Investment Opportunity

177 Water St, Gardiner, ME 04345

  • For Sale $525,000
  • 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

Contacts

broker

Marc Brunelle

SVN | The Masiello Group

(603) 494-8960

Location

Getting Around

  • Walk Score ®

    70/100 Very Walkable

  • Bike Score ®

    36/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

What is the lease rate for Investment Opportunity?

Rental asking rate at Investment Opportunity is $262,500.00/YR.

What is the total square footage of Investment Opportunity?

Investment Opportunity totals 7,392 square feet.

When was this property built?

Investment Opportunity was built in 1880.

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Contact Listing Broker

broker

Marc Brunelle

SVN | The Masiello Group

(603) 494-8960