421-423 Main St St Rockland, ME 04841
- Mixed-use properties
- 5,304 SF
- 0.03 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 421-423 Main St St
- Year built
- 1850
- Lot size
- 0.03 lot acres
- Property size
- 5,304 SF
- Property type
- Mixed-use properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockland
- County
- Knox
- State
- Maine
- Longitude
- -69.1884
- Latitude
- 44.078