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47 Water StreetHallowell, ME 04347Price: $795,000

  • Price: $795,000
  • 44 Days on Market
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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.
  • $795,000List Price
  • 2.63Acreage
  • 1990Year Built
  • 10,754Square Feet

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Listed by Vallee Harwood & Blouin Real Estate
A multi purpose commercial building with 10,754 square feet on two floors on 2.63 acres in Hallowell Maine! Presently there are five distinct places to lease or own . The possibilities are endless as this building has four entrances and ample parking for all with over 34 spaces. The whole building is bathed in natural light and there are 42 windows to insure a pleasant working environment. The present configuration has 4 leasable spaces on the first floor and the second floor is used by the seller as their office space. This area has 5 private office's and a premier conference room .There is also open area that accommodates 25 open work stations that are large. Plenty of room to have over over 34 co- workers here as over 5248 square feet .and has two bathrooms and a Kitchen .Presently this floor is open but could easily be converted to two separate spaces as your needs dictate . The first floor has two professional offices with tenants for income . One space has three rooms and a bathroom that is 650sf and the other leased space has 6 rooms and a bathroom in 900 sf . Presently one vacant space is set up as gym and has 3 rooms and a full bath. It is over 1230 sf. The other possible vacant rental space has 5 private offices and a reception area and open space and is 1500 sf. This building has air conditioning natural gas , propane and oil fired hot water baseboard heat and radiant heat on the second floor .and a huge back up generator to keep things running all the time . An ideal location only 700 steps on the sidewalk to beautiful and always interesting downtown Hallowell. The state house in Augusta is only 1.1 miles away .The seller is willing to relocate from the second floor and is willing to discuss leased back space as part of a sale in this or another part of the building .this building has so many possibilities and an easy conversion to adjust the leased space to meet current demand A perfect combination of owner occupied or investor leased space

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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

Cornerstone Your Realty 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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