779 Main StRockland, ME 04841

  • Other commercial real estate
  • 11,200 SF
For Lease
$20,796/SF/YR View listing

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
779 Main St, Rockland, Maine

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,076
$816,300
$134,500
$950,800
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-
-
-

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