Multi-Tenant Mixed-Use
47 Water Street, Hallowell, ME 04347
For Sale
$795,000
Two floors provide a combination of tenant suites and office space for owner occupancy or leasing.
Property Size10,754 SF
Lot Size2.63 Acres
Price / SF$73.93
Days on Market1305
Property Features for 47 Water Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
natural light
air conditioning
natural gas heat
propane heat
oil fired hot water baseboard heat
radiant heat
backup generator
conference room
kitchen
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Owner Occupied
Listing Agency:
LAER
(207) 622-2220
Listed By:
John Blouin · License ME BA919181
(207) 446-7708
Source:
Integrityhomesrealestategroup
Added: Apr 17, 2023
Changed: Nov 11
Last Checked: Nov 11 at 2:04AM
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 LAER
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Investment Insights
Based on property information with market context.
This 10,754-square-foot commercial building on 2.63 acres has two floors and four entrances. The first floor is arranged as four separate spaces, including two offices with tenants and two vacant suites. Upstairs, the current layout includes five private offices, a conference room, open work area, kitchen, and two bathrooms; that floor could be divided into two spaces. The property has air conditioning, natural gas, propane and oil-fired hot-water baseboard heat, radiant heat on the second floor, and a backup generator. Business A zoning applies.
The building is 700 sidewalk steps from downtown Hallowell, and the State House in Augusta is 1.1 miles away. On-site parking accommodates more than 34 vehicles. The seller occupies the second floor and is open to discussing leased space as part of a sale.
The building is 700 sidewalk steps from downtown Hallowell, and the State House in Augusta is 1.1 miles away. On-site parking accommodates more than 34 vehicles. The seller occupies the second floor and is open to discussing leased space as part of a sale.
Key Highlights
- 10,754‑square‑foot building on 2.63 acres
- Two floors with four entrances and 42 windows
- Four first‑floor spaces, including two with tenants
Property Analytics
Who owns this building?
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Current Use
Lease Details
5
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
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Business Placement
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
$266,700
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Kennebec County, ME
Properties on Market for Mixed-use properties in Kennebec County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two floors provide a combination of tenant suites and office space for owner occupancy or leasing.
Where is this mixed-use property located?
The property is located at 47 Water Street Hallowell, ME.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 10,754‑square‑foot building on 2.63 acres; Two floors with four entrances and 42 windows; Four first‑floor spaces, including two with tenants
