9 Union Street, Hallowell, ME 04347
$750,000
Property Type:
Commercial
Square Footage:
3,604
Lot Size (sq. ft.):
5,663
Status:
Active
Current Price:
$750,000
List Date:
10/14/2025
Last Modified:
10/15/2025
Description
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
Supplements: ********
More Information MLS# 1640742
Location Information
Book: 6264
Leased Land: No
Page: 131
Map: 9
Lot: 156
Zoning Overlay: Unknown
Tree Growth Y/N: No
Association Y/N: No
Street #: 9
Street Name: Union
Street Type: Street
County: Kennebec
Town: Hallowell
State/Province: ME
Zip Code: 04347
Zip +4: 1365
Zoning: RB2
Full Tax Amount $: 13082
Tax Year: 2024
Geo Lat: 44.285476
Geo Lon: -69.791172
Property Information
Primary Use: Office
Surveyed: Unknown
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
Lot Size Acres +/-: 0.13
Year Renovated +/-: 2000
Tenancy: Multiple Tenants
Leases: Yes
Total # Floors: 3
Year Built: 1900
SqFt Finished Total: 3604
Location
Downtown: 1
Historic District: 1
Near Shopping: 1
Commercial Bldg Information
Gross Income: 84300
Operating Expenses: 29461
Total Units: 6
Water Info
Water Frontage: No
Property Uses
Freestanding Building: 1
Medical: 1
Office Building: 1
Construction
Wood Frame: 1
Levels
Multi-Level: 1
Basement
Bulkhead: 1
Full: 1
Sump Pump: 1
Unfinished: 1
Foundation Materials
Granite: 1
Poured Concrete: 1
Exterior
Clapboard: 1
Roof
Shingle: 1
Heat System
Baseboard: 1
Forced Air: 1
Hot Water: 1
Heat Fuel
Electric: 1
Oil: 1
Cooling
Central Air: 1
Floors
Carpet: 1
Hardwood: 1
Vinyl: 1
Accessibilitiy Amenities
Ramped Main Level: 1
Building Features
Security System: 1
Parking
5 - 10 Spaces: 1
On Site: 1
Paved: 1
Electric
Circuit Breakers: 1
Utilities
Utilities On: Yes
Sewer
Public Sewer: 1
Water
Public: 1
Contract Information
Status: Active
Original List Price: 750000
List Price: $750,000
Current Price: $750,000
Property Features
Location: Downtown; Historic District; Near Shopping
Construction: Wood Frame
Levels: Multi-Level
Property Uses: Freestanding Building; Medical; Office Building
Basement: Bulkhead; Full; Sump Pump; Unfinished
Foundation Materials: Granite; Poured Concrete
Exterior: Clapboard
Roof: Shingle
Heat System: Baseboard; Forced Air; Hot Water
Heat Fuel: Oil
Cooling: Central Air
Floors: Carpet; Hardwood; Vinyl
Building Features: Security System
Parking: 5 - 10 Spaces; On Site; Paved
Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Documents
Property Disclosure Public Access ›
Listing Office:
LAER
IDX
Last Updated: October - 15 - 2025
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