779 Main StRockland, ME 04841
- Other commercial real estate
- 11,200 SF
Property Details for 779 Main St
- Year built
- 1970
- Construction
- STEEL FRAME
- Lot size
- 3.27 AC
- Property size (Sq ft)
- 11,200 SF
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- ROCD M:014B L:02000
- APU
- ROCDM014BL02000
Description
This exceptional 3-acre waterfront property in Rockland, Maine, presents a unique opportunity for industrial or commercial use. The site boasts a prime location, offering unparalleled access to the water. Included is a substantial 11,500 square foot warehouse building, currently vacant and ready for immediate occupancy. The property is zoned Waterfront 3/4, providing flexibility for a variety of potential uses. The expansive land area allows for ample storage, expansion, or development. This single-tenant property is ideal for businesses requiring waterfront access and significant warehouse space. The property's location in the heart of Rockland offers easy access to transportation routes and local amenities. With its combination of land, building, and prime waterfront location, this property represents a rare and valuable opportunity for the right business. The Knox County location and APN 014-0000002 provide further identification. This is a turnkey solution for a business seeking a substantial presence in a thriving coastal Maine community. The existing building provides immediate operational space, while the ample land offers significant potential for future growth and development.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,721,991
- 6.5%
- $2,512,607
- 7%
- $2,333,135
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,687,748
- Geo Method
- $3,687,748
-
Alternative Use
- Use
- Valuation
- Residential
- $2,119,478
- Hospitality
- $1,941,430
- Educational
- $1,615,247
- Medical
- $1,670,798
- Retail
- $2,512,607
Location Insight
- City
- Rockland
- County
- Knox
- State
- Maine
- Latitude
- 44.1114
- Longitude
- -69.1052
- 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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