Downtown Retail Buildings

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30868584
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Status: Pending/Contingent
Building Size (RSF): 6,800 SF
Gross Building Area: See Agent
Gross Land Area: 0.63 Acres
Sale Price: $850,000
Unit Price: $125 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2024

Overview / Comments

Spectacular downtown property ideal for retail, restaurant, or redevelopment

Located in the heart of Historic Hallowell with impressive views of Kennebec River

Large paved lot with rare dedicated parking

Area businesses include Hallowell Seafood & Produce, Lucky Garden, Cafe De Bangkok, Burano’s and Slates

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Submarket/Township: Waterville/Augusta
Submarket Type: Historic District
Taxing Authority: Town of Hallowell
Tax ID/APN: 11110_009-137
Zoning: DT, FLOODPLAIN, SHORELAND PROTECTION DISTRICT, HISTORIC DISTRICT
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Temple Street
Feet of Frontage: 300
Traffic/Vehicle Count: 12,900
Airports: Augusta State Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1938
Roof Type: Other
Construction/Siding: Wood Frame
Parking Type: Surface
Zoning Description: DT - Downtown, Floodplain, SP - Shoreland Protection District, Historic District
Lot Frontage: 170
Legal Description: 14383/107

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,527 19,001 30,929
Median Age: 48.02 43.42 43.56
Households: 807 8,610 13,943

Contact

Photograph of Listing Agent

Christopher Paszyc, CCIM, SIOR

The Boulos Company NECPE Member
Photograph of Listing Agent

Christopher Romano

The Boulos Company NECPE Member
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