Rockland, ME 04841,1 Park DR #1
Rockland, ME 04841,1 Park DR #1
Rockland, ME 04841,1 Park DR #1
29
Listed by Midcoast Realty Group
Bought with Non MREIS Agency
$841,000
$882,000
4.6%
Est.Price: ?

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15,715 SqFt

1 Park DR #1 Rockland, ME 04841

SOLD DATE : 12/31/2024

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Key Details

Sold Price $841,000

Property Type Commercial Sale

Sub Type General Commercial

Listing Status Sold

Square Footage 15,715 sqft

MLS Listing ID 1588217

Sold Date 12/31/24

HOA Fees $1,666/qua

HOA Y/N Yes

Originating Board Maine Listings

Year Built 1975

Tax Year 2023

Lot Size 3.110 Acres

Acres 3.11

Property Sub-Type General Commercial

Property Description

This large condo unit consists of the entire upper level of 1 Park Drive. The unit below, at ground level, is also on the market, listed separately. These can be purchased separately or together. Combined, these two units include most of the retail and street facing space. The combined voting shares would be 70% of the condo association.
The building is solidly built and in very good condition. In addition to the museum and restaurant spaces, there are two large meeting rooms, a catering kitchen, several offices, and restrooms.
This building is well suited for additional development, with outstanding waterviews, abutting the public park and marine landing, and is located just half a block from Main St. Possible uses include hotel, residential condominium, restaurant, retail, and more.
Currently this unit is being used by the Lighthouse Museum and Park St. Grill. Both parties are looking to lease back at agreed upon terms. Park St. Grill has about 2 yrs remaining on their lease.
This is a rare opportunity to purchase two units to create a majority ownership share of this condo bulding.

Location

State ME

County Knox

Zoning 995, Commercial

Exterior

Parking Features 1 - 4 Spaces

Waterfront Description Ocean

View Y/N No

Building

Lot Description Water View, Business District, Near Shopping

Structure Type Steel Frame

Others

HOA Fee Include 5000.0

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Maine MLS (MREIS) IDX

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agent

Corey Lee

Agent | License ID: BA924970

+1(207) 314-8443

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