232 Water Street, Hallowell, ME 04347

$1,350,000
Property Type: Commercial Square Footage: 5,413 Lot Size (sq. ft.): 39,640 Status: Active
Current Price: $1,350,000 List Date: 10/06/2025 Last Modified: 11/07/2025

Description

What a spot!!! Sweeping views and potential galore comes with this fantastic and rare piece of property in desirable downtown Hallowell. The updated structure has over 5400 s.f. of space between two existing tenants. The paved parking lot has parking for over 80 vehicles. There are 2 dock entrances. The opportunities are endless. Ideal for development or a marina with an enormous amount of water frontage with sweeping views up and down the river and tremendous visibility from the road.

Supplements: ********

More Information MLS# 1605458

Location Information

Book: 9446 Leased Land: No Page: 239 Map: 9 Lot: 194 Zoning Overlay: Unknown Tree Growth Y/N: No Association Y/N: No Street #: 232 Street Name: Water Street Type: Street County: Kennebec Town: Hallowell State/Province: ME Zip Code: 04347 Zoning: Downtown Full Tax Amount $: 14578 Tax Year: 2023 Geo Lat: 44.281766 Geo Lon: -69.791516

Property Information

Primary Use: General Commercial Surveyed: Unknown Deed/Conveyance Type Offered: Warranty Deed: All Lot Size Acres +/-: 0.91 Year Renovated +/-: 2009 Tenancy: Multiple Tenants Leases: Yes Road Frontage +/-: 288 Total # Floors: 1 Year Built: 1965 SqFt Finished Total: 5413

Location

Deep Water Access: 1 Downtown: 1 Historic District: 1 Near Shopping: 1 Water View: 1 Waterfront: 1

Commercial Bldg Information

Total Units: 2

Water Info

Water Frontage: Yes Waterfront Amount: 300 Water Frontage Owned: 300 Water View: Yes Water Body Name: Kennebec River

Source of Water Frontage

Other: 1

Property Uses

Office Building: 1 Restaurant: 1

Water Body Type

River: 1

Recreational Water

Waterfront Deep: 1

Construction

Wood Frame: 1

Basement

Crawl Space: 1 Full: 1

Foundation Materials

Poured Concrete: 1

Exterior

Clapboard: 1

Roof

Membrane: 1

Heat System

Forced Air: 1 Space Heater: 1

Heat Fuel

Propane: 1

Cooling

Central Air: 1

Floors

Laminate: 1 Tile: 1 Wood: 1

Parking

21+ Spaces: 1 On Site: 1 Paved: 1

Electric

Circuit Breakers: 1

Gas

Bottled: 1

Sewer

Public Sewer: 1

Water

Public: 1

Contract Information

Status: Active Original List Price: 1500000 List Price: $1,350,000 Current Price: $1,350,000

Property Features

Location: Deep Water Access; Downtown; Historic District; Near Shopping; Water View; Waterfront Source of Water Frontage: Other Water Body Type: River Recreational Water: Waterfront Deep Construction: Wood Frame Property Uses: Office Building; Restaurant Basement: Crawl Space; Full Foundation Materials: Poured Concrete Exterior: Clapboard Roof: Membrane Heat System: Forced Air; Space Heater Heat Fuel: Propane Cooling: Central Air Floors: Laminate; Tile; Wood Parking: 21+ Spaces; On Site; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: LAER
IDX
Last Updated: November - 07 - 2025
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