421-423 Main St St, Rockland, ME 04841
This exceptional mixed-use property at 421-423 Main Street in Rockland, Maine, presents a compelling investment opportunity. The building, constructed of attractive brick, offers a diverse range of income-generating spaces totaling approximately 5,304 square feet on a 0.03-acre lot. The ground floor features valuable street-level commercial space, ideal for a variety of retail or service businesses. Above, the second floor houses two professional office spaces, perfectly suited for medical practices, legal firms, or other professional services. The third floor comprises two apartment units, providing additional rental income streams. The property's crown jewel is a luxurious owner's suite located on the top floor, boasting breathtaking bird's-eye harbor views. This suite offers a unique blend of comfort and convenience. Adding to the property's potential, there's the possibility of converting the second-floor office spaces into additional residential units, significantly increasing the property's value and rental income. The building benefits from its highly desirable location on Main Street, providing excellent visibility and accessibility. Convenient public parking is also readily available nearby. Surrounded by a vibrant mix of boutiques, professional offices, restaurants, and retail shops, this property enjoys a prime location within Rockland's thriving downtown area. The asking price for this six-unit property is $1,195,000. This is a rare chance to acquire a well-positioned, income-producing asset in a sought-after Maine coastal town.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.