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47 Water St 11,000 SF 100% Leased Office Building Hallowell, ME 04347 $1,650,000 ($150/SF)
EXECUTIVE SUMMARY
Presenting a prime investment opportunity at 47 Water Street in Hallowell, Maine. This 10,754± SF office building located on highly traveled Route 201 in the heart of Hallowell, is perfectly positioned between Gardiner and Augusta. The property was recently renovated and includes mechanical upgrades, including a brand-new HVAC system. Currently fully leased with a long-term lease with the State of Maine.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
11,000 SF
Building Class
B
Year Built
1960
Price
$1,650,000
Price Per SF
$150
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,500 SF
Slab To Slab
9’
Building FAR
0.10
Lot Size
2.63 AC
Parking
35 Spaces (3.18 Spaces per 1,000 SF Leased)
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47 Water St
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