241 Water StHallowell, ME 04347

Property Details for 241 Water St

Year built

1865

Lot size

0.43 AC

Property size (Sq ft)

1,130 SF

Property type

Other commercial real estate

Description

This exceptional commercial property at 241 Water Street in Hallowell, Maine, offers unparalleled visibility with 180 feet of prime road frontage. The two-story, 1,130 square foot building boasts a desirable downtown location on a 0.43-acre lot. The interior comprises two rooms on each floor, complemented by a convenient half-bath located upstairs. Additional features include a practical mudroom, a spacious walk-in closet, and efficient hot water baseboard heating. The property is beautifully landscaped and includes a pre-installed storm basin, simplifying potential future development. Comprehensive elevation designs and a full survey are already completed, streamlining the process for prospective buyers. This property presents a unique opportunity: continue operating an existing business in this established location or leverage the existing structure and completed site work to develop new units. The strategic location and existing infrastructure make this a truly remarkable investment opportunity in the heart of Hallowell.

Location Insight

City

Hallowell

County

Kennebec

State

Maine

Latitude

44.2813

Longitude

-69.7926

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