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Investment Highlights

  • Prime Route 1 frontage with existing commercial pad, paved entrance, and utilities at the road, offering immediate development potential.
  • 250± ft Route 1 frontage with direct access plus additional 50’ ROW access, supporting flexible site design and circulation.
  • ±34.12 acres with 3-acre commercial frontage and 31.12-acre rear parcel, supporting large-scale residential, commercial, or mixed-use development.

Executive Summary

This offering presents a rare opportunity to acquire ±34.12 acres of mixed-use development land along U.S. Route 1 in Rockport, Maine, one of the Midcoast region’s primary commercial and commuter corridors. The property is comprised of two contiguous parcels: a ±3-acre front parcel (Lot 137) with approximately 250 feet of direct Route 1 frontage, and a ±31.12-acre rear parcel (Lot 141) providing substantial scale for development.
The front parcel offers strong visibility and exposure to consistent daily traffic, making it well-suited for commercial uses such as retail, medical, professional office, or service-based businesses. This frontage can serve as both a stand-alone commercial opportunity or as the anchor component of a larger, integrated development.
Behind the frontage, the property expands into a large, contiguous block of land extending over 2,000 feet in depth. This rear acreage provides significant flexibility for a variety of development strategies, including residential, multi-family, commercial expansion, or a hybrid mixed-use concept.
The property benefits from dual access points via two 50-foot-wide right-of-way corridors, enhancing site circulation, development flexibility, and the potential for increased density. This dual-access configuration is a key advantage for larger-scale planning and phased development.
Zoned Mixed Use District (907), the property supports a wide range of permitted uses, including commercial, residential, multi-family, professional, medical, and hospitality-related development. This zoning flexibility allows developers to tailor a project to current and future market demand without being constrained to a single use type.
Public water and sewer are available at Route 1, providing a critical infrastructure advantage and reducing the need for extensive off-site utility investment. The site is generally level, heavily wooded, and considered buildable based on available information, offering a strong foundation for site planning and development.
The property’s configuration and scale support multiple viable development strategies, including:
• Mixed-use development integrating commercial frontage with residential or multi-family expansion
• Commercial pad development through internal road infrastructure, allowing for 14–20 potential pad sites
• Residential or multi-family development within the rear acreage, with the potential for approximately 80–140+ units (subject to approvals)
• Hybrid campus-style development incorporating medical, professional, residential, or institutional uses
• Phased development, subdivision, or partial disposition over time
The Rockport, Camden, and Rockland corridor represents one of Maine’s most desirable coastal markets, characterized by strong property values, limited available development land, and continued demand for both housing and commercial services. The area also benefits from seasonal population increases, further supporting long-term development viability.
Opportunities of this scale, with direct Route 1 frontage, available utilities, flexible zoning, and dual access, are extremely limited within the Midcoast region. The property should be viewed as a development platform capable of supporting a range of high-value outcomes rather than a single-use land offering.
The property is offered at $4,300,000. Pricing reflects the intrinsic value of the Route 1 frontage, the scale and usability of the rear acreage, and the overall development potential of the site. Final valuation will ultimately be driven by a purchaser’s development strategy, engineering approach, and execution plan.
Prospective buyers are encouraged to conduct their own due diligence regarding zoning, site engineering, utilities, environmental conditions, and development feasibility.

Data Room Click Here to Access

Property Facts

Price $5,839,400 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Auto Dealership
  • Auto Repair
  • Bank
  • Bar
  • Baseball Field
  • Bowling Alley
  • Carwash
  • Casino
  • Community Centre
  • Contractor Storage Yard
  • Department Store
  • Distribution
  • Drugstore
  • Fast Food
  • Food Processing
  • General Freestanding
  • Golf Course or Driving Range
  • Healthcare
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Hotel
  • Industrial Live or Work Unit
  • Industrial Park
  • Lumberyard
  • Manufactured Homes or Mobile Home Park
  • Master Planned Community
  • Medical
  • Motel
  • Movie Theater
  • Neighbourhood Centre
  • Office Park
  • Open Space
  • Outlet Centre
  • Parking Garage
  • Parking Lot
  • Planned Unit Development
  • Police or Fire Station
  • Post Office
  • Power Centre
  • Public Library
  • Public Park
  • Research and Development
  • Recycling Centre
  • Regional Mall
  • Rehabilitation Centre
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Schools
  • Self Storage
  • Single Family Development
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Centre
  • Supermarket
  • Theater or Concert Hall
  • Trailer or Camper Park
  • Truck Stop
  • Truck Terminal
  • Utility Substation
  • Veterinarian or Kennel
  • Warehouse
  • Water Retention Facility
  • Timberland
  • Single Family Residence
Total Lot Size 33.90 AC

1 Lot Available

Lot 137, 141

Price $5,839,400 CAD
Price Per AC $171,143.03 CAD
Lot Size 34.12 AC

±34.12-acre mixed-use development site with Route 1 frontage. 3-acre front parcel + 31.12-acre rear acreage. Utilities at road, dual access, and flexible zoning supporting commercial, residential, or hybrid development.

Description

The subject property consists of approximately ±34.12 acres of mixed-use development land located along U.S. Route 1 in Rockport, Maine. The offering includes two contiguous parcels: a ±3-acre front parcel (Lot 137) with approximately 250 feet of direct frontage on Route 1, and a ±31.12-acre rear parcel (Lot 141) providing substantial scale for future development. The front parcel is improved with an existing commercial pad and a paved entrance directly off Route 1, offering immediate access and usability. This portion of the property provides strong visibility and exposure along a primary regional corridor, making it well-suited for commercial, retail, medical, or professional office use. Existing on-site electric service further enhances the immediate development potential of the frontage. The rear parcel extends over 2,000 feet from the road, forming a large, contiguous block of land that is well-suited for a variety of development configurations. The size and layout of this acreage allow for flexible site planning, including internal road networks, phased development, and clustered or large-scale project design. Access to the rear acreage is provided by two separate 50-foot-wide right-of-way corridors. One provides direct access from the front parcel, while the second provides an additional point of access from Route 1 via an abutting property. This dual-access configuration supports improved traffic flow, emergency access, and increased flexibility in site design and permitting. Public infrastructure is available at the street, including public water and sewer, significantly reducing development complexity and cost. Combined with existing electric service on site, the property offers a strong foundation for both commercial and residential development. The site is generally level and heavily wooded, allowing developers the flexibility to selectively clear and design the property to suit a wide range of uses. Based on available information, the land is considered buildable, subject to standard due diligence and permitting requirements. Zoned within the Mixed Use District (907), the property supports a broad range of permitted uses, including commercial, residential, multi-family, professional, medical, and service-oriented development. This zoning flexibility allows for multiple development paths, including single-use or integrated mixed-use projects. The overall configuration of the property creates a natural development dynamic, with commercial frontage along Route 1 and expansive acreage behind it. This layout is well-suited for projects that benefit from both visibility and scale, such as mixed-use developments, multi-family communities with commercial amenities, commercial pad expansion, or campus-style developments incorporating multiple uses. With existing site improvements, available utilities, dual access, and significant contiguous acreage, the property represents a highly functional and adaptable development site within a supply-constrained Midcoast Maine market.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • ROCT-000006-000000-000141
  • ROCT-000006-000000-000137
Land Assessment
$340,368 CAD
Improvements Assessment
$9,979 CAD
Total Assessment
$350,347 CAD
  • Listing ID: 40307465

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 845+ Commercial St, Rockport, ME 04856

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