Hallowell, ME Commercial Real Estate for Sale

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Augusta, ME Farmingdale, ME Chelsea, ME Randolph, ME Manchester, ME Gardiner, ME Pittston, ME West Gardiner, ME
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Multi-Tenant Office Building
Updated: Jul 11
Multi-Tenant Office Building

9 Union Street, Hallowell, ME 04347

$700,000
3,604 sqft 0.13 AC lot
3,604 square feet across three occupied floors, plus a basement
First‑floor family practice tenant and five tenants on the second and third floors
8.5% cap rate
0.13‑acre lot with paved parking for 6+ vehicles
Roof replaced in April 2026; cedar siding on two sides
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Office Building with Studio
Updated: Aug 14
Office Building with Studio

332 Water Street, Hallowell, ME 04347

$449,000
2,120 sqft 0.30 AC lot
2,120‑square‑foot office building on approximately 0.30 acres
Separate studio with private entrance, vaulted ceiling, bamboo flooring, and radiant floor heat
Built in 1900 with wood‑frame construction, wood floors, and shingle roof
Solar panels, public water, and public sewer
Accessible approach with ramp and basement
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Waterfront Mixed-Use Buildings
Waterfront Mixed-Use Buildings

152-154 Water Street, Hallowell, ME 04347

$895,000
3,804 sqft 0.06 AC lot

Two downtown buildings combine commercial storefronts, upper-floor space, and owned river frontage.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Multi-Tenant Office Building
Multi-Tenant Office Building

9 Union St, Hallowell, ME 04347

$700,000
3,604 sqft

Three-story professional property with medical and office tenants, accessible entry, and paved on-site parking.

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Office Building with Studio
Office Building with Studio

332 Water St, Hallowell, ME 04347

$449,000
2,120 sqft 0.30 AC lot

Flexible office layout includes a separate-entry studio, covered porch, solar panels, and landscaped grounds near downtown Hallowell.

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Historic Mixed-Use Buildings
Historic Mixed-Use Buildings

152-154 Water Street, Hallowell, ME 04347

$895,000
3,804 sqft

Two downtown buildings combine commercial storefronts, upper-level space, river-facing decks, and owned Kennebec River frontage.

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Historic Mixed-Use Buildings with Riverfront
Historic Mixed-Use Buildings with Riverfront

152 Water St, Hallowell, ME 04347

Contact for pricing

Two downtown buildings combine commercial storefronts, upper-level space, historic character, and direct Kennebec River frontage.

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Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 7 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.

Freestanding Office Building
Freestanding Office Building

188 Whitten Rd, Augusta, ME 04330

$750,000
5,292 sqft 2.50 AC lot

The office property includes on-site parking and occupies a sizable parcel.

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Flex Building with High-Clearance Door
Flex Building with High-Clearance Door

60 Maple St, Farmingdale, ME 04344

$449,000
7,200 sqft

Three levels, including an open walk-out basement, offer varied space for flex operations.

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Flex Building with High-Clearance Door
Flex Building with High-Clearance Door

60 Maple Street, Farmingdale, ME 04344

$449,000
1.80 AC lot

A wraparound driveway serves access from both Maple Street and Blaine Road.

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Medical Office Condominium
Medical Office Condominium

89 Hospital St, Augusta, ME 04330

Contact for pricing
1,412 sqft

Six rooms, a reception area, and kitchen support a medical-office layout with accessible, level entry.

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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.

116 2nd St
RESIDENTIAL PARKING GARAGE

116 2nd St, Hallowell, ME 04347-1476

Estimated value:
$185,000
View details
270 Winthrop St
FINANCIAL BUILDING

270 Winthrop St, Hallowell, ME 04347-3029

Estimated value:
$70,000
1,811 sqft 1.50 AC lot
View details
14 Greenville St
FINANCIAL BUILDING

14 Greenville St, Hallowell, ME 04347-1125

Estimated value:
$190,000
1,280 sqft 0.16 AC lot
View details
2 Water St
Individual retail properties

2 Water St, Hallowell, ME 04347

Estimated value: by Request
725 sqft
View details
11 Inn Rd
Hotels

11 Inn Rd, Hallowell, ME 04347

Estimated value: by Request
22,158 sqft 31.20 AC lot
View details
232 Water St
Commercial real estate

232 Water St, Hallowell, ME 04347

Estimated value: by Request
5,413 sqft 0.91 AC lot
View details
18 Hope Dr
Industrial properties

18 Hope Dr, Hallowell, ME 04347

Estimated value: by Request
5,000 sqft 1.00 AC lot
View details
18 Hope Dr
Distribution properties

18 Hope Dr, Hallowell, ME 04347

Estimated value: by Request
5,000 sqft 1.00 AC lot
View details
133 Second St
Commercial real estate

133 Second St, Hallowell, ME 04347

Estimated value: by Request
4,087 sqft 0.36 AC lot
View details
101 Second St
Office Units

101 Second St, Hallowell, ME 04347

Estimated value: by Request
28,700 sqft
View details
241 Water St
Commercial real estate

241 Water St, Hallowell, ME 04347

Estimated value: by Request
1,130 sqft 0.43 AC lot
View details
192 Water St
Investment properties

192 Water St, Hallowell, ME 04347

Estimated value: by Request
4,000 sqft
View details
14 Winthrop St
FINANCIAL BUILDING

14 Winthrop St, Hallowell, ME 04347-1350

Estimated value:
$310,000
1,850 sqft 0.55 AC lot
View details

Hallowell, ME Commercial Real Estate Market Trends and Statistics

Explore 25 commercial real estate for sale in Hallowell, ME, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 19,056 square feet of properties for sale, with an estimated market value of $4,088,000.

Sale prices for business properties in Hallowell, ME start at $449,000, averaging $681,333, 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 $705.4K

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

Retail

Residential Income

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