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Property profile & analytics
OFF-MARKET Estimated value $790,000
Retail properties & Spaces

305 Main St Rockland, ME 04841-3303

2,515 SF 0.05 ac lot Built 1900
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US42-0458392
Property summary
AI-generated overview

This exceptional retail property at 305 Main Street in Rockland, Maine, offers 4,360 square feet of completely vacant space, ideal for a single tenant or multiple occupants. The building, constructed in 1900 and extensively renovated in 2023, boasts a two-story structure with a total of 4,360 square feet. Units are divisible, with a minimum leasable space of 1,600 square feet and a maximum contiguous space of 2,760 square feet. The property is situated on a 0.05-acre lot in Rockland's vibrant downtown area, zoned Downtown Zone (DT), ensuring high visibility and foot traffic. Parking is conveniently available via street parking. This location provides excellent access to Rockland's bustling commercial district and its diverse population. The property's recent renovation ensures modern amenities and a fresh, updated aesthetic, making it an attractive option for a variety of retail businesses. This is a rare opportunity to secure a prominent retail space in a thriving Maine coastal community. The property is located in Knox County and has a zip code of 04841. The building's prime location and recent renovation make it an exceptional investment opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1900
Construction FRAME
Total area 2,515 SF
Lot 0.05 ac (2,358 SF)
APN ROCD M:001H L:09000
UPID US42-0458392
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$780k
CAP Approach CAP
by Request
Comparable Approach Comparable
$690k
Blend (final) Blend
$790k
Owner & transaction history
Rsp Main1 LLC · 1 yrs held
Rsp Main1 LLC
since 2025
Last sale
$850,000
4 recorded transactions
2025
$850,000
2023
$850,000
2021
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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