Bought with Keller Williams Realty
$899,000
$899,000
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1044 Commercial ST Rockport, ME 04856
8,036 SqFt
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 Sub-Type General Commercial
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
Rooms
Basement Crawl Space, Finished, Full, Partial, Unfinished
Interior
Cooling A/C Units
Exterior
Parking Features 21+ Spaces, On Site, Paved
Utilities Available 1
View Y/N No
Building
Lot Description Near Shopping
Sewer Public Sewer
Water Public
Structure Type Wood Frame
Others
Energy Description Oil, Electric
Read Less
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