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Medical Office Building

199 Park Street, Rockland, ME 04841

For Sale
$179,900

C-1 commercial zoning applies to a building with prior medical-office use.

Property Size768 SF
Price / SF$234.24
Days on Market192

Property Features for 199 Park Street

General Information

Standard status Active
Size 768 SF
Property subtype Commercial
Zoning C-1 commercial

Additional Details

Utilities to Site No

Taxes and HOA fees

Annual Taxes $4,117

Building Details

Building Size 768 SF
Year Built 1952
Stories 1
Listing Agency: Gregory W. Peet Real Estate
Listed By: Gregory Peet
Source: Amerorealty
Added: May 3 Changed: Nov 7 Last Checked: Nov 8 at 5:49PM

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 Gregory W. Peet Real Estate

Rey
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Investment Insights

Based on property information with market context.

Built in 1952, this medical office property has been vacant for approximately 30 years. Vinyl siding was added around 2016, and the roof was replaced around 2020. The central heating system does not operate, public water is shut off, and the electric meter has been removed. The sale includes the building’s contents and is on an as-is basis.

The property is at 199 Park Street in Rockland, Maine, and is zoned C-1 commercial. It remained in the same family’s ownership from 1965 until its current sale offering.

Key Highlights

  • Built in 1952
  • C‑1 commercial zoning
  • Vinyl siding installed around 2016; roof replaced around 2020

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Hair Salon Auto Parts Store Parking Lot & Garage Dental Office Skin Care Clinic Building Supply

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

Location Intelligence

Trade Area within ½ mile

505
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - C-1 commercial zoning applies to a building with prior medical-office use.
Where is this medical office space located?
The property is located at 199 Park Street Rockland, ME.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Built in 1952; C‑1 commercial zoning; Vinyl siding installed around 2016; roof replaced around 2020
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