175 Water Street Suite 1

Retail-Commercial for Lease
Catylist Listing ID: 30679863
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Other
Contiguous Space: 3,464 SF
Building Size (RSF): 3,464 SF
Gross Building Area: 10,392 SF
Gross Land Area: 0.08 SF
Lease Rate: $13.86 PSF (Annual)
Base Monthly Rent: $4,000
Lease Types: Modified Gross
Usable Size (USF): 3,464 SF
Last Updated: 12/1/2021

Overview / Comments

Tremendous location in thriving downtown Hallowell. Excellent visibility with access on three sides, including three storefront doors, one side entrance and one rear entrance for deliveries right into kitchen. Formerly Slates Restaurant, this space has been built out to accommodate a full commercial kitchen with plumbing, electrical, bar/ordering counter and range hood all in place. Easy pedestrian access from curbside locations adjacent to restaurant makes this space well suited for pick up of to-go orders. Some additional seating outside may be permitted in ally with town approval.

Expand All Available Space

Suite: 1 3,464 SF $13.86 PSF (Annual) Modified Gross
Level/Floor: 1
Space Available: 3,464 SF
Lease Rate: $13.86 PSF (Annual)
$4,000 (Monthly)
Lease Type: Modified Gross
Space Description: Street level restaurant formerly occupied by Slates.
Space Subcategory: Mixed Use
Date Available: 1/11/2021
Space Type: Relet
Tax Expenses $0 PSF (Annual)
Rent Escalators Fixed Lease
Rent Escalators Description 2 % annual increase

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: HALL-000009-000000-000150
Retail Clientele: General, Family, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: Water Street
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1840
Year Renovated: 2007
Construction/Siding: Brick
Exterior Description: Brick, and Granite
Parking Type: Surface
Parking Description: Street and Municipal parking nearby
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Fiber Optic
Lot Frontage: 1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,527 17,969 30,929
Median Age: 48.02 43.46 43.56
Households: 807 8,142 13,943


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