18 Hope Dr, Hallowell, ME 04347
This exceptional 5,000 square foot freestanding industrial building presents a compelling owner-user opportunity in Hallowell, Maine. Located at 18 Hope Dr, this Class B property boasts a desirable location with highway visibility, offering excellent exposure for any business. The single-story building features 16-foot ceilings, two loading docks, and two dock-high doors, providing ample space and efficient loading capabilities. Currently leased to Pinnacle Window Solutions through April 30, 2026, with a base rent of $30,000 annually on a modified gross lease, this property offers immediate income potential. The property sits on approximately one acre of land in Kennebec County, zoned Rural Farm (APN 18B/56). The asking price is $375,000, translating to $75 per square foot. This represents a unique chance to acquire a well-maintained industrial space with significant potential for growth and profitability. The property's proximity to central Maine markets further enhances its appeal. Further details regarding lot size and laydown area are available upon request. This is a single-unit building, ideal for a variety of industrial uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.