2 Water St Hallowell, ME 04347
- Freestanding property
- 725 SF
Current Use by Public Records
- Freestanding property
Property Details for 2 Water St
- Year built
- 1980
- Property size
- 725 SF
- Property type
- Freestanding property
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hallowell
- County
- Kennebec
- State
- Maine
- Longitude
- -69.8126639
- Latitude
- 44.2929172
