375 Main St Rockland, ME 04841-3304
This exceptional mixed-use property, located at 375 Main Street in the heart of Rockland, Maine, presents a rare investment opportunity. The Joy Building, a well-established landmark, sits on a prominent corner lot at a highly visible, lighted intersection. The building boasts 8,658 square feet spread across three levels. The ground floor comprises three fully leased retail units, each benefiting from ample basement storage space. Upstairs, the second floor offers well-appointed office space, ideal for a variety of professional uses. Constructed in 2000, this building underwent a complete renovation, including a new electrical system, a durable rubber membrane roof, a modern central air conditioning system, and significant interior upgrades. Practical features such as a full wet sprinkler system and a convenient elevator enhance both safety and accessibility. Dedicated parking is available behind the building, accommodating up to four vehicles. The 0.12-acre lot provides ample space and visibility. This property is perfectly suited for an investor seeking a stable, income-generating asset or an owner-occupant looking to establish their business in a thriving downtown location. The combination of existing tenants and the potential for redevelopment makes this a truly unique opportunity in Rockland's vibrant commercial district. The asking price is $1,150,000.
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Home Counselors Family Counselor Non-Profit Organization
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Open Door Wellness Maine Crisis Center Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.