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    115 Water St Hallowell, ME 04347

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    For Lease
    $1,700 /Mo ($8 SF/Yr)

    Spacious office space in downtown Hallowell available for lease.

    Property size:
    2,337 SF
    Lot size:
    0.22 Acres

    Property Features for 115 Water St

    General Information

    Size
    2,337 SF
    Lot size
    0.22 Acres

    Source: CORE Agent Charles Hippler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hallowell Office Space for Lease

    Located in downtown Hallowell, this office space on the 3rd floor is available for lease. The property features onsite parking at the rear of the building, with the unit entrance located on the second level. The layout includes 7 individual office suites and an open center area suitable for collaborative or open-concept workspaces. The location is within walking distance of restaurants and cafes, and is a 5-minute drive to Augusta. The property size is 2337 square feet.
    Location Intelligence

    Current Use by Public Records

    GCom International Consultant The Liberal Cup Brewpub URS Corporation Engineering Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hallowell
    County
    Kennebec
    State
    Maine
    Longitude
    -69.7902039
    Latitude
    44.2862961

    Nearby Similar for Lease

    • $550 /Mo
      957 SF

      Renovated Office Suites Available

      Quality office suites in a renovated masonry building.
      2 Beech St, Hallowell, ME
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    • $14 SF/Yr
      28,700 SF

      Prime Hallowell Office Space

      Class A Office Suites, 3,232-8,612 SF Available
      101 Second St, Hallowell, ME 04347
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    • $33 SF/Yr
      725 SF

      Hallowell Retail Space - 725 SF

      Prime Hallowell retail building, 20+ parking spaces.
      2 Water St, Hallowell, ME 04347
      View Details
    • $6 SF/Yr
      900 SF

      Downtown Hallowell Commercial Space

      900 SF commercial space in downtown Hallowell.
      210 Water St, Hallowell, ME 04347
      View Details

    FAQs

    What type of property is this?
    Office space - Spacious office space in downtown Hallowell available for lease.
    Where is this office space located?
    The property is located at 115 Water St Hallowell, ME.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - 7 spacious individual office suites; - Open center ideal for collaborative/open concept workspace; - Onsite parking at rear of building
    (202) 530-2708
    Request Owner's contact information
    115 Water St Hallowell, ME 04347
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    Hallowell, ME 04347
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 Water St Hallowell, ME 04347
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