103 Water StreetHallowell, ME 04347MLS Number 1547187

  • Sale Price: $1,350,000
  • 54 Days Since Sale
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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103 Water Street Hallowell ME 04347
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  • 0.34Acreage
  • 13,218Square Feet
What a spot. Downtown Hallowell's Anchor building is for sale. This stunning property has over 13,000 of fully occupied leased space. The first floor is a restaurant and training facility. The second floor is a real estate company, the third and fourth floors are the State of Maine and Maine Aquaculture. The property has new heat pumps, sprinkler system, rubber roof, paved parking. Building is 100% updated and occupied and has an extremely generous cap rate. Formerly ''key bank'', this is an amazing property either as an investment, 1031 tax free exchange, or to just collect rents and make money yourself.
Listed by Vallee Harwood & Blouin Real Estate

Sold by Vallee Harwood & Blouin Real Estate

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AllMaineHomes
Office: (207) 623-2100
104 Water Street
Hallowell, ME 04347

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Basic Information

  • Documents Available Other Member Only
  • Gross Income $146,400
  • Property Uses Office Building

Location

  • Address103 Water Street
  • Building Number103
  • CountyKennebec
  • Latitude44.286695
  • Longitude-69.790436
  • StateME
  • StreetWater Street
  • TownHallowell
  • Zip04347

Property

  • Water ViewYes

Interior

  • Flooring Carpet, Tile, Vinyl, Wood

Property Information

  • Acreage0.34
  • Lot Features Historic District, Near Shopping
  • Lot Size Square Feet 14,810
  • Lot Size Units Acres
  • Square Feet13,218

Legal

  • ZoningDOWNTOWN

Tax Information

  • Tax Book Number 11603
  • Tax Lot147
  • Tax Map Number 5
  • Tax Year 2022
  • Taxes$19,865

Building

  • BasementFull, Sump Pump
  • Building ConstructionBrick, Masonry
  • Building FeaturesFire System, Elevator Passenger
  • Commercial Bldg Information Gross Income $146,400
  • Commercial Bldg Information Operating Expenses $40,500
  • FoundationStone, Granite, Concrete Perimeter, Brick/Mortar
  • Garage Spaces
  • Year Built1825

Utilities

  • Electric Circuit Breakers
  • Gas Natural - At Street
  • Heat SystemBlowers, Forced Air, Heat Pump, Natural Gas
  • Heating FuelGas Natural
  • Heating YN Yes
  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed11/01/2022
  • Recreational Water Nearby
  • View Count21

Parking

  • Parking Features 11 - 20 Spaces, On Site, Paved

Basic Information

  • Agent ID000772
  • Broker ID3128
  • Broker NameVallee Harwood & Blouin Real Estate
  • List Price$1,550,000
  • LocationTypeDowntown, Historic District, Near Shopping, Water View
  • MLS Number1547187
  • Modification Date04/11/2023
  • Property SubTypeGeneral Commercial
  • Sale Date04/11/2023
  • Sale Price$1,350,000
  • Virtual TourView Tour

Exterior

  • Exterior Brick
  • RoofMembrane

Amenities

  • Cooling Heat Pump
  • Cooling YN Yes
  • Mls StatusClosed
  • Other AmenitiesBasement, Fireplace

Photos

  • Number of Photos54

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

All Maine Homes participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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