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Hallowell, ME Office Buildings for Sale

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Augusta, ME Chelsea, ME Farmingdale, ME Manchester, ME Gardiner, ME Randolph, ME West Gardiner, ME Pittston, ME
Multi-Tenant Office Building
Updated: Jun 24
Multi-Tenant Office Building

9 Union Street, Hallowell, ME 04347

$740,000
3,604 sqft 0.13 AC lot
3,604‑square‑foot office building on a 0.13‑acre lot
First‑floor family practice plus five tenants on the second and third floors
Reported 7% cap rate
New roof installed April 2026
Paved parking lot with 6+ spaces
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Office Building with Studio
Updated: Aug 14
Office Building with Studio

332 Water Street, Hallowell, ME 04347

$459,000
2,120 sqft 0.30 AC lot
2,120‑square‑foot office building on approximately 0.30 acres
Separate studio with private entrance, vaulted ceiling, bamboo flooring, and radiant floor heat
Built in 1900 with wood‑frame construction, wood floors, and shingle roof
Solar panels, public water, and public sewer
Accessible approach with ramp and basement
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Multi-Tenant Office Building
Multi-Tenant Office Building

9 Union St, Hallowell, ME 04347

$740,000
3,604 sqft

Three-story professional property with medical and office tenants, accessible entry, and paved on-site parking.

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See what stands out in Kennebec County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Office Building with Studio
Office Building with Studio

332 Water St, Hallowell, ME 04347

$459,000
2,120 sqft 0.30 AC lot

Flexible office layout includes a separate-entry studio, covered porch, solar panels, and landscaped grounds near downtown Hallowell.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Hallowell, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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 Building with Office Tenants
Mixed-Use Building with Office Tenants

45 Church St, Gardiner, ME 04345

$525,000
7,848 sqft

Two leased office suites occupy the main level, with accessible vacant space and storage below.

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Office Properties with Separate Garage
Office Properties with Separate Garage

76 and 80 Sewall Street, Augusta, ME 04330

$625,000
4,361 sqft 0.84 AC lot

Two buildings offer flexible layouts with a separately accessed garage and Comm. & Res. zoning.

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Fully Leased State Office Building
Fully Leased State Office Building

76 Northern Ave, Gardiner, ME 04345

$5,100,000
48,771 sqft

Fully leased office building occupied by the State of Maine.

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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.

Commercial Land With Existing Buildings
Commercial Land With Existing Buildings

595-597 Civic Center Drive, Augusta, ME 04330

$875,000
2,572 sqft 1.10 AC lot

Corner commercial parcel with two existing structures, public sewer, and PD zoning for a broad range of potential uses.

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Hallowell, ME Office Buildings Market Trends and Statistics

Explore 4 office buildings for sale in Hallowell, ME, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,448 square feet of properties for sale, with an estimated market value of $2,398,000.

Sale prices for office properties in Hallowell, ME start at $459,000, averaging $599,500, 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 Units 6
Office buildings 5
Creative space 2
Medical Office Space 2

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 $599.5K

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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