About this home
This offering presents a ±34.12-acre mixed-use development opportunity located along U.S. Route 1 in Rockport, Maine, one of the Midcoast region's primary commercial corridors. The property consists of two contiguous parcels: a ±3-acre front parcel with approximately 250 feet of direct Route 1 frontage, and a ±31.12-acre rear parcel offering significant scale for development. The front parcel includes an existing commercial pad, paved entrance, on-site electric, and access to public water and sewer at the road, providing immediate usability and strong visibility for commercial applications. The site benefits from 250± feet of direct frontage on Route 1, along with an additional 50-foot right-of-way access point to the rear acreage, supporting flexible site planning and circulation. Zoned Mixed Use (907), the property allows for a wide range of permitted uses, including commercial, multi-family, residential, medical, and professional development. The configuration of the site supports multiple development strategies, including commercial frontage, multi-family or residential expansion, commercial pad development, or a phased mixed-use project. The rear parcel extends over 2,000 feet in depth and provides a large, contiguous block of land suitable for scaled development. The combination of frontage, access, utilities, and zoning flexibility positions the property as a rare development platform within a market characterized by limited available land and strong demand for both housing and services. The property should be viewed as a flexible, high-upside development opportunity capable of supporting a range of project types and exit strategies.
Listing last checked: Listing updated:
Listed by Listing Agent · EXP Realty · MLS #1659570
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Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities4 property facts
- Lot size
- 34.12 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- 907
Location
Estimated monthly cost
Explore costs at the $4,300,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$21,743 / monthAdjust
- Principal & interest
- $21,743
- Property tax
- Not entered
- Insurance
- Not entered
- HOA
- Not entered
Annual property taxes were not supplied. HOA amount was not supplied.
Partial estimate: add property tax, insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About M6L137L141 Commercial Street
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Request a tour of M6L137L141 Commercial Street and a Bean Group agent will help coordinate an available time with the listing side.
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