Restaurants

Hallowell, ME Restaurants for Sale

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Waterfront Ice Cream Restaurant
Updated: Feb 16
Waterfront Ice Cream Restaurant

176 Water Street, Hallowell, ME 04347

$395,000
40 feet of Kennebec River frontage
Large wraparound deck
Established family‑run ice cream business
Operating for several summer seasons
Downtown Hallowell location
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Downtown Commercial Land
Updated: Mar 8, 2024
Downtown Commercial Land

191-193 Water Street, Hallowell, ME 04347

$850,000
Large paved lot with dedicated parking
Views of the Kennebec River
Located in downtown Historic Hallowell
191‑193 Water Street, Hallowell, ME 04347
Near Hallowell Seafood & Produce, Lucky Garden, Cafe De Bangkok, Burano's, and Slates
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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.

Vineyard Estate with Winery and Dining
Vineyard Estate with Winery and Dining

10 Leeds Junction Road, Leeds, ME 04263

$2,950,000
9,343 sqft 68.25 AC lot

Vineyard estate with winery, tasting room, and restaurant, built in 2019 with private well, septic, and accessible ramp access.

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Restaurant and Lounge with Apartments
Restaurant and Lounge with Apartments

64 Main Street, Richmond, ME 04357

$795,000
6,214 sqft

Fully equipped restaurant plus two second-floor apartment units on Main Street with reported 5,160± cars/day traffic.

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Restaurant with Apartment Units ForSale
Restaurant with Apartment Units ForSale

64 Main St, Richmond, ME 04357

Contact for pricing
4,348 sqft

Well-known restaurant with apartments and high traffic location.

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Winery and Vineyard with Restaurant
Winery and Vineyard with Restaurant

10 Leeds Junction Road, Leeds, ME 04263

Contact for pricing
9,343 sqft

Turnkey winery and tasting room plus a modern restaurant with indoor and outdoor seating overlooking the vineyard.

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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 with River Views
Augusta Land with River Views

Arsenal Street, Augusta, ME 04330

Contact for pricing
0.22 AC lot

0.22-acre lot in Augusta, KBD2 zone, with Kennebec River views.

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Commercial Land with Existing Buildings
Commercial Land with Existing Buildings

595-597 Civic Center Drive, Augusta, ME 04330

$875,000
2,572 sqft 1.10 AC lot

PD-zoned commercial parcel with two existing buildings and public sewer service at a Civic Center Drive and Bog Road corner.

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Commercial Lot in Excellent Location
Commercial Lot in Excellent Location

118 Main Street, Lisbon Falls, ME 04252

$349,000
17,859 sqft 0.41 AC lot

Corner, level commercial lot with potential drive-through.

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Topsham Land For Sale
Topsham Land For Sale

118 Main Street, Topsham, ME 04086

$349,000
0.41 AC lot

Corner lot with drive-through potential in Topsham, Maine.

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Hallowell, ME Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Hallowell, ME on our real estate platform.

Sale prices for restaurant properties in Hallowell, ME start at $395,000, averaging $622,500, and reaching up to $850,000 — 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

Conventional restaurants 2
Drive through restaurants 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 $850K

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)

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