Rockport, ME 04856,886 Commercial ST
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Rockport, ME 04856,886 Commercial ST
Rockport, ME 04856,886 Commercial ST
Rockport, ME 04856,886 Commercial ST
Rockport, ME 04856,886 Commercial ST
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Listed by Portside Real Estate Group
$ 10,500,000
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886 Commercial ST Rockport, ME 04856

9,561 SqFt


UPDATED:

Key Details

Property Type Commercial Sale

Sub Type General Commercial

Listing Status Active

Square Footage 9,561 sqft

MLS Listing ID 1647042

HOA Y/N No

Year Built 1993

Annual Tax Amount $41,415

Tax Year 2025

Lot Size 11.100 Acres

Acres 11.1

Property Sub-Type General Commercial

Source Maine Listings

Land Area 9561

Property Description

This is a portfolio offering: 886, 898 and 904 Commercial Street. 4 buildings, 4 tax maps, 11 acres. See tax map overview pdf in documents.

This immaculate two-portfolio sister property sits on an 11 acre oceanfront hillside estate in Rockport, Maine, offering 42 rooms, two heated pools, one with vanishing edge, thoughtful landscaping, expansion opportunity, and a beautiful view of Ram Island and Penobscot Bay.

A true bonus at this offering is the beautiful manager or owner's apartment, with newly remodeled kitchen with granite, large island which opens to the great room featuring a wall of picture windows facing the ocean. There's a full bedroom with ensuite bath, plus a hall bath, and office area. This can be rented as a luxury short or long term suite to add to the revenue stream.

Total of 21 units at Strawberry Hill Inn, all in one building. At Island View Inn: the large building has 15 units; the next building to the north has 3 rental units + owner's quarters (with the infinity pool); the small building to the north of that has 3 units (one is a suite that is part of the rental pool, the other 2 units upstairs are occupied by the owner's family). 40 of the 42 units are being rented at the present time.


The Strawberry Hill and Island View Portfolio represent a rare opportunity to acquire a proven, income-producing hospitality portfolio in one of midcoast Maine's most sought-after, Route One coastal destinations.

Both properties see consistently strong seasonal occupancy fueled by steady tourism demand, alongside growing off-season business. Strawberry Hill has been operated year round, new owners could also keep Island View open year round as well. With expansive, scarce waterfront acreage, impeccably maintained buildings and grounds, clear potential for further development, and a prime location, this portfolio offers immediate revenue strength and exceptional long-term appreciation potential in a market with limited waterfront competition.

Location

State ME

County Knox

Zoning 907-Mixed Bus/Res.

Rooms

Basement Walk-Out Access, Partial, Unfinished

Exterior

Parking Features 21+ Spaces, Off Site, Paved

View Y/N No

Building

Lot Description Waterfront, Water View, Business District

Story 2

Structure Type Wood Frame


Maine MLS (MREIS) IDX
Jeffrey Jolicoeur

Jeffrey Jolicoeur

Team Leader, Broker | BR916783

+1(207) 649-6893

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886 Commercial ST