About This Home

This 0-bedroom, 0-bathroom commercial at 9 Union Street in Hallowell, ME is listed for $700,000 ($194 per sqft). Built in 1900, the home offers 3,604 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1900
  • 0.13 acre lot

Property Details

1900

Amenities

HardwoodA/C
Listing 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. 8.5% cap rate

Monthly Cost Estimate

$3,744/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,033
Insurance$204

Estimates only. Actual payments may vary.

Location

9 Union Street

Hallowell, ME 04347

Property Details

Flooring

VinylHardwoodCarpet

Construction

Wood Frame Clapboard

Heating

BaseboardForced AirElectric (Heating)OilHot Water(Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 9 Union Street is listed at $700,000 ($194/sqft). The estimated monthly payment is $3,744 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.13 acre lot.

This property is listed by Christopher Vallee.

CV

Christopher Vallee

Agent at Vallee Harwood & Blouin Real Estate

Listed by Vallee Harwood & Blouin Real Estate · Broker phone: (207) 622-2220 · View on Broker Site

MLS# 1640742· Source: Maine Listings· Added to PropertySimple today

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

9 Union Street, Hallowell, ME 04347

Open this listing in: