15 Payne Ave Rockland, ME 04841-2117
This exceptional 3,412 square foot standalone office building presents a unique investment opportunity in Rockland, Maine. Situated on a 1.15-acre lot, the property boasts high visibility and accessibility with two curb cuts directly onto Route 1, offering excellent signage potential. The building's C-2 zoning allows for a diverse range of uses, including retail, office space, service businesses, or even redevelopment projects. A significant advantage is the inclusion of a separate 1,400 square foot garage/flex building, providing ample additional space for storage, workshops, or expansion. The high traffic count of 9,940 (AADT 2022) ensures significant exposure to potential customers and clients. This property is ideal for businesses seeking a prominent location with versatile space and strong potential for growth. The combination of prime location, flexible zoning, and substantial building size makes this an attractive proposition for a variety of commercial ventures. The property's strategic placement along a major thoroughfare, coupled with its ample parking and versatile building configuration, presents a compelling opportunity for both established businesses and new ventures seeking a strong foothold in the Rockland market. The existing structures are well-maintained and ready for immediate occupancy, minimizing upfront investment and maximizing return.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.