Investment Opportunity

For Sale

177 Water St, Gardiner, ME 04345

This Gardiner property for sale is located at 177 Water St. The current listed sale price for Investment Opportunity is $525,000. Investment Opportunity is situated on a lot that is 0.4 acre in size.

Contacts

broker

Marc Brunelle

SVN | The Masiello Group

(603) 494-8960

Property Details

  • Property Type Retail - Street Retail
  • Property Size 7,392 SF
  • Units 2
  • Lot Size 0.4 Acre
  • Parking Spaces Avail. 2
  • Property Tenancy Multi-Tenant
  • Year Built 1880
  • Date Updated Mar 21, 2024
Traditional downtown area with coffee shops, library, bank, art studio, etcNestled in the heart of Gardiner, Maine, 177 Water Street is a historic three story building constructed in 1880 that houses two floors of Reny's (Department Store) and one recently renovated stylish apartment on the third floor with charming views. This property is being marketed at a 6.1% Cap rate and offers a unique opportunity to own a quintessential investment property in the heart of a downtown experiencing a rebirth.

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Attachments

Getting around

  • 70/100

    Walk Score ®

  • 36/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Gardiner, ME
  • Neighborhood Gardiner
  • Zip Code 04345
  • Market Portland ME

Points of Interest

  • Citgo

    3.14 miles

  • Shell

    4.95 miles

  • Shell

    5.45 miles

  • Irving

    5.69 miles

  • Shell

    5.70 miles

  • Citgo

    6.02 miles

  • Irving

    6.15 miles

  • Kenoco

    6.44 miles

  • Getty

    6.54 miles

  • Irving Oil

    6.85 miles

  • Vaughan Woods Parking

    3.61 miles

  • Viles Arboretum

    4.89 miles

  • Beaudoin Park Parking

    5.08 miles

  • Sewall Street Parking Garage

    5.51 miles

  • Dickman Street Parking Garage

    5.96 miles

  • Jamies Pond

    5.98 miles

  • Hutchinson Pond

    6.17 miles

  • Long-term parking

    7.54 miles

  • Walmart Pick-up

    7.99 miles

  • Woodbury Bird Sanctuary

    9.55 miles

  • Dunkin' Donuts

    0.16 miles

  • A1 Diner

    0.17 miles

  • McDonald's

    0.25 miles

  • Dunkin' Donuts

    2.57 miles

  • Burger King

    3.21 miles

  • Lucky Garden

    3.93 miles

  • Slates

    3.96 miles

  • Liberal Cup

    4.06 miles

  • Dairy Queen

    4.66 miles

  • Pat's Pizza

    4.95 miles

  • Reny's

    0.01 miles

  • Hannaford

    0.20 miles

  • Augusta Plaza

    5.64 miles

  • Grow Depot

    5.71 miles

  • Big Lots

    5.79 miles

  • Shaw's

    5.79 miles

  • Hannaford

    5.97 miles

  • Target

    5.99 miles

  • Hannaford

    6.16 miles

  • Christmas Tree Shops

    6.19 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Marc Brunelle

SVN | The Masiello Group

(603) 494-8960