192 Water Street, Hallowell, ME 04347
$1,195,000
Property Type:
Multi-Family
Baths:
2
Square Footage:
7,380
Lot Size (sq. ft.):
11,326
Status:
Active
Current Price:
$1,195,000
List Date:
2/01/2026
Last Modified:
2/01/2026
Description
Exciting opportunity to own a commercial waterfront property on the Kennebec River. This sale includes three parcels: two interconnected buildings and a parcel used by the restaurant as patio. 89 feet of unobstructed river views. The buildings were extensively renovated and updated in mid 2000's+/-. Currently, there is a 2-bedroom, 1.5-bath residential apartment with a covered deck that overlooks the river. The commercial space offers approximately 5900 square feet, featuring multiple dining areas and office space, along with an additional 1100 square feet of lower-level storage. Additional store front retail space and a rear office/studio unit available to lease out. All new electrical, plumbing, heating and foundation redone during the mid 2000 renovations. By appointment only, please do not disturb the tenants and restaurant employees.
Supplements: ********
More Information MLS# 1650849
Location Information
Book: 14534
Leased Land: No
Page: 239
Map: 009
Lot: 179,180,181
Zoning Overlay: Unknown
Association: No
Tree Growth Y/N: No
Street #: 192
Street Name: Water
Street Type: Street
County: Kennebec
Town: Hallowell
State/Province: ME
Zip Code: 04347
Zip +4: 1315
Zoning: Comm
Full Tax Amount $: 13000
Tax Year: 2025
Geo Lat: 44.284923
Geo Lon: -69.790052
Property Information
Surveyed: Yes
Seasonal: No
Number of Units: 1
Lot Size Acres +/-: 0.26
Total Baths: 2
Total Half Baths: 1
Road Frontage: Yes
Road Frontage +/-: 86
Source of Road Frontage: Survey
SqFt Finished Above Grade: 7380
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Garage: No
Total Full Baths: 1
Year Built: 1840
SqFt Finished Total: 7380
Source of Acreage: Survey
Levels
Multi-Level: 1
Site
Level: 1
Location
Intown: 1
Roads
Private Road: 1
Public: 1
Water Info
Water Frontage: Yes
Waterfront Amount: 89
Water Frontage Owned: 89
Water Frontage Shared: 0
Water View: Yes
Water Body Name: Kennebec
Source of Water Frontage
Survey: 1
Water Body Type
River: 1
Recreational Water
Deeded: 1
River/Brook/Stream: 1
Waterfront Deep: 1
Style
Other: 1
Construction
Masonry: 1
Wood Frame: 1
Basement
Full: 1
Walk-Out Access: 1
Foundation Materials
Block: 1
Brick/Mortar: 1
Poured Concrete: 1
Exterior
Brick: 1
Clapboard: 1
Roof
Membrane: 1
Shingle: 1
Heat System
Forced Air: 1
Heat Pump: 1
Hot Water: 1
Heat Fuel
Electric: 1
Gas Bottled: 1
Oil: 1
Income & Expenses
Gross Income: 120000
Operating Expenses: 18000
Cooling
Central Air: 1
Heat Pump: 1
Floors
Tile: 1
Wood: 1
Units
# of 2 BD Units: 1
Parking
5 - 10 Spaces: 1
Off Street: 1
Unit 1
Lease: No
Level: Third
Security Deposit: No
Monthly Rent: 1500
# Full Baths: 1
# of Half Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Gas
Bottled: 1
Sewer
Public Sewer: 1
Water
Public: 1
Driveway
Gravel: 1
Basement Entry
Interior: 1
Water Heater
Off Heating System: 1
Vehicle Storage
4+ Car: 1
No Vehicle Storage: 1
Contract Information
Status: Active
Original List Price: 1195000
List Price: $1,195,000
Current Price: $1,195,000
Property Features
Site: Level
Location: Intown
Roads: Private Road; Public
Source of Water Frontage: Survey
Water Body Type: River
Recreational Water: Deeded; River/Brook/Stream; Waterfront Deep
Style: Other
Levels: Multi-Level
Construction: Masonry; Wood Frame
Basement: Full; Walk-Out Access
Basement Entry: Interior
Foundation Materials: Block; Brick/Mortar; Poured Concrete
Exterior: Brick; Clapboard
Roof: Membrane; Shingle
Heat System: Forced Air; Heat Pump; Hot Water
Heat Fuel: Gas Bottled; Oil
Water Heater: Off Heating System
Cooling: Central Air; Heat Pump
Floors: Tile; Wood
Driveway: Gravel
Parking: 5 - 10 Spaces; Off Street
Vehicle Storage: 4+ Car; No Vehicle Storage
Electric: Circuit Breakers
Gas: Bottled
Sewer: Public Sewer
Water: Public
Documents
Listing Office:
RE/MAX Riverside
IDX
Last Updated: February - 01 - 2026
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. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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