192 Water St

Hallowell, ME 04347

$1,195,000
Price
2
Beds
7,380 Sq. Ft.
$162 / Sq. Ft.
7,380
Sq. Ft.
$162
per Sq. Ft.
20250619_133824
20250607_190904
20250529_115948
20250303_160941
20250303_160954
20250303_160959
20250303_161011
20250303_161019
20250317_112339
20250317_112343
IMG_20241101_183341
IMG_20241101_183345
IMG_20241101_183349
20230324_092743 1
20221030_140440
20221030_140446
20221030_140514
20221030_140908
20250529_120014
20210526_170640
20220613_202925
20220807_110633

Description

Exciting opportunity to own a commercial waterfront property on the Kennebec River. This sale includes three parcels: two interconnected buildings and a parcel used by the restaurant as patio. 89 feet of unobstructed river views. The buildings were extensively renovated and updated in mid 2000's+/-. Currently, there is a 2-bedroom, 1.5-bath residential apartment with a covered deck that overlooks the river. The commercial space offers approximately 5900 square feet, featuring multiple dining areas...Exciting opportunity to own a commercial waterfront property on the Kennebec River. This sale includes three parcels: two interconnected buildings and a parcel used by the restaurant as patio. 89 feet of unobstructed river views. The buildings were extensively renovated and updated in mid 2000's+/-. Currently, there is a 2-bedroom, 1.5-bath residential apartment with a covered deck that overlooks the river. The commercial space offers approximately 5900 square feet, featuring multiple dining areas and office space, along with an additional 1100 square feet of lower-level storage. Additional store front retail space and a rear office/studio unit available to lease out. All new electrical, plumbing, heating and foundation redone during the mid 2000 renovations. By appointment only, please do not disturb the tenants and restaurant employees.
  1. Listed by Robert Whisenant • RE/MAX Riverside

Property Details for 192 Water Street

Waterfront
Yes
ArchitecturalStyle
Other
Garage
No
Zoning
Comm
LISTING UPDATED: 02/01/2026 12:26 PM

Property Details for 192 Water Street

StatusActive
MLS #1650849
Days on Market4
Taxes$13,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1840
Lot Size0.26 AC / 11,325 SF
CountyKennebec County

Location

Listing Courtesy of RE/MAX Riverside
Add your commute

Building Information for 192 Water Street

Stories-Residences1Year Built1840Building Size-Lot Size0.26 AC / 11,325 SF

Payment Calculator

$6,908 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,824

Property Taxes

$1,083

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 192 Water Street

Summary
Location and General Information
  • Water Body Name: Kennebec
  • Zip Code: 1315
  • Town: Hallowell
  • State/Province: ME
  • Zip Code: 04347
  • County: Kennebec
  • Geo Latitude: 44.284923
  • Geo Longitude: -69.790052
  • Road Frontage Type: Private Road
  • Tax Lot: 179,180,181
  • Site:Level: Yes
  • Location:Intown: Yes
  • Water Info:Waterfront Amount +: 89.00
  • Water Info:Water Frontage Owned: 89.00
  • Water Info:Water Frontage Shared: .00
  • Source of Water Frontage:Survey: Yes
  • Recreational Water:Deeded: Yes
  • Recreational Water:River/Brook/Stream: Yes
  • Recreational Water:Waterfront Deep: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 14534
  • Tax Map Number: 009
  • Tax Year: 2025
  • Parcel Number: HALL-000009-000000-000180
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $13,000.00
Property
Heating and Cooling
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 7380.0
  • Lot Size Acres: 0.26
  • Source of Acreage: Survey
  • Building Area Total: 7380.0
  • Lot Size Area: 0.26
  • Lot Size Units: Acres
  • Lot Size Square Feet: 11325.6
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Street Number: 192
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: 1.00
  • Property Information:Source of Road Frontage: Survey
Parking
  • Driveway:Gravel: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1840
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Clapboard, Brick, Masonry, Wood Frame
  • Vehicle Storage:4+ Car: Yes
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Membrane, Shingle
Interior Features
  • Basement: Interior, Walk-Out Access, Full
  • Flooring: Wood, Tile
  • Cooling: Heat Pump, Central Air
  • Heating: Hot Water, Heat Pump, Forced Air
  • Foundation Details: Block, Concrete Perimeter, Brick/Mortar
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 1.50
  • Bathrooms Total (Notational): 1.10
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $120,000.00
  • Operating Expenses: $18,000.00
Multi-Family Information
  • Number of Units: 1
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: Third
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $1,500.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: 1.00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 192 Water Street

DateEvent & SourcePriceAppreciation
Jan 30, 2026

Listed (Active)

Maine Listings #1650849

$1,195,000—
Feb 28, 2025

Expired

Maine Listings #1608519

$1,175,000—
Jan 8, 2025

Price Change

Maine Listings #1608519

$1,195,000—
Nov 1, 2024

Listed (Active)

Maine Listings #1608519

$1,256,000—
DateEvent & SourcePrice
01/30/2026

Listed (Active)

Maine Listings #1650849

$1,195,000
02/28/2025

Expired

Maine Listings #1608519

$1,175,000
01/08/2025

Price Change

Maine Listings #1608519

$1,195,000
11/01/2024

Listed (Active)

Maine Listings #1608519

$1,256,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 192 Water Street

Taxable ValueLand$109,400Additions$261,600Total$371,000
Tax Record2024$7,383 ($615 / month)
Home Facts
Beds0Total Finished SqFt2,000 SqFtAbove Grade Finished SqFt2,000 SqFtStories2Lot Size1,742 SqFtStyleSingle Family ResidenceCountyKENNEBECAPNHALL M:009 L:180

Schools near 192 Water Street

This home is within Regional School Unit 02.
Rating
School
Type
Grades
Distance
Henry L Cottrell School
Public - PK to 3
Dresden Elementary School
Public - PK to 5
Marcia Buker School
Public - PK to 5
Hall-Dale Elementary School
Public - PK to 5
Rating
School
Distance
Henry L Cottrell School
PublicPK to 3

Dresden Elementary School
PublicPK to 5

Marcia Buker School
PublicPK to 5

Hall-Dale Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 192 Water Street, Hallowell, ME 04347

192 Water Street is a multi-family home for sale in Hallowell, ME 04347. This property was listed for sale on January 30, 2026 by RE/MAX Riverside, it's currently listed at $1,195,000. This listing's school district is Regional School Unit 02. Nearby schools include Henry L Cottrell School, Dresden Elementary School and Marcia Buker School. 192 Water Street is a 2-bed, 2-bath, 7,380 sqft multi-family home built in 1840.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Riverside

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.