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332 Water Street, Hallowell, ME 04347

$449,000
Property Type: Commercial Square Footage: 2,120 Lot Size (sq. ft.): 13,068 Status: Active
Current Price: $449,000 List Date: 8/14/2026 Last Modified: 10/05/2026

Overview

Description

This beautifully maintained property sits on approximately 0.30 acres with plenty of parking and high visibility is conveniently positioned near downtown Hallowell, offering easy access to local restaurants, shops, cultural attractions, the Kennebec River Rail Trail, I-95 and I-295. Water Street presents a truly special opportunity to own a business in one of Central Maine's most charming riverfront communities. Seasonal views of the Kennebec River. This elegant building features a spacious, light-filled studio with a separate entrance, vaulted ceiling, bamboo flooring, radiant floor heat and expansive views toward the landscaped gardens and river that could easily generate income as a studio, office or conference room. There is also a welcoming, covered front porch, wood floors throughout, unique light fixtures and rooms that could serve as separate offices. Solar panels provide a low electric bill. Surrounding the building is a professionally designed, mature landscape masterpiece d ...

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Listing Details MLS# 1676345

Location Information

Street #
332
Street Name
Water
Street Type
Street
County
Kennebec
Town
Hallowell
State/Province
ME
Zip Code
04347
Zip +4
1500
Leased Land
No
Book
13872
Page
212
Map
15
Lot
50
Zoning
Business D
Zoning Overlay
Yes
Full Tax Amount $
5570
Tax Year
2025
Tree Growth Y/N
No
Association Y/N
No

Contract Information

Original List Price
459000

Property Information

Primary Use
Mixed Use
Surveyed
Unknown
Year Built
1900
SqFt Finished Total
2120
Lot Size Acres +/-
0.3

Water Info

Waterfront
No
Water View
Seasonal
Water Body Name
Kennebec River

Utilities

Utilities On
Yes

More Information

Property Features

Location: Downtown; Near Shopping Water Body Type: River Construction: Wood Frame Levels: Two Property Uses: Office Building Basement: Partial; Unfinished; Walk-Out Access Foundation Materials: Brick/Mortar; Poured Concrete; Stone Exterior: Shingle Siding; Wood Siding Roof: Shingle Heat System: Direct Vent Heater; Forced Air Heat Fuel: Propane Cooling: None Floors: Wood Parking: 5 - 10 Spaces; On Site; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
IDX
Listing Office: Hoang Realty
Last Updated: October - 05 - 2026
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. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.