Medical Premises

Hallowell, ME Medical Office Space for Sale

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Augusta, ME Farmingdale, ME Chelsea, ME Randolph, ME Manchester, ME Gardiner, ME Pittston, ME West Gardiner, ME
Multi-Tenant Office Building
Updated: Jul 20
Multi-Tenant Office Building

9 Union St, Hallowell, ME 04347

$700,000
3,604 sqft
3,604‑square‑foot office building constructed in 1900
Three floors with a family practice on the first floor and five additional tenants above
Paved parking lot with 6+ spaces
Wheelchair‑accessible ramp
New cedar siding on two sides
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Based on your search, we've compiled 6 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

Opportunities in Nearby Cities

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

Medical Office Condominium
Medical Office Condominium

89 Hospital Street, Augusta, ME 04330

$150,000
1,412 sqft 0.12 AC lot

Configured with six rooms, a waiting area, kitchen space, and off-street parking.

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Medical Office Condo
Medical Office Condo

325 Kennedy Memorial Drive, Waterville, ME 04901

$44,900
893 sqft 0.23 AC lot

Includes exam rooms, a waiting area, break room, and half bath.

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Medical Office Condominium
Medical Office Condominium

89 Hospital St, Augusta, ME 04330

Contact for pricing
1,412 sqft

Six rooms, a reception area, and kitchen support a medical-office layout with accessible, level entry.

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Medical Office Condo with Exam Rooms
Medical Office Condo with Exam Rooms

325 Kennedy Memorial Drive 2c, Waterville, ME 04901

$44,900
893 sqft

In-town medical condo with a patient waiting area, break room, and dedicated clinical rooms.

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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

Estimated value: by Request
28,700 sqft
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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 $700,000.

Sale prices for medical spaces in Hallowell, ME average $700,000 — 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 4
Office Units 2
Creative space 1
Medical Office Space 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Hallowell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04347 $700K

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)

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