8 Main St Rockland, ME 04841
- Office buildings
- 5,671 SF
- 0.35 lot acres
Current Use by Public Records
- Travel Maine / Travel Agency
- RFB Advertising / Advertising Agency
- Bowers CPA / Certified Public Accountant
Property Details for 8 Main St
- Year built
- 1845
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.35 lot acres
- Property size
- 5,671 SF
- Property type
- Office buildings
- APN
- ROCD M:012A L:02000
- APU
- ROCDM012AL02000
Description
This exceptional commercial property, located at 8 N North Main Street in the heart of Rockland, Maine, presents a unique investment opportunity. Boasting 5,671 square feet of space spread across three floors, this building offers ample room for a variety of commercial uses. The strategic location provides dual access points, conveniently situated on both North Main Street and Leland Street, ensuring high visibility and accessibility for customers and employees. On-site parking accommodates 10-15 vehicles, a significant advantage in a bustling downtown area. The property also includes a valuable outbuilding complete with a loading dock, ideal for efficient goods handling and storage. Enjoy breathtaking Rockland Harbor water views from the second and third floors, enhancing the overall appeal and creating a desirable work environment. A second-floor deck provides an additional outdoor space, perfect for relaxation or client meetings. The 0.35-acre lot provides ample space for the building and parking. Priced at $1,000,000, this property represents a compelling investment in a thriving Maine coastal community. The combination of size, location, amenities, and harbor views makes this a truly exceptional commercial offering.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $395,000
- 7%
- $370,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $375,000
- Geo Method
- $430,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $375,000
- Retail
- $430,000
- Mixed-Use
- $410,000
- Hospitality
- $405,000
- Educational
- $415,000
- Residential Income
- $405,000
- Energy
- $405,000
- Income-Based Land
- $390,000
- Food Service
- $425,000
Location Insight
- Map
- Local Demand
- City
- Rockland
- County
- Knox
- State
- Maine
- Longitude
- -69.1103
- Latitude
- 44.1098
- CBSA code
- 40500
- CBSA name
- ROCKLAND, ME MICROPOLITAN STATISTICAL AREA