information with market context.

This two-story mixed-use building contains three units, with two fully leased units on the second floor and the entire first floor available for an owner-operated business or commercial rental use. Each unit includes a private bath, while the second-floor units have a separate entrance and the first floor has its own private entrance. A full basement provides storage, and the building is equipped with HWBB heating and CCTV security equipment.

Built in 1870, the property is located at 340 Main Street in downtown Rockland, directly across from the Strand Theatre and the Farnsworth Art Museum. The configuration combines existing second-floor rental occupancy with flexible first-floor commercial space in a downtown setting.

Key Highlights

  • Two fully leased second‑floor units with separate entrance
  • Entire first floor available for business use or commercial rental space
  • Three units, each with a private bath

Property Analytics

Current Use

Rose & Oak Midwifery Midwife Sam Smith Body ... Alternative Medicine Practice Kaja Hopps Massage ... Alternative Medicine Practice

Suggested Use

Top Pick Dental Office Auto Parts Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Locksmith Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

774
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Electronics 18% Home Improvements & Furnishings 6% Dining 6%
TD Bank Shops & Services
3,272 visits/mo 0.2 miles
Verizon Electronics
1,418 visits/mo 0.3 miles
KeyBank Shops & Services
1,318 visits/mo 0.0 miles
Carquest Auto Parts Shops & Services
772 visits/mo 0.2 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
465 visits/mo 0.4 miles

Demographics for 04841, ME

6,936
Population
4,073
Households
1.7
Avg Household Size
48
Median Age
36%
College-Educated
91%
High-School Grad
12.8 sq mi
ZIP Area
542
Density / Sq Mi
$55,276
Median Household Income
$35,874
Median Earnings
$986
Median Rent
$234,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two leased upper-level units provide existing rental income, while the ground floor offers business or commercial rental space.
Where is this mixed-use property located?
The property is located at 340 Main Street Rockland, ME.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two fully leased second‑floor units with separate entrance; Entire first floor available for business use or commercial rental space; Three units, each with a private bath
More about this property
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