October 21, 2017
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Second-oldest family-owned business in Rockland buys former VFW hall

By Stephen Betts, BDN Staff
Courtesy of Vision Appraisal | BDN
Courtesy of Vision Appraisal | BDN
E.L. Spear Inc. purchased the former Veterans of Foreign Wars headquarters on Park Street in Rockland.

ROCKLAND, Maine — One of the city’s oldest family businesses in Rockland purchased the former headquarters for the local Veterans of Foreign War.

Lumber and hardware company E.L. Spear Inc. bought the 10,000-square-foot building on 1.1 acres at 237 Park St. on Aug. 29.

The local VFW organization used the building for its offices and activities, but the group disbanded about two years ago, according to Miranda Armstrong of the Randall Collins VFW Post in Belfast. The Rockland VFW bought the property in 1997, and the Belfast organization acquired it in January 2012.

Armstrong said VFW members from the Rockland area can participate in the Northport or Belfast chapters of the organization.

Everett Spear III said the company purchased the property because it is close to the store and lumber yard on Payne Avenue, or U.S. Route 1, and could be used for additional storage.

Minor renovations will be done to the building, which may be subdivided, with some space leased, though no firm plans have been made, he said.

No sale price has been released. The city has the property assessed at $239,800 for property taxes.

E.L. Spear was founded in 1900 by Spear’s great-grandfather. The business is the second oldest continually operated family business in Rockland. E.C. Moran Insurance, the oldest, started in 1896.

 


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