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Property profile & analytics
OFF-MARKET Estimated value $675,000
Investment properties

394 Old County Rd Rockland, ME 04841-5509

4,016 SF 4 ac lot Built 2011
Entity Owned 1-yr Hold
Property ID
US42-0197107
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Salty Waves Salon Hair Salon Nail Salon
  • Visual Changes (Now @ Salty Waves Salon) Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$723k
Blend (final) Blend
$675k
Owner & transaction history
C And J Midcoast Prop LLC · 1 yrs held
C And J Midcoast Prop LLC
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $830,000 +36.5%
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