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Fully Leased State Office Building
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76 Northern Ave, Gardiner, ME 04345

Fully leased office building occupied by the State of Maine.

Property Size48,771 SF
Price / SF$104.57
Days on Market823

Property Features for 76 Northern Ave

General Information

Standard status Active
Size 48,771 SF
Property subtype Office

Building Details

Year Built 1960
Listing Agency: The Boulos Company Portland
Listed By: Nicholas Lucas · License #ME BR925806
Source: Crexi
Added: Apr 30, 2024 Changed: Jul 6 Last Checked: Jul 26 at 12:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulos Company Portland

Investment Insights

Based on property information with market context.

The property at 76 Northern Avenue in Gardiner, ME, is a fully leased state office building. The single-tenant building is occupied by the Department of Professional & Financial Regulation, which includes agencies such as the Office of Securities, Bureau of Insurance, Bureau of Financial Institutions, and the Bureau of Consumer Credit Protection. The building has a size of 48771 square feet. The property is located less than a mile from downtown Gardiner and directly off Maine Avenue/Route 201.

Key Highlights

  • Fully‑Leased State Office Building: Provides immediate and stable income.
  • Single Tenant: Simplifies management and reduces tenant‑related complexities.
  • Tenant: Maine Department of Professional & Financial Regulation, a stable government entity.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Auto Repair Shop Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

385
Businesses Nearby

Demographics for 04345, ME

12,052
Population
5,562
Households
2.2
Avg Household Size
43
Median Age
29%
College-Educated
97%
High-School Grad
71.7 sq mi
ZIP Area
168
Density / Sq Mi
$68,844
Median Household Income
$42,559
Median Earnings
$956
Median Rent
$208,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Fully leased office building occupied by the State of Maine.
Where is this office building located?
The property is located at 76 Northern Ave Gardiner, ME.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: Fully‑Leased State Office Building: Provides immediate and stable income.; Single Tenant: Simplifies management and reduces tenant‑related complexities.; Tenant: Maine Department of Professional & Financial Regulation, a stable government entity.
More about this property
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