650 Main St Rockland, ME 04841-3338
This exceptional mixed-use property at 650 Main Street, Rockland, ME presents a unique investment opportunity. The offering encompasses a highly successful, established restaurant known for its popular breakfast and lunch menu, serving fresh, local fare all day. The restaurant is a turnkey operation, fully equipped and ready for immediate continuation. In addition to the main restaurant building, the property includes a separate duplex building with two one-bedroom, one-bathroom units, currently fully rented, providing a consistent rental income stream. An adjacent lot with a storage building adds further potential for expansion or development. The total square footage across all three buildings is 5,164 square feet, situated on a 0.43-acre lot. The property boasts excellent visibility in the heart of downtown Rockland, ensuring high foot traffic and strong brand recognition. This is an exceptional opportunity for an investor seeking a profitable, established business with significant upside potential. Financial details are available to qualified buyers upon execution of a Non-Disclosure Agreement. The property's prime location and the established reputation of the restaurant make this a truly rare and compelling investment. The combined restaurant and rental income streams offer a strong foundation for future growth and profitability. The additional storage building provides flexibility for various uses, potentially expanding the existing business or creating new revenue streams.
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Home Kitchen Cafe Restaurant
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.