Bought with Porta & Company
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Key Details
Sold Price $550,000
Property Type Commercial Sale
Sub Type Retail
Listing Status Sold
Square Footage 10,066 sqft
MLS Listing ID 1476891
Sold Date 04/30/21
HOA Y/N No
Originating Board Maine Listings
Year Built 1964
Annual Tax Amount $12,310
Tax Year 2020
Lot Size 0.880 Acres
Acres 0.88
Property Sub-Type Retail
Property Description
9,376± SF leased to Family Dollar, Inc.
0.88± AC site along Route 1
Single-tenant investment opportunity
Modified Gross lease with strong tenant since 2003
14,130 average daily traffic count (MEDOT 2017)
Recession and pandemic protected tenant
Rockland is Maine's most up and coming city; boasting a diverse and vibrant local economy.
Sale Price: $675,000 (9.02% cap or $72/SF)
Location
State ME
County Knox
Zoning Commercial - C1
Exterior
Parking Features 21+ Spaces, On Site, Paved
View Y/N No
Roof Type Flat,Membrane
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Other
Others
Energy Description Gas Natural
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