$700,000

9 Union Street, Hallowell ME, 04347

Built in1900

Property size3,604 sqft

Property typeCommercial

Courtesy of LAER

Overview

Active

Listed Oct 7, 2026

Updated 30h ago

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

Additional information

MLS^® ID: 1640742

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.13 Acres

Other Property Details

Taxes: $13,082
Tax Frequency: Annually

Listing Contact: 207-242-2041

Listed by Christopher Vallee with LAER 207-242-2041

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor James Spear shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Data is refreshed every 3 hours. Listing last updated at 6:45 AM UTC, 10/9/2026