680 Commercial StRockport, ME 04856

  • Other commercial real estate
  • 12,569 SF
For Sale
$2,300,000 View listing

Property Details for 680 Commercial St

Year built
1900
Construction
FRAME
Lot size
6.88 AC
Property size (Sq ft)
12,569 SF
Property type
Other commercial real estate
APN
ROCT M:010 B:190
APU
ROCTM010B190

Description

This exceptional mixed-use property at 680 Commercial Street in Rockport, Maine, presents a compelling redevelopment opportunity. The 6.88-acre lot features three buildings totaling 31,720 square feet, situated on a highly visible section of Route One in the heart of Midcoast Maine. The property includes approximately 20,652 square feet of office/retail space, a 7,180 square feet warehouse building, and a 3,888 square feet residential building. The buildings boast stunning architectural details, reflecting their 1900 construction. The property is zoned for Mixed Business Residential use, offering considerable flexibility for future development. Three loading docks are available at the warehouse. Ample on-site parking is provided. The asking price is $2,300,000, translating to $72.51 per square foot. The property's APN is Map 10, Lot 190, and it's located in Knox County, Maine, zip code 04856. This unique offering combines historical charm with significant redevelopment potential in a desirable Maine coastal location. The three-story buildings offer a variety of possibilities for adaptive reuse and expansion. This is an exceptional opportunity for investors seeking a high-impact project in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,378,546
    Hospitality
    $2,178,736
    Educational
    $1,812,682
    Medical
    $1,875,024
    Retail
    $2,819,728
680 Commercial St, Rockport, Maine

Location Insight

City
Rockport
County
Knox
State
Maine
Latitude
44.1558
Longitude
-69.0844
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
2022
$24,011
$298,000
$1,256,100
$1,554,100
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