Rockport, ME 04856,1044 Commercial ST
Rockport, ME 04856,1044 Commercial ST
Rockport, ME 04856,1044 Commercial ST
Listed by Keller Williams Realty
Bought with Keller Williams Realty
$899,000
$899,000
Est.Price: ?

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8,036 SqFt
SOLD DATE : 05/04/2021

Key Details

Sold Price $899,000

Property Type Commercial Sale

Sub Type General Commercial

Listing Status Sold

Square Footage 8,036 sqft

MLS Listing ID 1461616

Sold Date 05/04/21

HOA Y/N No

Originating Board Maine Listings

Annual Tax Amount $11,195

Tax Year 2019

Lot Size 3.440 Acres

Acres 3.44

Property Description

New Price at nearly $500k LESS than the appraised value done in 2016! Excellent opportunity to acquire a well-maintained 19-unit motel ideally located along highly traveled Route 1. Close to downtown Rockland, Rockport, and Camden, amenities include a heated outdoor pool, breakfast room, several outdoor sitting areas, and a manager's unit.

Potential for further development as owners previously had plans to build an additional 3,000 sq. ft. building with retail space and another unit.

The sellers have operated the property successfully for 20+ years and have decided to pursue retirement.

Location

State ME

County Knox

Zoning Mixed Business/Res

Direction North on Route 1 from Rockland. On right before Glen Cove.

Rooms

Basement Crawl Space, Finished, Full, Partial, Unfinished

Interior

Cooling A/C Units

Exterior

Garage 21+ Spaces, On Site, Paved

View Y/N No

Parking Type 21+ Spaces, On Site, Paved

Building

Lot Description Near Shopping

Sewer Public Sewer

Water Public

Structure Type Wood Frame

Others

Energy Description Oil, Electric

Financing Conventional

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Maine MLS (MREIS) IDX

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Paul Rondeau

+1(207) 229-7613

Broker Associate | License ID: BA923327

Broker Associate License ID: BA923327

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