Courtesy: LAER
207-622-2220
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
Courtesy: CORE
207-210-5677
17 Union Street - Back to market at a new, lower price. Minutes from Water Street in Hallowell, this one-of-a-kind former church property includes three separate, fully detached buildings on a single lot with plenty of off-street parking: The Main Church: an impressive space (~60x40) with original stained and rippled glass, high ceilings, and open floor plan. Ideal for a working church, event venue, gallery, or studio. The Chapel: a cozy, one-bedroom, single-level residence — great as a rental, guest house, or Airbnb. The Parsonage: a four-bedroom, 1.5-bath home featuring a modern kitchen with concrete counters, wide pine floors, and classic trim details. The property has seen major structural and systems upgrades: new roofs, foundation and framing repairs, updated electrical, improved insulation, and a dry basement. This setup lends itself nicely to owner-occupants, investors, or anyone looking for a unique live/work or income-generating opportunity. Plenty of space, character, and potential — whether you're looking to bring a new vision to the sanctuary or just need a creative investment in a thriving in-town location. 17 Union Street and 4 Franklin Street (the Parsonage) are being offered for sale, together.
Hallowell is located in Maine. Hallowell, Maine has a population of 2,542. Hallowell is less family-centric than the surrounding county with 23.04% of the households containing married families with children. The county average for households married with children is 24.69%.
The median household income in Hallowell, Maine is $57,250. The median household income for the surrounding county is $58,097 compared to the national median of $69,021. The median age of people living in Hallowell is 42 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 10.2 degrees. The average rainfall is approximately 45.1 inches per year, with 69.3 inches of snow per year.
