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Bean Group
Offered at $449,000Active
beds
—
baths
0
sq ft
2,120
Built
1900

332 Water Street

Hallowell, ME 04347

About this home

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 designed for ultimate beauty and low-maintenance luxury. As a delightful bonus, a mature, producing fruit tree offers a bountiful summer harvest of delicious peaches straight from the backyard.

Listing last checked: Listing updated:

Listed by Listing Agent · Hoang Realty · MLS #1676345

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Details at a glance

Interior3 property facts
Heating
Propane, Forced Air
Cooling
None
Flooring
Wood
Building4 property facts
Style
Mixed Use
Year built
1900
Foundation
Stone, Brick/Mortar
Roof
Shingle
Land & utilities4 property facts
Lot size
0.3 acres
Water
Public
Sewer
Public Sewer
Zoning
Business D
Financial2 property facts
Annual taxes
$5,570
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $449,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,735 / monthAdjust
Principal & interest
$2,270
Property tax
$464
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,570. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 332 Water Street

Can I request a private showing?

Request a tour of 332 Water Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.