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High-Visibility Retail and Office Building
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405 Water St, Gardiner, ME 04345

Retail and office spaces in revitalized downtown Gardiner, Maine.

Space Size2,000 SF - 2,631 SF
Property Size34,465 SF
Days on Market1577

Property Features for 405 Water St

General Information

Standard status Active
Size 2,000 SF - 2,631 SF
Class B
Total Parking Spaces 40
Property subtype Retail, Office
Lease Type Modified Gross

Building Details

Building Size 34,465 SF
Tenancy Multiple

Spaces For Lease

at 405 Water St Contact us

Space 1

Size
2,631 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

Space 5

Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

Space 2

Size
2,000 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Magnusson Balfour Commercial
Listed By: Dennis Wheelock · License #ME BR921652
Source: Crexi
Added: Apr 29, 2022 Changed: Aug 8 Last Checked: Aug 20 at 4:39AM

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 Magnusson Balfour Commercial

Investment Insights

Based on property information with market context.

This high-visibility retail and office building is located on Routes 201/9 in downtown Gardiner, less than five minutes from the Maine Turnpike (I-95) and I-295. The location offers excellent exposure and convenient access, suitable for businesses seeking visibility in a well-trafficked area. Available spaces start at 2,631 SF, with multiple layout and configuration options to suit various commercial uses. Current tenants include Family Dollar, Encompass Energy, Solomon Casket, and Lifetouch. Gardiner is a centrally positioned community with a revitalized historic downtown, attracting steady local and regional traffic. This property presents an opportunity to join a growing commercial hub in a highly accessible and visible setting.

Key Highlights

  • High‑visibility location on Routes 201/9 in downtown Gardiner.
  • Excellent access to Maine Turnpike (I‑95) and I‑295.
  • Anchor tenant Family Dollar and other established businesses contribute to a vibrant environment.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Gym & Fitness Center Grocery & Convenience Store Furniture & Home Goods

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

Lease Details

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

415
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?
Retail space - Retail and office spaces in revitalized downtown Gardiner, Maine.
Where is this retail space located?
The property is located at 405 Water St Gardiner, ME.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: High‑visibility location on Routes 201/9 in downtown Gardiner.; Excellent access to Maine Turnpike (I‑95) and I‑295.; Anchor tenant Family Dollar and other established businesses contribute to a vibrant environment.
(207) 242-5588 Call to check price and availability
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