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Property profile & analytics
OFF-MARKET
Commercial real estate

270 Pleasant St Rockland, ME 04841

11,232 SF 13.55 ac lot Built 1994
Property ID
US42-0403037
Property summary
AI-generated overview

This exceptional 11,232 square foot executive office building, located at 270 Pleasant Street in Rockland, Maine, presents a unique investment opportunity. The Class B property, built in 1994, sits on a generous 13.55-acre lot and boasts 100% occupancy with a single tenant. The building features 18+ individual offices, three conference rooms, and a large ground-level space ideal for meetings, manufacturing, or storage. Ample parking is provided with 21 spaces. The property is zoned 903C and Industrial, offering flexibility for future development. Its prime location near Route 1 provides excellent accessibility. The city of Rockland is actively engaged in reviewing site development plans for various uses, including commercial, manufacturing, residential, and hotel projects. The property is adjacent to a railroad line and an additional 4+ acre lot, also available for purchase. There is a potential for a one-year lease-back agreement with the city. The asking price for this turnkey operation is $1,400,000.

Property profile
Verified
Property type Commercial real estate
Year built 1994
Total area 11,232 SF
Lot 13.55 ac (590,238 SF)
UPID US42-0403037
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
  • Rockland City Hall City Hall City Government Office
  • Rockland Harbor Master City Government Office
  • Rockland Code Enforcement City Government Office
  • Rockland Finance Department City Tax Office
  • Rockland Assessor City Tax Office
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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