Creative Space

Hallowell, ME Creative Space for Sale

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Office Building with Studio
Updated: Aug 14
Office Building with Studio

332 Water Street, Hallowell, ME 04347

$439,000
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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1 active listing matches your search: Creative Space for sale in Hallowell, ME. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Compact Creative Studio with Ramp
Compact Creative Studio with Ramp

90 Searsport Avenue, Belfast, ME 04915

$199,000
220 sqft

Bright standalone studio with a heat pump, full bathroom, and ramped entry for convenient client access.

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Restored Mill Creative Space
Restored Mill Creative Space

6 Chestnut St Unit 211, Amesbury, MA 01913

Contact for pricing
1,521 sqft

Second-floor open-plan suite with high ceilings, HVAC, elevator access, and shared restrooms.

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Mill-Building Creative Space
Mill-Building Creative Space

6 Chestnut St Unit 211 & 109, Amesbury, MA 01913

Contact for pricing
2,500 sqft

An open-plan layout, tall ceilings, and mill-era architectural details define this flexible workspace.

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Creative Space with Rear Deck
Creative Space with Rear Deck

111 High Street, Belfast, ME 04915

$289,000
624 sqft

Two on-site parking spaces are accessed from Spring Street.

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Hallowell, ME Creative Space Market Trends and Statistics

Explore 1 creative space for sale in Hallowell, ME on our real estate platform. These investment opportunities span a total of 2,120 square feet of properties for sale, with an estimated market value of $439,000.

Sale prices for creative space in Hallowell, ME average $439,000 — 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 property segments ranked by active listings on the market

Office buildings 3
Creative space 1
Office Units 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 average listing prices of real estate assets

Neighborhood Average Price
04347 $439K

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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