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Downtown Retail Storefront Space
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142 Water Street, Hallowell, ME 04347

Open retail layout on a high-traffic corridor with built-in shelving, track lighting, and a private rear porch.

Space Size1,200 SF
Days on Market52

Property Features for 142 Water Street

General Information

Standard status Active
Size 1,200 SF
Class A
Property subtype Retail

Additional Details

Traffic Count 14,000 vehicles/day

Building Details

Building Size 1,200 SF
Tenancy Single

Spaces For Lease

at 142 Water Street Contact us

Space 1

Size
1,200 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: CORE
Listed By: Charles Hippler · License #ME SA 927061
Source: Crexi
Added: Jun 22 Changed: Aug 11 Last Checked: Aug 11 at 6:56PM

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 CORE

Investment Insights

Based on property information with market context.

This ground-floor retail storefront features an open floorplan designed for continued retail use, supported by built-in shelving and track lighting. A spacious rear porch provides an additional outdoor area that may work for either private use or public-facing access, depending on an operator’s needs. The in-unit HVAC includes a newly installed heat pump, providing a recent update to core climate equipment.

The space is located on Water Street in downtown historic Hallowell, positioned for both strong foot traffic and steady vehicle visibility. The property is described as having a daily traffic count of 14,000 cars per day, supporting retail activity throughout the day.

For tenants, the combination of an open interior and ready-to-use merchandising features—built-in shelving and track lighting—can help streamline buildout and support day-to-day store operations. The rear porch adds flexible functionality for customer flow, seasonal use, or operational staging, while the new heat pump reduces immediate concerns about HVAC replacement. This is a practical option for a retailer looking for a street-facing storefront with functional indoor-outdoor space in a downtown setting.

Key Highlights

  • Prime downtown Hallowell retail space on Water Street
  • Open floorplan with built‑in shelving and track lighting
  • Located on a high‑traffic corridor with a daily traffic count of 14,000 cars per day

Property Analytics

Current Use

Vignettes of Maine (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Plumbing Service Locksmith Pharmacy Bakery Furniture & Home Goods Garden 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

14,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

318
Businesses Nearby
Balanced
Demand for This Use

Demographics for 04347, ME

2,570
Population
1,436
Households
1.8
Avg Household Size
51
Median Age
46%
College-Educated
92%
High-School Grad
5.9 sq mi
ZIP Area
436
Density / Sq Mi
$58,811
Median Household Income
$37,027
Median Earnings
$830
Median Rent
$266,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Berry & Berry Floral 121 Water St, Hallowell, ME 04347

Frequently Asked Questions

What type of property is this?
Storefront property - Open retail layout on a high-traffic corridor with built-in shelving, track lighting, and a private rear porch.
Where is this storefront property located?
The property is located at 142 Water Street Hallowell, ME.
What are key features of this property?
This property features: Prime downtown Hallowell retail space on Water Street; Open floorplan with built‑in shelving and track lighting; Located on a high‑traffic corridor with a daily traffic count of 14,000 cars per day
(207) 744-3084 Call to check price and availability
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