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Hallowell, ME Storefront Properties for Sale

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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

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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 9 Potential Opportunities for your consideration. Besides 3 Active listings in Hallowell, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

Four-Story Mixed-Use Building
Four-Story Mixed-Use Building

99 Main Street, Waterville, ME 04901

$650,000
13,413 sqft 0.15 AC lot

Historic masonry property with retail, office, and mixed-use potential in a central commercial setting.

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Mixed-Use Property with Lake Access
Mixed-Use Property with Lake Access

14 Lakeshore Drive, Belgrade, ME 04917

$789,000
4,500 sqft 3.28 AC lot

Income-producing property combines three apartments, a rented mobile home, and an unused storefront in Belgrade Lakes Village.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

14 Lakeshore Drive, Belgrade, ME 04917

$789,000
4,500 sqft 3.28 AC lot

Commercial space, three apartments, and a rented mobile home occupy this multi-component property near Belgrade Village.

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Three-Story Mixed-Use Redevelopment
Three-Story Mixed-Use Redevelopment

155 - 165 Main St, Waterville, ME 04901

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53,500 sqft

Three-story mixed-use site with two adjacent buildings and a rear parking lot, positioned near Colby College expansion.

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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

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0.22 AC lot

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

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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 Storefront Properties Market Trends and Statistics

Explore 3 storefront properties 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 retail units 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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