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47 Water St 11,000 SF 100% Leased Office Building Hallowell, ME 04347 $2,255,633 CAD ($205.06 CAD/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
$2,255,633 CAD
Price Per SF
$205.06 CAD
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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Property Taxes
| Parcel Number | HALL-000005-000000-000159-A000000 | Improvements Assessment | $1,351,466 CAD |
| Land Assessment | $308,543 CAD | Total Assessment | $1,660,009 CAD |
Property Taxes
Parcel Number
HALL-000005-000000-000159-A000000
Land Assessment
$308,543 CAD
Improvements Assessment
$1,351,466 CAD
Total Assessment
$1,660,009 CAD
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47 Water St
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