Mixed-Use Investment Property

Retail-Commercial for Sale
Catylist Listing ID: 30659939
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Other
Building Size (RSF): 3,578 SF
Gross Building Area: See Agent
Gross Land Area: 0.05 Acres
Sale Price: $355,000
Unit Price: $99.22 PSF
Property Use Type: Investment
Building Name: 100 Water Street
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/22/2021

Overview / Comments

Spectacular downtown mixed-use property

Located in the heart of historic Hallowell on the banks of the Kennebec River

Long-term art gallery tenant at street level

Gorgeous loft-style apartment with impressive views and private balconies

Area businesses include City Hall, The Quarry Tap Room, The Liberal Cup, Slates and Camden National Bank

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Submarket/Township: Waterville/Augusta
Submarket Type: Central Business District
Taxing Authority: City of Hallowell
Tax ID/APN: 11110_005-172
Zoning: DT
Retail Clientele: General, Family, Business, Tourist, Other
Property Visibility: Excellent
Largest Nearby Street: Water Street
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1850
Construction/Siding: Wood Frame
Parking Type: Structure
Parking Description: 3-bay garage and on-street parking
Sprinklers: Wet
Heat Type: Propane
Heat Source: Baseboard
Zoning Description: Downtown District (DT) with Historic and Arts overlay, Downtown TIF and Shoreland Protection. 100 year floodplain.
Lot Frontage: 41
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,527 17,870 29,542
Median Age: 48.02 43.6 43.48
Households: 807 8,119 13,354


Photograph of Listing Agent

Christopher Paszyc, CCIM, SIOR

The Boulos Company NECPE Member
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