For Lease
Property summary
This 725-square-foot free-standing retail building at 2 Water Street in Hallowell, Maine, presents a unique investment opportunity. Built in 1980, the Class C property is zoned BA - Business A and boasts ample parking with over 20 spaces. The entire building, totaling 725 square feet, is currently vacant, offering immediate occupancy for a new tenant. Its previous use as a Dairy Queen highlights the potential for a variety of permitted businesses, particularly those benefiting from a drive-through window, a feature still present on the property. Located on the highly trafficked Route 201, this location provides excellent visibility and accessibility. The property sits conveniently near the Augusta city line, within a thriving community. The landlord prohibits marijuana-related uses. This is an ideal space for a business seeking high visibility and convenient access in a strong community location. The property is situated in Kennebec County, Maine, with a zip code of 04347. The building's location offers significant advantages for businesses seeking a high-traffic location with ample parking. The vacant space presents a blank canvas for a new business to establish itself in a desirable area.
Property profile
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Location
Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Location Insight
- Alternative use
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