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    Hallowell, ME Office Spaces for Sale

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    Augusta, ME Farmingdale, ME Chelsea, 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
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Hallowell, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Office and Short-Term Rental Property
    Office and Short-Term Rental Property

    76 and 80 Sewall Street, Augusta, ME 04330

    $625,000
    4,361 sqft 0.84 AC lot

    Two connected buildings offer office space and short-term rental use, plus a garage with a separate entrance.

    View details
    Mixed-Use Property with Office Rentals
    Mixed-Use Property with Office Rentals

    76 And 80 Sewall Street, Augusta, ME 04330

    $625,000
    4,361 sqft

    Two separate income-oriented setups include office space and short-term rental units, plus a garage with a separate entrance.

    View details
    Automotive Service Garage and Shop
    Automotive Service Garage and Shop

    501-509 Maine Avenue, Farmingdale, ME 04344

    $1,200,000
    1,760 sqft

    Two-building automotive-oriented property with multiple overhead doors, spray equipment, and extensive on-site parking.

    View details
    Live-Work Retail and Residence
    Live-Work Retail and Residence

    664 Maine Avenue, Farmingdale, ME 04344

    $350,000
    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.

    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.

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    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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    Land Near Maine General Hospital
    Land Near Maine General Hospital

    490-497 Old Belgrade Road, Augusta, ME 04330

    $179,000

    Land available near Maine General Hospital on Old Belgrade Road.

    View details
    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.

    View details

    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.

    2 Beech St
    Office Units

    2 Beech St, Hallowell, ME 04347

    Value Estimation by Request
    View details
    101 Second St
    Office Units

    101 Second St, Hallowell, ME 04347

    Value Estimation by Request
    28,700 sqft
    View details

    Hallowell, ME Office Spaces Market Trends and Statistics

    Explore 3 office spaces 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 spaces in Hallowell, ME average $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 3
    Office buildings 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 $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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