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$225,000
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Property Description
What a spot. One of the most visible properties downtown Hallowell. This high visibility property has 180' of prime road frontage. The two story structure consists of 2 rooms on the first floor and 2 rooms on the second floor. The 1/2 bath is on the second floor. Mudroom, walk-in closet, hot water baseboard heat, landscaped. There is a storm basin already on the property. Elevation design and full survey complete. An amazing location to build new units, or keep as is for your own business. Could also be converted back to a house.
Full Property Details
Full Property Details for 241 Water St
General
- Sold For: $225,000
- Taxes: $3,398 (2023)
- Status: Closed
- Type: Commercial
- Source: MREIS
- MLS ID: 1593374
- Added to Site: 71 day(s) ago
Business
- Business Type: Development, Office Building, Retail
Interior
- Interior Features: Storage
- Flooring: Vinyl, Carpet
Parking
- Parking Features: Gravel, 11 - 20 Spaces, On-Site Parking
Location
- County: Kennebec
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Wood Frame
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 1130
- Square Feet: 1,130
- Living Area: 1,130 Sq. Ft.
- Year Built: 1865
Lot Features
- Lot Size (Acres): 0.43
- Lot Size (Sq. Ft.): 18,730.8
- Zoning: downtown
- Lot Description: Downtown, Historic District, Near Shopping
Financial Considerations
- Tax Amount: $3,398
- Tax Year: 2023
Disclosures and Reports
- Lot Number: 112
Listed by Laer (207) 622-2220
Sold by Rizzo Mattson (207) 622-9000
Get Pre-Approved Today
Schools
Schools serving 241 Water St
School District:Regional School Unit 02
| Name | Grades | Distance |
|---|---|---|
Dresden Elementary School 86 Cedar Grove Road, Dresden, ME 04342 | PK-5 | 10.8 mi |
Monmouth Memorial School 130 Academy Road, Monmouth, ME 04259 | PK-8 | 12.2 mi |
Marcia Buker School 28 High Street, Richmond, ME 04357 | PK-5 | 13.6 mi |
Richmond Middle School 132 Main Street, Richmond, ME 04357 | 6-8 | 13.4 mi |
Monmouth Academy 96 Academy Road, Monmouth, ME 04259 | 9-12 | 12.3 mi |
Richmond High School 132 Main Street, Richmond, ME 04357 | 9-12 | 13.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 241 Water St
Date
Details
Price
Change
Source
11/25/2025
Sold
$225,000
-15.09%
MLS
7/30/2025
Price Reduced
$265,000
-3.64%
MLS
10/30/2024
Price Reduced
$275,000
-8.33%
MLS
6/14/2024
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
241 Water Street, Hallowell, ME 04347 (MLS# 1593374) is a Commercial property that was sold at $225,000 on November 25, 2025. Want to learn more about 241 Water Street? Do you have questions about finding other Commercial real estate for sale in Hallowell? You can browse all Hallowell real estate or contact a Coldwell Banker agent to request more information.

