103 Water Street, Hallowell, ME 04347 | 1511499 | Engel & Völkers Casco Bay

103 Water Street $1,500,000

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    103 Water Street Hallowell, ME 04347

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    $1,500,000

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    • 0.34 Acres
    • Commercial
    • MLS# 1511499
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    Property Details

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    Downtown Hallowell's Anchor building is for sale. Over 13,000 s.f. of beautiful space. First floor has 2 storefronts, one is occupied by an Indian/Pakistani restaurant, the other is vacant and is the most visible location in all of downtown (formerly key bank). The second thru fourth floor is fully leased. Second floor has a real estate agency and a lobbyist. Third floor has the State of Maine, and the fourth floor has Maine Aquaculture. Large parking lot, sprinkler system throughout, rubber roof, new heat pumps, elevator, handicap accessible, corner lot, extremely visible. Beautifully maintained!!

    • General Features
      • Leases Yes
      • Primary Use Investment
      • Leased Land No
      • Year Built 1825
      • Tax Year 2020
      • Full Tax Amount $19,238
      • Location Downtown,Historic District,Water View
    • Building Features
      • Basement Full, Sump Pump, Unfinished
      • Commercial Bldg Information Gross Income 144781.00
      • Commercial Bldg Information Total Units 6
      • Commercial Bldg Information Operating Expenses 38233.00
      • Roof Membrane
      • Cooling Heat Pump
      • Construction Masonry
      • Exterior Brick
      • Electric Circuit Breakers
      • Heat System Blowers, Forced Air, Heat Pump
      • Heat Fuel Gas Natural
      • Floors Carpet, Tile, Vinyl, Wood
      • Gas Natural - On Site
    • Property Features
      • Parking 11 - 20 Spaces,On Site,Paved
      • Property Uses Office Building,Restaurant,Retail
      • Sewer Public Sewer
      • Water Public

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    Neighborhood

    04347 (Hallowell) Demographics

    37 Median Age
    402 Population Density (per sq. mile)
    60% College Educated
    $57,635 Estimated Median Income
    559 Estimated Total Home Owners
    545 Estimated Total Renters
    51% / 49% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    2,445 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    6 New On Market

    Average Days on Site

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        IDX 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. © 2021 Maine Real Estate Information System, Inc. All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.