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    Hallowell, ME Commercial Land for Sale

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    Augusta, ME Farmingdale, ME Chelsea, ME
    Hallowell Waterfront Property with Development Potential
    $1,350,000
    5,413 SF

    Hallowell Waterfront Property with Development Potential

    232 Water Street, Hallowell, ME 4347

    Rare waterfront property in downtown Hallowell with development opportunities.

    • Waterfront property with enormous water frontage and sweeping river views.
    • Large paved parking lot with space for over 80 vehicles.
    • Updated structure with over 5400 sq ft of space.
    • Located in desirable downtown Hallowell.
    • Zoned for Downtown development.
    Updated: Sep 8, 2024
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hallowell, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Litchfield Land: Development Opportunity
    $110,000
    6.70 Acres

    Litchfield Land: Development Opportunity

    6.7 acres in Litchfield's Residential-Village District, ideal for development.

    Academy Road lot: B2, Litchfield, ME 04350
    View details
    Litchfield Land: Development Opportunity
    $215,000
    12.16 Acres

    Litchfield Land: Development Opportunity

    12.16 acres in Litchfield's growing Residential-Village District.

    Academy Road lot: A2, Litchfield, ME 04350
    View details
    Prime Augusta Commercial Land
    $425,000
    1.00 Acre

    Prime Augusta Commercial Land

    One-acre commercial lot overlooking the Kennebec River in Augusta.

    2 Howard Street, Augusta, ME 04330
    View details
    Prime Commercial Lot with Church
    $475,000
    5,072 SF

    Prime Commercial Lot with Church

    One-acre commercial lot with church overlooking Kennebec River.

    2 Howard Street, Augusta, ME 4330
    View details

    Hallowell, ME Commercial Land Investment Opportunities Market Analysis

    Explore 1 commercial land for sale in Hallowell, ME on our real estate platform. These investment opportunities span a total of 5,413 square feet of properties for sale, with an estimated market value of $1,350,000.

    Sale prices for commercial lots in Hallowell, ME start at $1,350,000, averaging $1,350,000, and reaching up to $1,350,000 — 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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    Top Commercial Asset Segments

    Commercial land 1
    Waterfront Land 1
    Residential land & home lots 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Hallowell submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    04347 $1.4M

    Taxes & Financing

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

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