305 Main StRockland, ME 04841
- Retail properties
- 2,515 SF
Property Details for 305 Main St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.05 AC
- Property size (Sq ft)
- 2,515 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
- APN
- ROCD M:001H L:09000
- APU
- ROCDM001HL09000
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $611,233
- 6.5%
- $564,215
- 7%
- $523,914
-
Comparable approach
- Method
- Valuation
- Relative Method
- $828,097
- Geo Method
- $828,097
-
Alternative Use
- Use
- Valuation
- Residential
- $475,936
- Hospitality
- $435,955
- Educational
- $362,710
- Medical
- $375,184
- Retail
- $564,215
Location Insight
- City
- Rockland
- County
- Knox
- State
- Maine
- Latitude
- 44.1024
- Longitude
- -69.1089
- CBSA code
- 40500
- CBSA name
- ROCKLAND, ME MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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