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Listed by Dana Moos Portside Real Estate Group
$10,500,000
Est. payment /mo
9,561 SqFt
Active
886 Commercial ST Rockport, ME 04856
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Key Details
Property Type Commercial
Sub Type General Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,561 sqft
Price per Sqft $1,098
MLS Listing ID 1647042
HOA Y/N No
Year Built 1993
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.
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.
Direction Route 1 in Rockport, just south of Pen Bay Medical.
Rooms
Other Rooms Shed(s)
Basement Walk-Out Access, Partial, Unfinished
Exterior
Parking Features 21+ Spaces, Off Site, Paved
Building
Lot Description Waterfront, Water View, Business District
Story 2
Others
Tax ID ROCT-000006-000000-000173
Nearby Locations
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