$740,000
( $205.33Per Sq Foot )
$3,972 est/mo Sourced by Back At You9 Union Street,Hallowell, ME 04347
Hallowell, ME 04347
Description
INVESTORS TAKE NOTE!! Beautifully maintained professional building intown desirable Hallowell. New Roof April 2026. First floor anchor tenant is an extremely successful family practice with rock solid lease. The second and third floors have five tenants with tremendous growth potential. All 5 tenants pay extremely low rents but are very solid. The real estate has stunning curb appeal, new cedar siding on two sides, a paved parking lot with 6+ spaces, wheelchair accessible ramp, great visibility and so much more. It's a great place to park your money or for a 1031 tax free exchange. 7% cap rate
Details
| MLS # | 1640742 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 342 |
| Listing Provided By | LAER | Christopher Vallee |
Features
| SQ Feet | 3,604 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Zoning | RB2 |
| Acreage | 0.13 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Accessibility Features | Accessible Approach with Ramp |
| Building Features | Security System |
Exterior
| Roof | Shingle |
|---|---|
| Foundation Details | Granite, Poured Concrete |
| Lot Features | Historic District, Downtown, Near Shopping |
| Construction Materials | Wood Frame, Clapboard |
| Exterior Co Exterior | Clapboard |
Parking
| Parking Features | 5 - 10 Spaces, On Site, Paved |
|---|
Utilities
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
Taxes
| Tax Annual Amount | 13082 |
|---|---|
| Tax Book Number | 6264 |
| Tax Year | 2024 |
| Tax Lot | 156 |
| Tax Map Number | 9 |
Area Information
| State | ME |
|---|---|
| County | Kennebec |
| City | Hallowell |
| Zip Code | 04347 |
| Area | Kennebec |
| Listing VS Median (in 04347) | |
Price: $740,000 low | high Med: $525,000 sqft: 3,604 low | high Med: 1,700 $ / sqft: $205 low | high Med: $309 On site: 342 low | high Med: 52 | |
Market Activity 04347
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
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Learn More About This Property
| State | ME |
|---|---|
| County | Kennebec |
| City | Hallowell |
| Zip Code | 04347 |
| Area | Kennebec |
| Listing VS Median (in 04347) | |
Price: $740,000 low | high Med: $525,000 sqft: 3,604 low | high Med: 1,700 $ / sqft: $205 low | high Med: $309 On site: 342 low | high Med: 52 | |
Listing Updated: June 24, 2026 at 3:40:07 PM PDT