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Mixed-Use Property with Duplex

319-321 Commercial Street, Rockport, ME 04856

For Sale
$625,000

A renovated two-unit residence and a leased commercial space support rental use under mixed-use zoning.

Property Size6,000 SF
Price / SF$104.17
Days on Market153

Property Features for 319-321 Commercial Street

General Information

Standard status Active
Size 6,000 SF
Property subtype Multi Family Home
Zoning mixed use

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,929

Building Details

Building Size 6,000 SF
Year Built 2014
Buildings 2
Units 2
Listing Agency: Legacy Properties Sotheby's International Realty
Listed By: Aaron Crossman
Source: Kiefferrealestate
Added: Jun 15 Changed: Nov 12 Last Checked: Nov 13 at 5:35AM

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 Legacy Properties Sotheby's International Realty

Rey
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Investment Insights

Based on property information with market context.

The property combines a renovated duplex with a 4,000-square-foot commercial building featuring an oversized garage door. The duplex may be operated as a long-term rental or a short-term vacation rental. The commercial space is currently occupied by a gym under a lease running through 2030.

Mixed-use zoning applies, and the property is a short walk from Rockport Harbor.

Key Highlights

  • Renovated duplex with long‑term rental or vacation‑rental use
  • 4,000‑square‑foot commercial building with an oversized garage door
  • Commercial building currently used as a gym, with a lease through 2030

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop HVAC Service Auto Parts Store Plumbing Service Furniture & Home Goods Pharmacy

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby

Demographics for 04856, ME

3,644
Population
1,959
Households
1.9
Avg Household Size
51
Median Age
48%
College-Educated
93%
High-School Grad
21.6 sq mi
ZIP Area
169
Density / Sq Mi
$93,169
Median Household Income
$32,418
Median Earnings
$1,175
Median Rent
$415,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Knox County, ME

$178 Jul
$217 Aug
$207 Sep
$203 Oct

Properties on Market for Mixed-use properties in Knox County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A renovated two-unit residence and a leased commercial space support rental use under mixed-use zoning.
Where is this mixed-use property located?
The property is located at 319-321 Commercial Street Rockport, ME.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Renovated duplex with long‑term rental or vacation‑rental use; 4,000‑square‑foot commercial building with an oversized garage door; Commercial building currently used as a gym, with a lease through 2030
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