Hallowell, ME Mixed-use properties for sale

Updated: Jul 17

COMMERCIAL - Hallowell, ME

152-154 Water Street, Hallowell, ME 04347

$895,000

3,804 sqft 0.06 AC lot

Offered together: 154 and 152 Water Street in downtown Hallowell
Approx. 50 ft of owned frontage on the Kennebec River with large rear decks overlooking the water
Historic cast‑iron storefronts and landmark masonry/stone/brick construction
Recent improvements: new roofs on both buildings, new rear decks, and many new windows installed
Wood flooring with public/sewer services available: public water and public sewer

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This listing looks promising.

Here's a quick look at some key insights for

152-154 Water Street, Hallowell, ME 04347

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Est. Cap Rate

4.4%
NOI ÷ price
Est. NOI

$39K
Annual
Price @ 7% Cap

$561K
Suggested

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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.

Downtown Waterville Mixed-Use Opportunity

45 Water Street, Waterville, ME 04901

$175,000

13,793 sqft 0.24 AC lot

Value-add investment with multiple income streams and significant upside.

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Mixed-Use Building with River Views

82 Water St, Augusta, ME 04330

$500,000

13,700 sqft

Mixed-use building with commercial and residential space, improved mechanical systems, and multi-story layout overlooking the Kennebec River.

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Turnkey Mixed-Use Investment Opportunity

59 Main St, Waterville, ME 04901

$559,900

3,396 sqft

Renovated mixed-use property with retail and short-term rental income.

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Prime Commercial Lot with Church

2 Howard Street, Augusta, ME 04330

$425,000

5,072 sqft 1.00 AC lot

One-acre commercial lot with church overlooking Kennebec River.

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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

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

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

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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27 Acres Development-Friendly Land

Academy Road, Litchfield, ME 04350

$350,000

27.06 AC lot

27 acres in Litchfield's Residential-Village District.

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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.

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 2 mixed-use properties for sale in Hallowell, ME on our real estate platform. These investment opportunities span a total of 3,804 square feet of properties for sale, with an estimated market value of $895,000.

Sale prices for multi use buildings in Hallowell, ME start at $895,000, averaging $895,000, and reaching up to $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.

Hallowell, ME Mixed-use Properties for Sale

152-154 Water Street, Hallowell, ME 04347