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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
    Hallowell Office Building For Sale
    Updated: May 19, 2025
    Hallowell Office Building For Sale

    47 Water St, Hallowell, ME

    $1,500,000
    2.63 AC lot
    Fully leased with a long‑term lease with the State of Maine, providing a stable income stream.
    Prime location on highly traveled Route 201 in the heart of Hallowell, Maine.
    Recently renovated, including mechanical upgrades.
    Brand‑new HVAC system.
    10,754± SF office building.
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Hallowell, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Two-Story Professional Office Building
    Two-Story Professional Office Building

    249 Western Avenue, Augusta, ME 04330

    $2,880,000
    28,672 sqft 1.84 AC lot

    Two-story standalone office building on Western Avenue with on-site parking and space that can be configured for one or two tenants.

    View details
    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
    Office Building with Conference Space
    Office Building with Conference Space

    44-46 Elm Street, Waterville, ME 04901

    $499,000
    10,287 sqft 0.52 AC lot

    Office and conference room space with ample parking, suitable for professional and administrative uses in Waterville.

    View details
    Waterville Office Building For Sale
    Waterville Office Building For Sale

    44-46 Elm Street, Waterville, ME 04901

    $499,000
    10,287 sqft 0.52 AC lot

    Over 10,000 SF of office and conference room space.

    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.

    Augusta Land Ready to Develop
    Augusta Land Ready to Develop

    450 W River Road, Augusta, ME 04330

    $199,000
    51.00 AC lot

    50+ acre parcel near I-95 and MaineGeneral Medical Center.

    View details
    Corner Commercial Development Lot
    Corner Commercial Development Lot

    595-597 Civic Center Drive, Augusta, ME 04330

    $875,000
    2,572 sqft 1.10 AC lot

    PD-zoned commercial land with existing buildings, public water and sewer available, and multiple approved use categories.

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    Improved Lot in Unity, Maine
    Improved Lot in Unity, Maine

    M12 L31-3 Stage Coach Road, Unity, ME 04988

    $70,000
    54,450.00 AC lot

    1.25 acre lot with power, water, and septic design.

    View details
    Land For Sale, Castine, ME
    Land For Sale, Castine, ME

    M17 L15 Perkins Street, Castine, ME 04421

    $795,000
    1.00 AC lot

    One acre of land for sale in Castine, Maine.

    View details

    Hallowell, ME Office Buildings Market Trends and Statistics

    Explore 2 office buildings 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 office properties 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%

    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 $740K

    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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