1 Park Drive #1, Rockland, ME 04841 (MLS # 1588217)

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PRICE $882,000 dsIDX morgage calculator
SIZE 15,715 sqft
LOT SIZE 3.11 ac

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.

LAST UPDATED 5/2/2024 YEAR BUILT 1975
COUNTY Knox STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
BUYER'S BROKERAGE COMPENSATION 2.4000
HOA DUES 5000
LOT 3.11 acre(s)
LOT DESCRIPTION Waterfront
MLS STATUS Active
WATERFRONT Yes
WATERFRONT DESCRIPTION Ocean Front
ZONING 995, Commercial
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TOTAL MONTHLY PAYMENT

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Listing provided by Midcoast Realty Group

Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

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