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Property profile & analytics
OFF-MARKET
Office buildings

231 Park St Rockland, ME 04841-2127

4,990 SF 0.56 ac lot Built 1992
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US42-0424701
Property summary
AI-generated overview

This exceptional 5,200 square foot office building is ideally situated in Rockland, Maine, at 231 Park Street. Boasting a prime location near major retailers such as Walmart and Tractor Supply, as well as the Hampton Inn, this property offers unparalleled visibility and accessibility. The building is thoughtfully divided into two interconnected suites, providing flexibility for single or multi-tenant occupancy. A simple locking mechanism allows for complete separation of the suites, offering independent functionality. The property is in excellent move-in condition, requiring no immediate renovations or upgrades. Its strategic location also benefits from proximity to other established businesses, including Maritime Energy, Applebee's Restaurant, and the soon-to-be-completed Starbucks/Jersey Mike's Center, along with Midcoast Federal Credit Union. The property sits on a 0.56-acre lot, providing ample parking and potential for future expansion. Furthermore, its incredibly convenient location places it within easy reach of downtown Rockland, Rockland Harbor, and downtown Thomaston, offering employees and clients easy access to a variety of amenities and services. This presents a rare opportunity to acquire a well-maintained, highly visible office building in a thriving commercial area. The asking price for this exceptional property is $500,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1992
Construction FRAME
Total area 4,990 SF
Lot 0.56 ac (24,331 SF)
APN ROCD M:054A L:10000
UPID US42-0424701
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • MaineHealth Care at Home Rockland Nursing Home
  • Knox County Parent Education Child Welfare Organization Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
St Euphemia Orthodox Chrc · 1 yrs held
St Euphemia Orthodox Chrc
since 2025
Last sale
$465,000
2 recorded transactions
2025
$465,000
2023
$500,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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