Hallowell, ME Storefront properties for sale

Updated: Jul 17

Waterfront Mixed-Use Buildings

152-154 Water Street, Hallowell, ME 04347

$895,000

3,804 sqft 0.06 AC lot

3,804‑square‑foot combined property size on a 0.06‑acre site
Approximately 50 feet of owned Kennebec River frontage
Two commercial buildings with cast‑iron storefronts and oversized display windows
New roofs, rear decks, and many new windows
Commercial zoning with public water and public sewer

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This listing looks promising.

Here's a quick look at some key insights for

152-154 Water Street, Hallowell, ME 04347

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Est. Cap Rate

4.4%
NOI ÷ price
Est. NOI

$39K
Annual
Price @ 7% Cap

$561K
Suggested

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Updated: May 22, 2023

Historic Riverfront Mixed-Use Property

156 Water Street, Hallowell, ME 04347

$650,000

Four apartments plus a first‑floor retail space
1809 construction using Hallowell granite
Two 12' x 28' decks overlooking the Kennebec River
Five parking spots: two under the deck and three at the riverbank
Downtown zoning at 156 Water Street, Hallowell, ME 04347

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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.

Two-Story Flex Building

2880 Riverside Drive, Vassalboro, ME 04989

$750,000

13,380 sqft 3.00 AC lot

Rural-zoned commercial property with offices, loading areas, storage, and on-site parking.

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Retail Space with Storage

2880 Riverside Drive, Vassalboro, ME 04989

$975,000

13,380 sqft 21.98 AC lot

Retail property with leased booths, on-site storage, included equipment, and a flexible interior arrangement.

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Four-Unit Multifamily Property

14 Lakeshore Drive, Belgrade, ME 04917

$789,000

4,500 sqft 3.28 AC lot

Three residential apartments are currently rented, alongside a vacant storefront, on a Long Pond waterfront parcel.

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Mixed-Use Waterfront Income Property

14 Lakeshore Drive, Belgrade, ME 04917

$789,000

4,500 sqft

Three rented apartments plus a vacant storefront and an additional rented mobile home with shared Long Pond frontage.

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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

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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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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Cleared Commercial Land with Septic

001 Popham Road, Phippsburg, ME 04562

$199,000

3.34 AC lot

Cleared coastal parcel with a commercial-grade septic system in place and Res/Com zoning for flexible residential or commercial use.

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Land For Sale, Castine, ME

M17 L15 Perkins Street, Castine, ME 04421

$795,000

1.00 AC lot

One acre of land for sale in Castine, Maine.

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Hallowell, ME Storefront Properties Market Trends and Statistics

Explore 2 storefront properties for sale in Hallowell, ME on our real estate platform. These investment opportunities span a total of 3,804 square feet of properties for sale, with an estimated market value of $1,545,000.

Sale prices for retail units in Hallowell, ME start at $650,000, averaging $772,500, and reaching up to $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.

Neighborhood	Average Price
04347	$895K

Neighborhood

Average Price

04347

$895K