For Sale
$1,900,000

337 Commercial StRockport, ME 04856

Added:
Dec 11, 2024
Days on market:
115

Highlights

  • High demand year-round due to strong Maine midcoast tourism, high traffic counts, and proximity to Camden, Rockport, Belfast, and Rockland.
  • High cap rate based on current income, excluding the value of the separate owner's house.
  • Below-market ADR/RevPAR presents significant revenue and NOI growth potential for a new owner/operator.
  • Separate 3-bedroom home on 4.5 acres offers potential for subdivision and approximately $730,000 in additional value.

Property Details for 337 Commercial St

Property type
Hospitality properties, Motels
Square Feet
10,000 SF
Year Renovated
2022
Buildings
2
Stories
2
Lot Size (sq. ft)
196,020 SF

Location Insight

City
Rockport
County
Knox
State
Maine
Latitude
44.17786537989
Longitude
-69.080167078031
337 Commercial St, Rockport, Maine
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337 Commercial St
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