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Renovated Office Suites Available
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2 Beech St, Hallowell, ME

Quality office suites in a renovated masonry building.

Property Size957 SF
Lot Size59.88 Acres
Days on Market3543

Property Features for 2 Beech St

General Information

Standard status Active
Size 957 SF
Lot size 59.88 Acres
Property subtype OFFICE
Listing Agency: Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
Listed By: Dennis Wheelock · License #BR921652
Source: Moodyscre
Added: Nov 16, 2016 Changed: Jul 6 Last Checked: Jul 21 at 5:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Magnusson Balfour/KW Commercial a div. of Keller Williams Realty

Investment Insights

Based on property information with market context.

This 2.5-story masonry building features three wings per floor and has been renovated into quality office suites. Recent renovations include an updated exterior, new energy-efficient windows, hardwood floors and wall-to-wall carpeting, sheetrocked walls, paint, new lighting, and high ceilings. The building is 80% occupied with a mix of professional tenants. All three floors have been partitioned into various office suites to accommodate executive office space. Each space has large windows that provide natural light. Stevens Commons is a mixed-use development known for its quality environment, historic buildings, landscaped campus, and superior services. The mix of offices and commercial space is complemented by permanently conserved open space and a range of residential offerings including senior and veteran housing, affordable and market-rate apartments, condos, and small lot clustered subdivisions accompanied by on-site service amenities. Stevens Commons has created a new village within the City of Hallowell which serves some of the unmet housing needs while providing generous public open space and attractive trails that link it to adjacent open space, the elementary school, and connecting streets with sidewalks to downtown Hallowell. Suites 203, 207, and 208 can be combined for a total of 2,300 square feet. Suite 207 can be subdivided into individual office spaces of approximately 175 square feet each.

Key Highlights

  • Renovated office suites featuring energy‑efficient windows, hardwood floors, and high ceilings.
  • Flexible suite options available: combine for a total of 2,300 SF or subdivide.
  • Located in Stevens Commons, a model mixed‑use development with historic buildings.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Furniture & Home Goods Bakery Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.04 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Quality office suites in a renovated masonry building.
Where is this office units located?
The property is located at 2 Beech St Hallowell, ME.
What is the lease rate?
The lease rate is $550 /Mo.
What are key features of this property?
This property features: Renovated office suites featuring energy‑efficient windows, hardwood floors, and high ceilings.; Flexible suite options available: combine for a total of 2,300 SF or subdivide.; Located in Stevens Commons, a model mixed‑use development with historic buildings.
(207) 242-5588 Call to check price and availability
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