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Hallowell, ME Retail Properties & Spaces for Sale

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Augusta, ME Farmingdale, ME Chelsea, ME Randolph, ME Manchester, ME Gardiner, ME Pittston, ME West Gardiner, ME
Waterfront Mixed-Use Buildings
Updated: Jul 17
Waterfront Mixed-Use Buildings

152-154 Water Street, Hallowell, ME 04347

$895,000
3,804 sqft 0.06 AC lot
Two‑building offering at 152‑154 Water Street in downtown Hallowell
3,804 square feet on a 0.06‑acre parcel
Approximately 50 feet of owned Kennebec River frontage
Cast‑iron storefronts with oversized display windows and wood flooring
New roofs and rear decks, with many windows replaced
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Historic Mixed-Use Buildings
Updated: Jul 13
Historic Mixed-Use Buildings

152-154 Water Street, Hallowell, ME 04347

$895,000
3,804 sqft
Two historic downtown buildings offered together at 152‑154 Water Street
Approximately 50 feet of owned Kennebec River frontage
Large rear decks overlooking the Kennebec River
Commercial storefronts with cast‑iron detailing and oversized display windows
Upper floors provide space for residential, office, or additional commercial use
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Historic Mixed-Use Buildings with Riverfront
Historic Mixed-Use Buildings with Riverfront

152 Water St, Hallowell, ME 04347

Contact for pricing

Two downtown buildings combine commercial storefronts, upper-level space, historic character, and direct Kennebec River frontage.

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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 16 Potential Opportunities for your consideration. Besides 3 Active listings in Hallowell, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

Masonry Flex Building with Parking
Masonry Flex Building with Parking

36 Water Street, Randolph, ME 04346

$1,000,000
6,820 sqft 1.38 AC lot

Open commercial space with concrete floors, high ceilings, garage access, and parking for vehicles.

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Two-Building Office Property
Two-Building Office Property

2 Bangor St, Augusta, ME 04330

$599,000
10,786 sqft

Income-producing commercial offering combines leased space with flexible layouts, elevator access, and office-retail functionality.

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Flex Space with Garage Access
Flex Space with Garage Access

36 Water Street, Randolph, ME 04346

$1,000,000
6,820 sqft

Masonry commercial building with an open interior, tall trussed ceilings, concrete floors, parking, and an existing kitchen.

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Mixed-Use Property with Apartment
Mixed-Use Property with Apartment

59 Bangor St, Augusta, ME 04330

$450,000
2,756 sqft

Current configuration includes a one-bedroom apartment and three office spaces in a 1978 mixed-use property.

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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

Corner commercial parcel with two existing structures, public sewer, and PD zoning for a broad range of potential uses.

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Corner Parcel in Whitefield, ME
Corner Parcel in Whitefield, ME

168 Main Street, Whitefield, ME 04353

$199,000
1.20 AC lot

1.2-acre corner parcel near Augusta with development potential.

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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.

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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.

116 2nd St
RESIDENTIAL PARKING GARAGE

116 2nd St, Hallowell, ME 04347-1476

Estimated value:
$185,000
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270 Winthrop St
FINANCIAL BUILDING

270 Winthrop St, Hallowell, ME 04347-3029

Estimated value:
$70,000
1,811 sqft 1.50 AC lot
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14 Greenville St
FINANCIAL BUILDING

14 Greenville St, Hallowell, ME 04347-1125

Estimated value:
$190,000
1,280 sqft 0.16 AC lot
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2 Water St
Individual retail properties

2 Water St, Hallowell, ME 04347

Estimated value:
No data
725 sqft
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14 Winthrop St
FINANCIAL BUILDING

14 Winthrop St, Hallowell, ME 04347-1350

Estimated value:
$310,000
1,850 sqft 0.55 AC lot
View details

Hallowell, ME Retail Properties & Spaces Market Trends and Statistics

Explore 8 retail properties & spaces for sale in Hallowell, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,608 square feet of properties for sale, with an estimated market value of $1,790,000.

Sale prices for stores in Hallowell, ME average $895,000 — 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

Storefront properties 3

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 $895K

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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