9 Union St, Hallowell, ME 04347

$740,000
3,604
SqFt

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Listing courtesy of LAER.

List Price
$740,000
Status
ACTIVE
Days on Market
192
MLS#
1640742
Subtype
Commercial Sale
Year Built
1900
Living Area
3,604
Lot Size
5,662
Acres
0.13

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. 7% cap rate

Additional Information

Taxes
$13,082
Zoning
RB2
Flooring
Carpet, Vinyl, Hardwood
Heating
Electric, Oil, Baseboard, Forced Air, Hot Water
Air Conditioning
Central Air
Stories
3
Levels
Multi/Split
Roof
Shingle
Foundation
Granite, Poured Concrete
Parking Features
On Site, Paved

Mortgage Calculator

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Calculator source: Real Geeks

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