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INVESTORS TAKE NOTE!! Beautifully maintained professional building intown desirable Hallowell. 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
Property Type(s):
Commercial
| Last Updated | 10/14/2025 | Year Built | 1900 |
|---|---|---|---|
| County | Kennebec |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Sump Pump, Unfinished, Yes |
| CONSTRUCTION | Clapboard |
| HEAT | Baseboard, Forced Air, Hot Water |
| LOT | 5663 sq ft |
| MLS STATUS | Active |
| PARKING | On Site, Paved |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 13082 |
| WATER | Public |
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IDX data provided by Market Leader, courtesy of Maine Listings.
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