59 Main St Rockland, ME 04841
- Office buildings
- 2,892 SF
- 0.39 lot acres
Current Use by Public Records
- Office buildings
Property Details for 59 Main St
- Year built
- 1960
- Construction
- FRAME
- Lot size
- 0.39 lot acres
- Property size
- 2,892 SF
- Property type
- Office buildings
- APN
- ROCD M:010K L:01000
- APU
- ROCDM010KL01000
Description
This exceptional mixed-use property, situated on a 0.39-acre lot in Rockland, Maine's coveted South End, presents a unique investment opportunity. Boasting 2,892 square feet of space, the building has historically served as a church, but its Residential B zoning unlocks a wealth of possibilities. With town approval, the property is well-suited for conversion into residential units, including multi-family dwellings, offering significant potential for rental income or owner-occupied living. The expansive footprint provides ample room for creative redevelopment, catering to a variety of uses. The property's convenient location adds to its appeal, offering easy access to local amenities and transportation. Its history as a church suggests strong structural integrity, though prospective buyers should conduct their own due diligence. This is a rare chance to acquire a substantial property in a thriving area, ripe for revitalization and offering considerable return on investment. The property is readily available for showings, allowing for prompt inspections and a swift transaction. Don't miss this chance to transform this versatile space into your next successful venture.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $230,000
- 6.5%
- $230,000
- 7%
- $255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $230,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $200,000
- Retail
- $195,000
- Mixed-Use
- $225,000
- Hospitality
- $260,000
- Educational
- $205,000
- Residential Income
- $230,000
- Energy
- $265,000
- Income-Based Land
- $195,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Rockland
- County
- Knox
- State
- Maine
- Longitude
- -69.1102
- Latitude
- 44.0933
- CBSA code
- 40500
- CBSA name
- ROCKLAND, ME MICROPOLITAN STATISTICAL AREA