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Two-Story Mixed-Use Building

340 Main Street, Rockland, ME 04841

For Sale
$425,000

Two leased upper-level suites generate rental income, with the ground floor available for business occupancy or leasing.

Property Size2,951 SF
Price / SF$144.02
Days on Market675

Property Features for 340 Main Street

General Information

Standard status Active
Size 2,951 SF
Property subtype Commercial
Zoning COMMERCIAL

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $8,039

Amenities

full basement
HWBB heating system
CCTV
private bath
private entrance

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: Integrityhomesrealestategroup
Added: Jan 6, 2025 Changed: Nov 11 Last Checked: Nov 11 at 2:14AM

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

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Investment Insights

Based on property information with market context.

At 340 Main Street in Rockland, this 2,951-square-foot mixed-use building dates to 1870 and has two stories with three units. Both second-floor units are leased, while the entire first floor is available for an owner’s business or as rental space. Each unit has a private bathroom, and the floors have separate entrances. A full basement provides storage; the building also has hot-water baseboard heating and CCTV.

The property is zoned COMMERCIAL and sits across from the Strand Theatre and Farnsworth Art Museum in downtown Rockland.

Key Highlights

  • 2,951‑square‑foot, two‑story mixed‑use building constructed in 1870
  • Two leased units occupy the second floor; the full first floor is available for business or rental use
  • All three units have private bathrooms, with separate entrances for the upper and ground floors

Property Analytics

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Open 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
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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 Retail in Northeast region

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two leased upper-level suites generate rental income, with the ground floor available for business occupancy or leasing.
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: 2,951‑square‑foot, two‑story mixed‑use building constructed in 1870; Two leased units occupy the second floor; the full first floor is available for business or rental use; All three units have private bathrooms, with separate entrances for the upper and ground floors
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