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Grocery and Convenience Store
For Sale
$225,000

691 River Avenue, Gardiner, ME 04345

The store pairs everyday grocery items with deli service and prepared food offerings.

Property Size2,409 SF
Price / SF$93.40
Days on Market940

Property Features for 691 River Avenue

General Information

Standard status Active
Size 2,409 SF
Property subtype Commercial
Zoning comm

Additional Details

Currently Operating Yes

Taxes and HOA fees

Annual Taxes $4,036

Building Details

Building Size 2,409 SF
Year Built 1958
Stories 1
Listing Agency: LAER
Listed By: Christopher Vallee · License #DB900305
Source: Integrityhomesrealestategroup
Added: Apr 6, 2024 Changed: Oct 30 Last Checked: Oct 30 at 2:40PM

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 LAER

Rey
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Investment Insights

Based on property information with market context.

This 2,409-square-foot grocery and convenience store was built in 1958. Its exterior has a metal roof and metal siding, and the building is equipped with five heat pumps and compressors.

The merchandise and food mix includes groceries, beer, wine, cigarettes, lottery products, deli items, pizza, and sandwiches.

Key Highlights

  • 2,409‑square‑foot grocery and convenience store
  • Built in 1958
  • Five heat pumps and compressors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Tech Support Center Food Market Computer & Electronic Repair Discount Store

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

19
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The store pairs everyday grocery items with deli service and prepared food offerings.
Where is this grocery and convenience store located?
The property is located at 691 River Avenue Gardiner, ME.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 2,409‑square‑foot grocery and convenience store; Built in 1958; Five heat pumps and compressors
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