Retail

Hallowell, ME Retail Space for Sale

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Augusta, ME Farmingdale, ME Chelsea, ME Manchester, ME Gardiner, ME Randolph, ME West Gardiner, ME Pittston, ME
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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Hallowell, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Automotive Repair Shop with Paint Booth
Automotive Repair Shop with Paint Booth

1235 US-202, Winthrop, ME 04364

$1,675,000
6,384 sqft 2.00 AC lot

Established automotive facility combines repair, refinishing, engine rebuilding, and vehicle sales operations on a developed commercial site.

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Retail Property With Multiple Buildings
Retail Property With Multiple Buildings

2215 Us Route 202, Winthrop, ME 04364

$450,000
2.00 AC lot

Rural-zoned commercial property combining retail, office, storage, and service structures.

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Flex Space with Garage
Flex Space with Garage

418-424 Western Avenue, Augusta, ME 04330

$1,450,000
2.40 AC lot

Mixed-use commercial property combines office, retail, and automotive service areas with convenient interstate access.

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Pad-Ready Mixed-Use Development Sites
Pad-Ready Mixed-Use Development Sites

56 Western Ave, Augusta, ME 04330

Contact for pricing

Pad-ready sites and retail/office/medical suites are available in a new mixed-use development along Western Ave.

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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.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Hallowell, ME Retail Space Market Trends and Statistics

Explore 1 retail space for sale in Hallowell, ME on our real estate platform.

Sale prices for retail space in Hallowell, ME average $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

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 $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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