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    Commercial Property in Belgrade Lakes Title is generated by Realmo AI

    2 Rome Road, Rome, ME 04963

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    Claim this Listing
    For Sale
    $227,000

    COMMERCIAL - Rome, ME

    Property size:
    1,864 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $121/SF
    Added:
    May 13, 2026
    Days on Market:
    58
    Last Refresh:
    Jul 8 at 11:06 pm

    Property Features for 2 Rome Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Interior features
    Storage
    Basement
    Walk-Out Access, Daylight, Full
    Standard status
    Active
    Size
    1,864 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1262

    Utilities

    Heating system
    Forced Air, Oil

    Building Details

    Year built
    1900
    Flooring type
    Concrete, Wood
    Building materials
    Steel Frame, Wood Frame, Clapboard, Vinyl Siding, Wood Siding
    Roof type
    Composition, Shingle, Metal
    Additional Structures
    Storage

    We can help!

    Contact an agent
    Linda Schultz

    Listing agent Linda Schultz

    Listing office Portside Real Estate Group 221 Main Street, Belgrade Lakes, ME

    Listing date May 13, 2026

    MLS# 1657871

    Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Historic commercial building at the intersection of busy Route 27 and Route 225 in Rome for high traffic exposure
    • Full functionable ground floor includes 1,728 sq ft with retail space plus office, workshop, bonus room, and utility room
    • Ground floor layout features a 30x43 retail space, 10x7 office, small work shop, and 6x8 bonus room
    • Additional main‑floor rooms include two offices (10x12), entryway (8.5x10), and an oversize studio (32x44)
    • 32x44 studio with new LED lighting, 9 new 58x32'' windows, refinished cedar floor, and new ceiling insulation
    • Major reconstruction includes 2021 walk‑out basement with steel beam support, plus new wiring, new heating system, and chimney

    Overview

    This historic commercial property is located at the intersection of Route 27 and Route 225 in Rome, Maine, offering significant traffic exposure. The property presents an opportunity for establishing a business in the Belgrade Lakes Region. Originally constructed in the mid-1900s, the structure has undergone major reconstruction. In 2021, a full walk-out basement with steel beam support was added. The ground floor provides 1,728 square feet of space, including a 10x7 office, a small workshop, a 6x8 bonus room, a 30x43 retail space, and a utility room. The main floor features two 10x12 offices, an 8.5x10 entryway, and a 32x44 studio. The studio includes new LED lighting, nine 58x32 windows, a refinished cedar floor, and new ceiling insulation. The property has new wiring with LED lighting throughout, a new heating system, and a new chimney. Situated on a 0.11-acre lot, the property is a short drive from the Belgrade Lakes Village, combining historic charm with modern integrity in a central Maine location.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $26.8k $14.40
    − Vacancy −$1.1k −$0.60
    EGI $25.7k $13.80
    − OpEx −$7.7k −$4.14
    NOI $18.0k $9.66
    1,864 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $257.1K
    $225.0K – $300.0K (±1% cap)
    NOI $18,000 @ 7.0% cap · market cap 7.93%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Warehouse
    $2.78M
    $2.43M – $3.24M (±1% cap)
    NOI $194,664 @ 7.0% cap · market cap 85.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    HVAC Service Plumbing Service Building Supply Parking Lot & Garage Big Box & Wholesale Store Kitchen & Bath Showroom Discount Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Kennebec
    State
    Maine
    Longitude
    -69.90067
    Latitude
    44.575053

    FAQs

    What type of property is this?
    Storefront property - Historic commercial property with high traffic exposure in Rome, Maine.
    Where is this storefront property located?
    The property is located at 2 Rome Road Rome, ME.
    What is the asking price?
    The asking price for this property is $227,000.
    What are key features of this property?
    This property features: Historic commercial building at the intersection of busy Route 27 and Route 225 in Rome for high traffic exposure; Full functionable ground floor includes 1,728 sq ft with retail space plus office, workshop, bonus room, and utility room; Ground floor layout features a 30x43 retail space, 10x7 office, small work shop, and 6x8 bonus room
    (207) 215-9805
    We can help!
    Contact an agent
    Linda Schultz
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