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103 Water Street

Hallowell, ME 04347
  • $1,550,000
  • STATUS: Active
  • MLS #: 1547187
UPDATED: 62 min ago
$1,550,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,218
    SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1825
County:
Area:

School Ratings & Info

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Description

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.

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-11-28T18:50:42.887.
www.yoursouthernmaineagent.com/homes/134413841
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103 Water Street Hallowell, ME 04347

  • Price: $1,550,000
  • Status: Active
  • On Site: Days
  • Updated: 62 min ago
  • MLS #: 1547187
0
Beds
0
Baths
0
½ Baths
0.34
Acres
13,218
SQFT
$117
$/SQFT
1825
Built
Neighborhood:
Hallowell
County:
Kennebec
Area:
Hallowell
Property Description
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.
Exterior Features

Construction Masonry Exterior Brick Foundation Materials Brick/MortarGranitePoured ConcreteStone Parking 11 - 20 SpacesOn SitePaved Roof Membrane

Interior Features

Basement FullSump Pump Cooling Heat Pump Gas Natural - At Street Heat Fuel Gas Natural Heat System BlowersForced AirHeat Pump

Property Features

Building Features Elevator PassengerFire System Electric Circuit Breakers Full Tax Amount Amount 19865.00 Leased Land No Leases Yes Location DowntownHistoric DistrictNear ShoppingWater View Property Uses Office Building Sewer Public Sewer Surveyed Unknown Tax Year 2022 Water Public Zoning Downtown

Listing provided courtesy of Vallee Harwood & Blouin Real Estate: [IDXCONTACTINFORMATION].

© 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-11-28T18:50:42.887.
 
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Keller Williams Realty
50 Sewall Street
Portland ME, 04102
Mortgage Calculator tool is provided by BoomTown.