Mixed-Use
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Hallowell, ME Mixed-use Properties for Sale

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Waterfront Mixed-Use Buildings
Updated: Jul 17
Waterfront Mixed-Use Buildings

152-154 Water Street, Hallowell, ME 04347

$895,000
3,804 sqft 0.06 AC lot
3,804‑square‑foot combined property size on a 0.06‑acre site
Approximately 50 feet of owned Kennebec River frontage
Two commercial buildings with cast‑iron storefronts and oversized display windows
New roofs, rear decks, and many new windows
Commercial zoning with public water and public sewer
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Historic Mixed-Use Buildings
Updated: Jul 7
Historic Mixed-Use Buildings

152-154 Water Street, Hallowell, ME 04347

$895,000
3,804 sqft
Two historic downtown buildings offered together at 152‑154 Water Street
Approximately 50 feet of owned Kennebec River frontage
Large rear decks overlooking the Kennebec River
Commercial storefronts with cast‑iron detailing and oversized display windows
Upper floors provide space for residential, office, or additional commercial use
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Historic Mixed-Use Buildings with Riverfront
Historic Mixed-Use Buildings with Riverfront

152 Water St, Hallowell, ME 04347

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Two downtown buildings combine commercial storefronts, upper-level space, historic character, and direct Kennebec River frontage.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 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.

Mixed-Use Property with Detached Garage
Mixed-Use Property with Detached Garage

405 Western Avenue, Augusta, ME 04330

$649,900
1,779 sqft 1.30 AC lot

The property combines residential space, a first-floor office or den, public utilities, and Regional Bus. CC zoning.

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Updated Office Property with Parking
Updated Office Property with Parking

89 Western Ave, Augusta, ME 04330

$315,000
1,824 sqft

Flexible commercial and residential setting with ramp access, on-site parking, and multiple updates.

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Live-Work Retail and Residence
Live-Work Retail and Residence

664 Maine Avenue, Farmingdale, ME 04344

$325,000
1,472 sqft 0.32 AC lot

Property combines a one-bedroom home with an operating salon and customer parking on a high-visibility road.

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Mixed-Use Property with Rental Garage
Mixed-Use Property with Rental Garage

76 and 80 Sewall Street, Augusta, ME 04330

$625,000
4,361 sqft

Two buildings combine office space with short-term rental use and a separately accessed garage.

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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.

Gently Sloping Land Parcel
Gently Sloping Land Parcel

120 Bond Brook Road, Augusta, ME 04330

$450,000
50.12 AC lot

Large Augusta parcel with mature trees and gentle slopes near downtown, I-95, and Bond Brook recreational trails.

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Development Land on Academy Road
Development Land on Academy Road

Academy Road lot: B2, Litchfield, ME 04350

$110,000
6.70 AC lot

6.7-acre parcel in Litchfield with zoning allowing limited service, retail, and municipal uses.

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Development-Ready Land Parcel
Development-Ready Land Parcel

Academy Road lot: A2, Litchfield, ME 04350

$215,000
12.16 AC lot

12.16-acre rural-zoned parcel on Academy Road in Litchfield, suited for residential and limited additional uses.

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Land for Multi-Lot Development
Land for Multi-Lot Development

Academy Road, Litchfield, ME 04350

$350,000
27.06 AC lot

Three separate lots totaling 27 acres are offered along Academy Road with flexible zoning for residential and limited services.

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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.

192 Water St
Mixed-use properties

192 Water St, Hallowell, ME 04347

Value Estimation by Request
7,381 sqft 0.18 AC lot
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Hallowell, ME Mixed-Use Properties Market Trends and Statistics

Explore 4 mixed-use properties for sale in Hallowell, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,608 square feet of properties for sale, with an estimated market value of $1,790,000.

Sale prices for multi use buildings in Hallowell, ME average $895,000 — 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

Live-work 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 $895K

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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