Property profile

394 Old County Rd Rockland, ME 04841

OFF-MARKET
Investment properties
Property ID
US42-0197107
4,016 SF 4 ac lot Built 2011
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2011
Construction FRAME
Total area 4,016 SF
Lot 4 ac (174,240 SF)
APN ROCD M:078A L:06001
UPID US42-0197107

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Hair Salon Nail Salon

Location

394 Old County Rd Rockland, ME 04841-5509
Rockland metro Census 970700 ROCKLAND, ME MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$723k
Blend (final) Blend
$325k

Owner & transaction history

since 2025
Last sale
$650,000
7 recorded transactions
2025
Price N/A
2025
$650,000
2023
Price N/A
2020
Price N/A
2020
Price N/A
2016
Price N/A
2011
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $830,000 +36.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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