Main Street property changes hands

By Stephen Betts | Oct 09, 2019
Photo by: Stephen Betts The nearly quarter-acre lot at 685 Main St. has changed hands.

Rockland — The ownership of a Main Street parcel has changed hands.

The sale of 685 Main St. was finalized and filed Sept. 30 with the Knox County Registry of Deeds.

The property was sold by Robert Arena of South Thomaston and 497-501 Main St. LLC to Lermond Cove, LLC of 711 Main St. in Rockland.

The Maine Secretary of State's corporation office lists Paul Coster as the authorized person for Lermond Cove, LLC.

Arena had considered building residences on the narrow quarter-acre parcel in 2016, but said he was told by the city that there was not enough land for such a development. There are no buildings on 685 Main St.

Atlantic Challenge is located on the water side, as well as the south side of the property.

In addition, Paul Coster purchased the nearby 558 Main St. in June 2018. That three-story commercial building is undergoing extensive renovations. The sale price of that building -- built in 1886 -- was $310,000.

Coster and Elysa Rose-Coster also own 711 Main St. in Rockland, which is the location of the Steel House North.

Rose-Coster owns 639 Main St., which is also part of the Steel House, having bought that property in 2015.

(Correction: The original article incorrectly stated which property had been sold. The sale did not involve the property at 479-491 Main St. in Rockland but instead 685 Main St. which 479-491 Main St., LLC also owned.)

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