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    101 Second St Hallowell, ME 04347

    Sponsored
    For Lease
    $14 SF/Yr

    Class A Office Suites, 3,232-8,612 SF Available

    Lot size:
    28,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office building, located at 101 2nd St in Hallowell, Maine, offers a variety of flexible office spaces ideal for businesses of all sizes. The property, totaling 28,700 square feet, boasts multiple tenancy options, with individual suites ranging from a minimum of 3,232 square feet to a maximum contiguous space of 8,612 square feet. Currently, 15,900 square feet is available for lease. The building underwent extensive renovations in 2009, resulting in modern, updated spaces including dedicated conference rooms and public hearing rooms, perfect for presentations and meetings. Located in Kennebec County's Downtown District (DT zoning), this property offers unparalleled convenience, situated less than five minutes from the Maine State House and within walking distance of Hallowell's vibrant downtown shops and restaurants. Ample parking is provided with 100+ spaces in a private lot. The building's prime location offers easy access to the Maine Turnpike, ensuring seamless commutes for employees and clients. This property is perfect for executive, medical, creative, or traditional office uses. Contact us today to explore leasing options for your business.

    Property Features for 101 Second St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,700 SF
    Class
    A
    Total Rate
    33483.33

    Unit(s) available at that property

    Space
    Space 3
    Size
    3,971 SF
    Rate per SF
    $14
    Space
    Space 4
    Size
    3,232 SF
    Rate per SF
    $14

    HighLights

    • Class A office space in prime location.
    • Excellent walkability to numerous restaurants.
    • Building amenities include a shared elevator and wellness center.
    • Convenient access to the Maine Turnpike.
    Property Profile Location Intelligence

    Current Use by Public Records

    Panacea School of Integrative ... Massage Therapist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hallowell
    County
    Kennebec
    State
    Maine
    Longitude
    -69.7912474
    Latitude
    44.2869269

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    Nearby Similar for Lease

    • $550 /Mo
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      Renovated Office Suites Available

      Quality office suites in a renovated masonry building.
      2 Beech St, Hallowell, ME
      View Details
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      Prime Hallowell retail building, 20+ parking spaces.
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      Hallowell Office Space for Lease

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      Downtown Hallowell Commercial Space

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    FAQs

    What type of property is this?
    Office space - Class A Office Suites, 3,232-8,612 SF Available
    Where is this office space located?
    The property is located at 101 Second St Hallowell, ME.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Class A office space in prime location.; Excellent walkability to numerous restaurants.; Building amenities include a shared elevator and wellness center.
    Request Owner's contact information
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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
    101 Second St Hallowell, ME 04347
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