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.
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Location
1 Park Drive, 1, Rockland, ME 04841
Status
Active Under Contract
Property Amenities
Area & Lot
Lot Area3.11 Acres
Living area15,715 Sq.Ft.
MLS® ID1588217
Year Built1975
Water FrontageOcean
TypeCommercial
StatusActive Under Contract
Exterior
Parking1 - 4 Spaces
Lot FeaturesWater View, Business District, Near Shopping
Finance
Sales Price$882,000
HOA Fees$5,000 quarterly
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Our hub of operations here at MidcoastHome Real Estate Services! There's much to say about Rockland; a little city town that's grown up over the years. Once a "pass through" on the way to Camden or Acadia National Park, Rockland has established its own identity as the "Arts Capital of Maine". A vibrant downtown and active Rockland Main Street organization, Rockland is diverse with a working waterfront, the USCG station, cozy restaurants and seafood eateries, shops and galleries. A nice blend of year-round residents and seasonal visitors.
