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Hallowell, ME

Hallowell, ME Commercial Real Estate for Sale

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Augusta, ME Farmingdale, ME Chelsea, ME Manchester, ME Gardiner, ME Randolph, ME West Gardiner, ME Pittston, ME

Three-Story Professional Office Building

Updated: Jun 24

Three-Story Professional Office Building

9 Union Street, Hallowell, ME 04347

$740,000

3,604 sqft 0.13 AC lot

New roof scheduled for April 2026
Multi‑tenant professional building with 1 anchor tenant on the first floor plus 5 tenants on the second and third floors
Paved parking lot with 6+ spaces
Wheelchair accessible ramp with accessible approach
Utilities: public water and public sewer

This listing looks promising.

Here's a quick look at some key insights for

9 Union Street, Hallowell, ME 04347

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Est. Cap Rate

6.9%
Above avg (5.9%)
Est. NOI

$51K
Annual
Price @ 7% Cap

$728K
Suggested
Property Type

Single Family Residence
Built 1900

View Property Analytics

COMMERCIAL - Hallowell, ME

Updated: Jul 17

COMMERCIAL - Hallowell, ME

152-154 Water Street, Hallowell, ME 04347

$895,000

3,804 sqft 0.06 AC lot

Offered together: 154 and 152 Water Street in downtown Hallowell
Approx. 50 ft of owned frontage on the Kennebec River with large rear decks overlooking the water
Historic cast‑iron storefronts and landmark masonry/stone/brick construction
Recent improvements: new roofs on both buildings, new rear decks, and many new windows installed
Wood flooring with public/sewer services available: public water and public sewer

Wooded Farmland Parcel with Road Frontage

Wooded Farmland Parcel with Road Frontage

Lot 1 Maple Street, Hallowell, ME 04347

$200,000

1,363,428 sqft 31.30 AC lot

Large wooded parcel with 650 feet of road frontage and a sloping terrain.

Historic Church with Bulfinch Spire

Historic Church with Bulfinch Spire

133 Second Street, Hallowell, ME 04347

$350,000

0.36 AC lot

Historic 1885 granite church with stunning spire and stained-glass windows.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 4 Active listings in Hallowell, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Office and Short-Term Rental Property

Office and Short-Term Rental Property

76 and 80 Sewall Street, Augusta, ME 04330

$625,000

4,361 sqft 0.84 AC lot

Two connected buildings offer office space and short-term rental use, plus a garage with a separate entrance.

Live-Work Retail and Residence

Live-Work Retail and Residence

664 Maine Avenue, Farmingdale, ME 04344

$350,000

1,472 sqft 0.32 AC lot

Property combines a one-bedroom home with an operating salon and customer parking on a high-visibility road.

New Self Storage Facility

New Self Storage Facility

6 Williams Street, Farmingdale, ME 04344

$4,250,000

51,600 sqft

Newly constructed self storage facility totals 51,600 SF with high-visibility frontage on Maine Avenue.

Commercial Land with Major Road Frontage

Commercial Land with Major Road Frontage

450 W River Road, Augusta, ME 04330

$199,000

50.00 AC lot

Vacant mostly wooded parcel offers substantial frontage on two routes near I-95 and MaineGeneral Medical Center.

Off-Market Properties in Hallowell, ME

Consider similar Off-Market properties in Hallowell, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESIDENTIAL PARKING GARAGE

116 2nd St, Hallowell, ME 04347-1476

Value Estimation by Request

270 Winthrop St

FINANCIAL BUILDING

270 Winthrop St, Hallowell, ME 04347-3029

Value Estimation by Request

1,811 sqft 1.50 AC lot

14 Greenville St

FINANCIAL BUILDING

14 Greenville St, Hallowell, ME 04347-1125

Value Estimation by Request

1,280 sqft 0.16 AC lot

Individual retail properties

2 Water St, Hallowell, ME 04347

Value Estimation by Request

725 sqft

Hotels

11 Inn Rd, Hallowell, ME 04347

Value Estimation by Request

22,158 sqft 31.20 AC lot

Office Units

2 Beech St, Hallowell, ME 04347

Value Estimation by Request

Commercial real estate

232 Water St, Hallowell, ME 04347

Value Estimation by Request

5,413 sqft 0.91 AC lot

Industrial properties

18 Hope Dr, Hallowell, ME 04347

Value Estimation by Request

5,000 sqft 1.00 AC lot

Distribution properties

18 Hope Dr, Hallowell, ME 04347

Value Estimation by Request

5,000 sqft 1.00 AC lot

Commercial real estate

133 Second St, Hallowell, ME 04347

Value Estimation by Request

4,087 sqft 0.36 AC lot

101 Second St

Office Units

101 Second St, Hallowell, ME 04347

Value Estimation by Request

28,700 sqft

Commercial real estate

241 Water St, Hallowell, ME 04347

Value Estimation by Request

1,130 sqft 0.43 AC lot

Investment properties

192 Water St, Hallowell, ME 04347

Value Estimation by Request

4,000 sqft

Land

8 Coos Ln, Hallowell, ME 04347

Value Estimation by Request

0.44 AC lot

Mixed-use properties

192 Water St, Hallowell, ME 04347

Value Estimation by Request

7,381 sqft 0.18 AC lot

FINANCIAL BUILDING

14 Winthrop St, Hallowell, ME 04347-1350

Value Estimation by Request

1,850 sqft 0.55 AC lot

Hallowell, ME 04347

HEAVY INDUSTRIAL

Hallowell, ME 04347

Value Estimation by Request

Hallowell, ME 04347

HEAVY INDUSTRIAL

Hallowell, ME 04347

Value Estimation by Request

Hallowell, ME Commercial Real Estate Market Trends and Statistics

Explore 22 commercial real estate for sale in Hallowell, ME, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 1,370,836 square feet of properties for sale, with an estimated market value of $2,185,000.

Sale prices for business properties in Hallowell, ME start at $200,000, averaging $546,250, and reaching up to $895,000 — 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%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
04347	$813.3K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Kennebec County

Residential Income

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