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

$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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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.

Medical Office Space with Ramp
Medical Office Space with Ramp

90 Searsport Avenue, Belfast, ME 04915

$199,000
220 sqft 0.38 AC lot

Compact commercial building with natural light, flexible partitions, and public water and sewer.

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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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Second-Floor Office Suite with Landing
Second-Floor Office Suite with Landing

2049 Post Road Unit 2B, Wells, ME 04090

Contact for pricing
920 sqft

Second-floor open-concept office suite with soaring wood ceilings, shared second-floor restrooms, and access via front and rear stairs.

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Second-Floor Office Suite
Second-Floor Office Suite

2049 Post Road Unit 2A, Wells, ME 04090

Contact for pricing
674 sqft

Bright second-floor suite with soaring wood ceilings, exposed beams, and flexible open layout plus shared restrooms.

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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 $449,000.

Sale prices for creative space in Hallowell, ME average $449,000 — 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 4
Office Units 3
Medical Office Space 2
Creative space 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 $459K

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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