Property summary
This exceptional mixed-use property, located at 75 Front St, Rockland, ME 04841, presents a rare waterfront development opportunity on 2.7 acres. The property boasts a prime location just off Route 1, within walking distance of downtown Rockland's attractions. Built in 1960 and 1983, the property is zoned GD, WF-4, allowing for residential development on the upper lot, offering stunning panoramic oceanfront views. Currently operating as a successful full-service boatyard catering to high-end clientele, the property includes boat storage, boat services, dingy floats with a transferable submerged lease (expandable, unrestricted by federal channels), an on-site boat launch ramp, and existing moorings. The asking price is $2,995,000. This presents a unique chance to capitalize on both the existing profitable business and the significant potential for future expansion and development. The property's waterfront access to Penobscot Bay adds considerable value and appeal. This is a truly remarkable investment opportunity in a desirable Maine coastal location.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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