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Published on: Friday, January 30, 2026

Updated on: Friday, January 30, 2026

About the Lister

Name: Douglas Erickson, CCIM

Company: SVN The Masiello Group

Office Phone: (207)-49-5-7518

Cell Phone: (207) 446-3333

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4 Chestnut St

4 Chestnut St Rockland Maine , 04841

SVN The Masiello Group
Listing ID: CL-Maine-27325 Co-op /Multifamily

Purchase Option

Asking Price: $599,000.00

Acquisition Option: Traditional Purchase

Cap Rate (%): Contact Lister

Net Operating Income: Contact Lister

Quick Glance

Listing ID: CL-Maine-27325

Status: Accepting Offers

Financing: Third Party Financing

Occupancy: N/A

Year Build: 1918

Building Size: 3,922.00 SqFt

Lot Size: N/A

No of Stories: 3

No of Parking: N/A

Offer to Millionaire Club: No

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

Attached Documents

Download | 4 Chestnut Street Flyer.pdf ( 1,224.09KB)

Listing Summary

Spacious in-town lot with generously sized units, located a short distance from Rockland's downtown restaurants, shops, Hannaford, Planet Fitness, and more.

Complete Details

Year Build: 1918

Building Size: 3,922 SqFt.

No of Stories: 3

Total Lot Area: N/A Acre

No of Parking: N/A

No of Total Units: 5

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: A

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Not Specified

Occupancy: 0%

Full Description

Location Profile

The Best of Downtown Rockland

Located on a spacious parcel just minutes from the city center, this property offers unrivaled access to Rockland’s most frequented destinations. Whether it’s grocery shopping at Hannaford, a workout at Planet Fitness, or a night out at an award-winning restaurant, everything is within easy reach. This central hub serves as a high-demand commuter pocket within the thriving Midcoast Maine rental market.

Property Quick Facts

Feature	Details
Total Units	5 (All 1BR / 1BA)
Lot Type	Oversized In-Town Lot
Parking	Ample Off-Street
Investment Profile	Value-Add (Below Market Rents)
Walkability	High (Downtown, Retail, Grocery)

Additional Properties

Property Highlights

Unit Mix: Five (5) 1-Bedroom / 1-Bathroom apartments.
Upside Potential: Rents are currently below market; significant room for adjustment.
Utility Strategy: Modest heating costs currently owner-paid; high potential for tenant-utility conversion.
Site Features: Expansive in-town lot with a large backyard and abundant off-street parking.
Location: High-demand area walkable to Hannaford, downtown shops, and Rockland’s top restaurants.

Additional Links

Other: https://svnmasiellogroup.com/property-search/4-chestnut-st-rockland-sale/
Other: https://svnmasiellogroup.com/
Social: https://www.facebook.com/DougEricksonCommercialRE/
Social: https://www.linkedin.com/in/douglas-erickson-7993278/
Social: https://www.instagram.com/svnmasiellogroup/
Social: https://www.linkedin.com/company/svn-the-masiello-group/
Social: https://shre.ink/5dOX

Contacts

No Additional Contacts.

Listing Location

Lister's other Properties

Title: 115 Limerock Street Address: 115 Limerock Street , Rockland Maine 04841 Listing ID: CL-Maine-27330 Listing Type: Commercial Category: Multifamily - Co-op	Status: Accepting Offers Created On: 1/30/2026 Modified On: 1/30/2026
Title: Commercial Opportunity – Rockland, ME Address: 5 Payne Ave , Rockland Maine 04841 Listing ID: CL-Maine-27329 Listing Type: Commercial Category: Industrial - Warehouse	Status: Accepting Offers Created On: 1/30/2026 Modified On: 1/30/2026
Title: Industrial Property For Sale Address: 164 New County Road , Rockland Maine 04841 Listing ID: CL-Maine-27328 Listing Type: Commercial +Lease Category: Industrial - Other	Status: Accepting Offers Created On: 1/30/2026 Modified On: 1/30/2026
Title: Historic Three-Story Office Building Address: 429 Main St , Rockland Maine 04841 Listing ID: CL-Maine-27326 Listing Type: Commercial Category: Office - Office Condo	Status: Accepting Offers Created On: 1/30/2026 Modified On: 1/30/2026

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