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1 Park Drive : Unit 1

Rockland

closing price: $841,000
list price: $882,000
closed: 12/31/2024
beds   ·   baths   ·   15,715 sqft   ·   3.11 acres   ·   taxes: $0   ·   MLS#: 1588217

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.

MORE DETAILS

Structure

  • Year Built : 1975

Site

  • Water Frontage : Yes
  • Water Body Type : Ocean
  • Zoning : 995, Commercial
  • Association Fee : 5000.00
  • Fee Frequency Paid : Quarterly
Listing provided by Midcoast Realty Group

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy