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    Augusta, ME Farmingdale, ME Chelsea, ME Manchester, ME Gardiner, ME Randolph, ME West Gardiner, ME Pittston, ME
    Historic Riverfront Mixed-Use Property
    Updated: May 22, 2023
    Historic Riverfront Mixed-Use Property

    156 Water Street, Hallowell, ME 04347

    $650,000
    Four apartments plus a first‑floor retail space
    1809 construction using Hallowell granite
    Two 12' x 28' decks overlooking the Kennebec River
    Five parking spots: two under the deck and three at the riverbank
    Downtown zoning at 156 Water Street, Hallowell, ME 04347
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hallowell, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    7-Unit Apartment Building Renovation Opportunity
    7-Unit Apartment Building Renovation Opportunity

    6 Amherst Street, Augusta, ME 04330

    $225,000
    4,234 sqft 0.19 AC lot

    RB1 zoned 7-unit apartment building with demolition largely complete and utilities to support renovation.

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    7-Unit Apartment Building, Partially Gutted
    7-Unit Apartment Building, Partially Gutted

    6 Amherst Street, Augusta, ME 04330

    $225,000
    4,234 sqft 0.19 AC lot

    Renovation-ready 7-unit apartment building with public water and public sewer, zoned RB1.

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    Multi-Unit Apartment Building with Garage
    Multi-Unit Apartment Building with Garage

    11 Winter Street, Waterville, ME 04901

    $595,000
    3,941 sqft

    Updated interiors, paved parking, and an attached owner’s residence create a flexible multifamily configuration.

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    Waterville Redevelopment Opportunity
    Waterville Redevelopment Opportunity

    30 Chase Ave, Waterville, ME

    Contact for pricing
    119,771 sqft 26.00 AC lot

    Redevelopment project with approvals for mixed-use development.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Hallowell, ME Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Hallowell, ME on our real estate platform.

    Sale prices for two-family homes in Hallowell, ME average $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,570
    Population Growth (5Y) +2.6%
    Median Household Income $58,811
    College Educated 67.7%

    Taxes & Financing

    Tax Rate (average for all types) 2.31%
    Property Tax per SF $96.27 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kennebec County

    New Delisted

    Total CRE Inventory on Market (SF)

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