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Property Description
A multi purpose commercial building with 10,754 square feet on two floors on 2.63 acres in Hallowell Maine! Presently there are five distinct places to lease or own . The possibilities are endless as this building has four entrances and ample parking for all with over 34 spaces. The whole building is bathed in natural light and there are 42 windows to insure a pleasant working environment. The present configuration has 4 leasable spaces on the first floor and the second floor is used by the seller as their office space. This area has 5 private office's and a premier conference room .There is also open area that accommodates 25 open work stations that are large. Plenty of room to have over over 34 co- workers here as over 5248 square feet .and has two bathrooms and a Kitchen .Presently this floor is open but could easily be converted to two separate spaces as your needs dictate . The first floor has two professional offices with tenants for income . One space has three rooms and a bathroom that is 650sf and the other leased space has 6 rooms and a bathroom in 900 sf . Presently one vacant space is set up as gym and has 3 rooms and a full bath. It is over 1230 sf. The other possible vacant rental space has 5 private offices and a reception area and open space and is 1500 sf. This building has air conditioning natural gas , propane and oil fired hot water baseboard heat and radiant heat on the second floor .and a huge back up generator to keep things running all the time . An ideal location only 700 steps on the sidewalk to beautiful and always interesting downtown Hallowell. The state house in Augusta is only 1.1 miles away .The seller is willing to relocate from the second floor and is willing to discuss leased back space as part of a sale in this or another part of the building .this building has so many possibilities and an easy conversion to adjust the leased space to meet current demand A perfect combination of owner occupied or investor leased space
Full Property Details
Full Property Details for 47 Water St
General
- Sold For: $500,000
- Taxes: $21,379 (2022)
- Status: Closed
- Type: Commercial
- Source: MREIS
- MLS ID: 1556787
- Added to Site: 1, 037 day(s) ago
Business
- Business Type: Commercial, Development, Freestanding Building, Execu
Interior
- Flooring: Tile, Carpet
Additional Information
- Equipment: Internet Access Available
Parking
- Parking Features: 21 or More Spaces, On-Site Parking, Paved
Location
- County: Kennebec
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Air Conditioning Units
- Heating Type: Radiant, Hot Water, Forced Air, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Private
Structural Information
- Detached/Attached: Detached
- Construction: Shingle Siding, Composition, Wood Frame
- Basement Desc.: None
- Roof: Flat, Membrane
- Stories/Levels: 2
- Building Size: 10754
- Square Feet: 10,754
- Year Built: 1990
- Other Struct. Feat.: Security System, Generator, Fire System, Sprinkler - Wet
Lot Features
- Lot Size (Acres): 2.63
- Lot Size (Sq. Ft.): 114,562.8
- Zoning: Business A
- Lot Description: Near Turnpike/Interstate, Near Airport, Downtown, Business District, Near Shopping
Financial Considerations
- Tax Amount: $21,379
- Tax Year: 2022
Disclosures and Reports
- Lot Number: 159-A
Listed by Vallee Harwood & Blouin Real Estate (207) 622-2220
Vallee Harwood & Blouin Real Estate (207) 622-2220
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Schools
Schools serving 47 Water St
School District:Regional School Unit 02
| Name | Grades | Distance |
|---|---|---|
Dresden Elementary School 86 Cedar Grove Road, Dresden, ME 04342 | PK-5 | 11.5 mi |
Monmouth Memorial School 130 Academy Road, Monmouth, ME 04259 | PK-8 | 12.5 mi |
Marcia Buker School 28 High Street, Richmond, ME 04357 | PK-5 | 14.3 mi |
Richmond Middle School 132 Main Street, Richmond, ME 04357 | 6-8 | 14.1 mi |
Monmouth Academy 96 Academy Road, Monmouth, ME 04259 | 9-12 | 12.6 mi |
Richmond High School 132 Main Street, Richmond, ME 04357 | 9-12 | 14.1 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 47 Water St
Date
Details
Price
Change
Source
11/14/2023
Sold
$500,000
-37.11%
MLS
4/21/2023
Listed
$795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
47 Water Street, Hallowell, ME 04347 (MLS# 1556787) is a Commercial property that was sold at $500,000 on November 14, 2023. Want to learn more about 47 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.

