USAMEHallowell154-152-154 Water St
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$895,000

For Sale

16 days ago

154 - 152-154 Water St, Hallowell, ME

MLS® 1672398

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $5,474
Days Active 15
Approx. Age 
MLS® Number 1672398

Property Address: 154-152-154 Water St, Hallowell, ME, 04347-1315

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Downtown Hallowell Investment Opportunity 154 & 152 Water Street are being offered together, presenting a rare opportunity to own two of the most prominent and recognizable buildings in the heart of downtown Hallowell. Featuring stunning historic cast-iron storefronts, these landmark properties offer outstanding visibility, character, and endless potential. With approximately 50 feet of owned frontage on the Kennebec River, this unique offering combines iconic downtown real estate with the rarity of waterfront ownership. Large rear decks overlook the river, creating an exceptional setting for restaurants, offices, residential units, or gathering spaces with breathtaking water views. The spacious commercial storefronts are ideal for retail, restaurant, office, gallery, or professional use, while the upper floors present an excellent opportunity for apartments, short-term rentals, offices, or additional commercial space. Recent improvements include new roofs on both buildings, new rear decks, and many new windows that have already been installed. Inside, you'll find beautiful hardwood floors, abundant natural light from oversized display windows, and the timeless craftsmanship that makes these buildings truly special. Whether you're an investor, entrepreneur, or developer, this is a once-in-a-generation opportunity to acquire two historic downtown buildings, 50 feet of owned Kennebec River frontage, and exceptional income and redevelopment potential, all in the center of one of Maine's most vibrant and sought-after downtown communities.
MLS® Number1672398
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNo Heat Fuel, None
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 17, 2026List Date
$895,000List Price
  • Commute

Commute

Starting Address
Destination Address
152-154 Water St, Hallowell, ME

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