8 Main StRockland, ME 04841
- Office properties
- 5,671 SF
Property Details for 8 Main St
- Year built
- 1845
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.35 AC
- Property size (Sq ft)
- 5,671 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- ROCD M:012A L:02000
- APU
- ROCDM012AL02000
Description
This exceptional commercial property, located at 8 N North Main Street in the heart of Rockland, Maine, presents a unique investment opportunity. Boasting 5,671 square feet of space spread across three floors, this building offers ample room for a variety of commercial uses. The strategic location provides dual access points, conveniently situated on both North Main Street and Leland Street, ensuring high visibility and accessibility for customers and employees. On-site parking accommodates 10-15 vehicles, a significant advantage in a bustling downtown area. The property also includes a valuable outbuilding complete with a loading dock, ideal for efficient goods handling and storage. Enjoy breathtaking Rockland Harbor water views from the second and third floors, enhancing the overall appeal and creating a desirable work environment. A second-floor deck provides an additional outdoor space, perfect for relaxation or client meetings. The 0.35-acre lot provides ample space for the building and parking. Priced at $1,000,000, this property represents a compelling investment in a thriving Maine coastal community. The combination of size, location, amenities, and harbor views makes this a truly exceptional commercial offering.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $937,586
- 6.5%
- $865,464
- 7%
- $803,645
-
Comparable approach
- Method
- Valuation
- Relative Method
- $740,973
- Geo Method
- $740,973
-
Alternative Use
- Use
- Valuation
- Residential
- $1,073,175
- Hospitality
- $983,023
- Educational
- $817,863
- Medical
- $845,991
- Retail
- $1,272,232
Location Insight
- City
- Rockland
- County
- Knox
- State
- Maine
- Latitude
- 44.1098
- Longitude
- -69.1103
- 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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- Please email our support team at [email protected] and they will add the team member.
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