Specialty

Hallowell, ME Specialty Properties for Sale

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Multi-Tenant Office Building
Updated: Jul 11
Multi-Tenant Office Building

9 Union Street, Hallowell, ME 04347

$700,000
3,604 sqft 0.13 AC lot
3,604 square feet across three occupied floors, plus a basement
First‑floor family practice tenant and five tenants on the second and third floors
8.5% cap rate
0.13‑acre lot with paved parking for 6+ vehicles
Roof replaced in April 2026; cedar siding on two sides
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Multi-Tenant Office Building
Updated: Jul 20
Multi-Tenant Office Building

9 Union St, Hallowell, ME 04347

$700,000
3,604 sqft
3,604‑square‑foot office building constructed in 1900
Three floors with a family practice on the first floor and five additional tenants above
Paved parking lot with 6+ spaces
Wheelchair‑accessible ramp
New cedar siding on two sides
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 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.

Church with Office Addition
Church with Office Addition

15 Green Street, Augusta, ME 04330

$495,000
15,912 sqft 0.57 AC lot

A sprinkler system and elevator are among the building’s existing features.

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Waterfront Wedding Venue
Waterfront Wedding Venue

826 Somerville Road, Somerville, ME 04348

$599,000
5,160 sqft 25.80 AC lot

Renovated event facilities include a commercial kitchen, covered pavilion, private bridal suite, and ample parking.

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Commercially Zoned Church
Commercially Zoned Church

2 Howard Street, Augusta, ME 04330

$425,000
2,988 sqft 1.00 AC lot

A 1913 wood-frame and stucco facility with public utilities, basement space, and an accessible ramp approach.

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Waterfront Wedding Venue
Waterfront Wedding Venue

826 Somerville Rd, Somerville, ME 04348

$599,000
5,160 sqft

Renovated event hall with a commercial kitchen, outdoor pavilion, bath house, and substantial parking for gatherings.

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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.

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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Hallowell, ME Specialty Properties Market Trends and Statistics

Explore 2 specialty properties for sale in Hallowell, ME on our real estate platform. These investment opportunities span a total of 7,208 square feet of properties for sale, with an estimated market value of $1,400,000.

Sale prices for properties in Hallowell, ME average $700,000 — 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

1031 exchange properties 2
Churches & religious facilities 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 $750K

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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