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    Hallowell, ME
    Medical Premises

    Hallowell, ME Medical Office Space for Sale

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    Augusta, ME Chelsea, ME Farmingdale, ME Manchester, ME Gardiner, ME Randolph, ME West Gardiner, ME Pittston, ME
    Three-Story Professional Office Building
    Updated: Jun 24
    Three-Story Professional Office Building

    9 Union Street, Hallowell, ME 04347

    $740,000
    3,604 sqft 0.13 AC lot
    New roof scheduled for April 2026
    Multi‑tenant professional building with 1 anchor tenant on the first floor plus 5 tenants on the second and third floors
    Paved parking lot with 6+ spaces
    Wheelchair accessible ramp with accessible approach
    Utilities: public water and public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    9 Union Street, Hallowell, ME 04347

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $51K
      Annual

    • Price @ 7% Cap

      $728K
      Suggested

    • Property Type

      Single Family Residence
      Built 1900
    View Property Analytics
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Hallowell, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Flexible Multi-Use Commercial Building
    Flexible Multi-Use Commercial Building

    10 Pethaven Lane, Augusta, ME 04330

    $498,750
    12,093 sqft 1.04 AC lot

    Versatile commercial building with ample parking and flexible space options for office, medical, or retail uses.

    View details
    Medical Office Condo Unit
    Medical Office Condo Unit

    325 Kennedy Memorial Drive, Waterville, ME 04901

    $49,900
    893 sqft 0.23 AC lot

    Condo unit with two exam rooms and waiting area, restricted to medical office use by the association.

    View details
    Turnkey Medical Office Building
    Turnkey Medical Office Building

    174 Kennedy Memorial Dr, Waterville, ME 04901

    $495,000
    4,840 sqft

    Standalone medical office building with an existing healthcare layout, well suited for an owner-user or medical-focused investor.

    View details
    Medical Office Building For Sale
    Medical Office Building For Sale

    21 Enterprise Dr, Augusta, ME

    $6,900,000
    18,407 sqft 3.77 AC lot

    Class A medical office building fully leased to MaineGeneral Medical

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Approved Medical Office Land
    Approved Medical Office Land

    28 Lumber St, Hopkinton, MA 01748

    $850,000

    Land approved for a 10,000 sq ft medical office.

    View details
    6.79 Acres on Merrow Road
    6.79 Acres on Merrow Road

    248 Merrow Rd, Tolland, CT 06084

    $700,000
    996 sqft 6.79 AC lot

    Commercial land with ranch home in technology campus zone.

    View details
    Norwich Commercial Parcel For Sale
    Norwich Commercial Parcel For Sale

    171 Otrobando Ave, Norwich, CT 06360

    $90,000

    Multi-use commercial land parcel in a convenient Norwich location.

    View details
    Corner Commercial Land Lot
    Corner Commercial Land Lot

    3280 E Main Street, Waterbury, CT 06705

    $199,000
    0.24 AC lot

    Corner lot zoned CA in Waterbury, offering approvals for a wide range of commercial and service uses.

    View details

    Off-Market Properties in Hallowell, ME

    Consider similar Off-Market properties in Hallowell, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    101 Second St
    Office Units

    101 Second St, Hallowell, ME 04347

    Value Estimation by Request
    28,700 sqft
    View details

    Hallowell, ME Medical Office Space Market Trends and Statistics

    Explore 2 medical office space for sale in Hallowell, ME on our real estate platform. These investment opportunities span a total of 3,604 square feet of properties for sale, with an estimated market value of $740,000.

    Sale prices for medical spaces in Hallowell, ME start at $740,000, averaging $740,000, and reaching up to $740,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 3
    Office Units 3
    Medical Office Space 1

    Demographics Overview

    Population 2,570
    Population Growth (5Y) +2.6%
    Median Household Income $58,811
    College Educated 67.7%

    Taxes & Financing

    Tax Rate (average for all types) 2.31%
    Property Tax per SF $96.27 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kennebec County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kennebec County

    Residential Income

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