394 Old County Rd Rockland, ME 04841-5509
This exceptional multi-use property at 394 Old County Road in Rockland, Maine, presents a unique investment opportunity. Situated on a 3.5-acre lot, this meticulously maintained Cape-style building boasts 5,846 square feet of versatile space. The property is ideally located just 5 minutes from downtown Rockland, 10 minutes from Rockport, and 15 minutes from Camden, offering easy access to the region's thriving arts community, shopping, and picturesque harbor. The commercial space features a well-designed salon area, complete with several private treatment rooms perfect for tanning, nail services, and spa treatments. A sizable additional salon space is located in the walk-out basement, providing ample room for expansion or the creation of a separate rental unit. The residential component includes two spacious two-bedroom apartments within the main building. Each apartment offers a comfortable living area, updated bathrooms, and a well-equipped kitchen. Ample parking is available with a paved driveway, parking area, and an additional gravel lot. The expansive lot offers significant privacy and potential for future development or the addition of outdoor amenities. This property is an ideal investment for a business owner seeking a combined residential and commercial venture, or for an investor looking for a high-return opportunity in a desirable coastal location. Please note that a single-wide trailer and 0.5 acres of the original property are not included in this sale.
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Salty Waves Salon Hair Salon Nail Salon
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Visual Changes (Now @ Salty Waves Salon) Hair Salon Nail Salon
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.