338 Water Street
Office
for Sale
| Catylist Listing ID: |
30790839 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
4,367 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.68 Acres
|
| Sale Price: |
$299,000 |
| Unit Price: |
$68.47 PSF |
| Property Use Type: |
Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/23/2022 |
Overview / Comments
|
This building has been used as a professional office building for many years and is in a great Hallowell location. This vintage 1850 historic Colonial retains much of its original charm and has some new features and updates like a new boiler in 2017 and a new roof in 2021. It has ample parking on both sides of the building, a 3-car garage, and there is plenty of additional storage space for your needs. The current owners started to renovate it to an office for their business and planned on adding 2 apartments for extra rental income. But their situation changed, and they have decided not to relocate here. There are so many possibilities with this beautiful property. It could make wonderful large home, a nice office building, or even has potential to be converted to a multi-family property. Please check with code enforcement for permitted uses and see the listing agent for the floor plan to see the space and layout. Bring your ideas and some vision. Don't wait and call today.
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$5,732 (Annual) |
Additional Details
| Nearest MSA: |
Augusta-Waterville |
| County: |
Kennebec |
| Tax ID/APN: |
11110_016-018 |
| Zoning: |
RB-1 |
| Property Visibility: |
Excellent |
| Number of Stories: |
2 |
| Year Built: |
1850 |
| Construction/Siding: |
Wood Frame |
| Parking Description: |
Paved; 3-car garage |
| Total Parking Spaces: |
20 |
| Heat Type: |
Oil |
| Heat Source: |
Other |
| Air Conditioning: |
Window Unit |
| Zoning Description: |
RB-1 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,241 |
14,389 |
31,622 |
| Median Age: |
42.95 |
45.66 |
43.32 |
| Households: |
1,033 |
6,346 |
14,058 |
|
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