SQUARE FEET3,604
MLS#1640742
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
INVESTORS TAKE NOTE!! Beautifully maintained professional building intown desirable Hallowell. New Roof April 2026. First floor anchor tenant is an extremely successful family practice with rock solid lease. The second and third floors have five tenants with tremendous growth potential. All 5 tenants pay extremely low rents but are very solid. The real estate has stunning curb appeal, new cedar siding on two sides, a paved parking lot with 6+ spaces, wheelchair accessible ramp, great visibility and so much more. It's a great place to park your money or for a 1031 tax free exchange. 8.5% cap rate
Property Features
Property Type: Commercial - Business
Basement: Yes
Basement: Bulkhead, Full, Sump Pump, Unfinished
Cooling: Central Air
Heating: Electric, Oil, Baseboard, Forced Air, Hot Water
Lot Size: 0.13 Acres
Roof Type: Shingle
Taxes: $13,082
Year Built: 1900
Feature Descriptions
Accessibilitiy: Accessible Approach with Ramp
Electric: Circuit Breakers
Exterior: Wood Frame, Clapboard
Flooring: Carpet, Vinyl, Hardwood
Foundation: Granite, Poured Concrete
Lot: Historic District, Downtown, Near Shopping
Parking: 5 - 10 Spaces, On Site, Paved
Sewer: Public Sewer
Water: Public
Listed By / Shown By
Listed By
Agency Name: LAER
Agent Name: Christopher Vallee
Agency Phone: 207-622-2220
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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9 Union Street | MLS# 1640742
This commercial property located at 9 Union Street, Hallowell, ME 04347 is currently listed for sale with an asking price of $700,000. Search Hallowell real estate on www.masiellogrouprealestate.com today.