Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    405 Water St Gardiner, ME 04345

    Sponsored
    For Lease
    $9 SF/Yr

    Downtown Gardiner Office Suites, High Visibility

    Lot size:
    34,465 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional one-story, 34,465 square foot Class B office building, renovated in 2020, offers multiple suite options ranging from 2,631 to 10,804 contiguous square feet. Currently, six suites exist, with 16,250 square feet of vacant space available for lease. The building boasts a prime location in downtown Gardiner, directly on Routes 201/9, providing high visibility and easy access to the Maine Turnpike and I-295. This location offers significant advantages, being less than five minutes from major interstates and situated in a thriving community with a rich history and abundant recreational opportunities. Current tenants include established businesses such as Family Dollar, Encompass Energy, Solomon Casket, and Lifetouch, creating a strong tenant mix. The property includes 40 parking spaces and is zoned CC - Cobbossee Corridor with Shoreland Overlay (APN: 037/001 & 034/084, Kennebec County). The building features circuit breaker power, but lacks elevators. Multiple configuration options are available to suit various business needs, making this an ideal location for businesses seeking high visibility, convenient access, and a vibrant community setting. The city of Gardiner offers a blend of historical charm and modern amenities, including a waterfront park, boat launch, and easy access to Maine's coastal and mountain regions.

    Property Features for 405 Water St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,465 SF
    Class
    B
    Total Rate
    25848.75

    Building Details

    Year Renovated
    2020
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Space 1
    Size
    2,631 SF
    Rate per SF
    $11
    Space
    Space 5
    Size
    10,804 SF
    Rate per SF
    $11

    HighLights

    • Retail and office property totaling 34,465 square feet.
    • Multiple suites available, ranging from 2,631 to 10,804 contiguous square feet.
    • 16,250 square feet currently vacant.
    • Class B building, renovated in 2020.
    • Located in downtown Gardiner, Maine, with high visibility on Routes 201/9, five minutes from I‑95/I‑295.
    • 40 parking spaces available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gardiner
    County
    Kennebec
    State
    Maine
    Longitude
    -69.7761405
    Latitude
    44.2300546

    Nearby Comparable

    • $9 SF/Yr
      50,400 SF

      High Bay Warehouse Space

      Warehouse and storage space in Central Maine location for sublease.
      6 Commerce Dr, Gardiner, ME
      View Details
    • $10 SF/Yr
      9,000 SF

      Versatile Building in Central Maine

      9,000± SF building suitable for office, daycare, or retail.
      26 Winter St, Gardiner, ME 04345
      View Details
    • $16 SF/Yr
      2,200 SF

      Retail Space with Drive-Thru

      2,200± SF retail space with drive-thru in Gardiner, ME.
      35 Bridge St, Gardiner, ME 04345
      View Details
    • $365,000
      2,563 SF

      Farmingdale Office Space For Lease

      Office space available in Farmingdale with recent renovations and parking.
      280 Maine Ave, Farmingdale, ME 04344
      View Details
    • $6 SF/Yr
      133,760 SF

      Gardiner Warehouse Space Available

      Industrial warehouse, 15,000-30,000 SF
      650 River Ave, Gardiner, ME 04359
      View Details
    • $6 SF/Yr
      900 SF

      Downtown Hallowell Commercial Space

      900 SF commercial space in downtown Hallowell.
      210 Water St, Hallowell, ME 04347
      View Details
    • $550 /Mo
      957 SF

      Renovated Office Suites Available

      Quality office suites in a renovated masonry building.
      2 Beech St, Hallowell, ME
      View Details
    • $1,700 /Mo
      2,337 SF

      Hallowell Office Space for Lease

      Spacious office space in downtown Hallowell available for lease.
      115 Water St, Hallowell, ME 04347
      View Details
    • $14 SF/Yr
      28,700 SF

      Prime Hallowell Office Space

      Class A Office Suites, 3,232-8,612 SF Available
      101 Second St, Hallowell, ME 04347
      View Details
    • $33 SF/Yr
      725 SF

      Hallowell Retail Space - 725 SF

      Prime Hallowell retail building, 20+ parking spaces.
      2 Water St, Hallowell, ME 04347
      View Details
    • Contact for pricing
      12,800 SF

      Functional Industrial Facility Near Highways

      Well-maintained industrial building with highway access for lease.
      181 Lewistion Rd, West Gardiner, ME
      View Details
    • $15 SF/Yr
      4,000 SF

      Prime Augusta Office Space

      4,000 SF office space near Maine State House.
      5 Wade St, Augusta, ME 04330
      View Details

    Nearby Similar for Lease

    • $10 SF/Yr
      9,000 SF

      Versatile Building in Central Maine

      9,000± SF building suitable for office, daycare, or retail.
      26 Winter St, Gardiner, ME 04345
      View Details
    • $6 SF/Yr
      133,760 SF

      Gardiner Warehouse Space Available

      Industrial warehouse, 15,000-30,000 SF
      650 River Ave, Gardiner, ME 04359
      View Details
    • $16 SF/Yr
      2,200 SF

      Retail Space with Drive-Thru

      2,200± SF retail space with drive-thru in Gardiner, ME.
      35 Bridge St, Gardiner, ME 04345
      View Details
    • $9 SF/Yr
      50,400 SF

      High Bay Warehouse Space

      Warehouse and storage space in Central Maine location for sublease.
      6 Commerce Dr, Gardiner, ME
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Downtown Gardiner Office Suites, High Visibility
    Where is this office property / space located?
    The property is located at 405 Water St Gardiner, ME.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Retail and office property totaling 34,465 square feet.; Multiple suites available, ranging from 2,631 to 10,804 contiguous square feet.; 16,250 square feet currently vacant.
    Request Owner's contact information
    405 Water St Gardiner, ME 04345
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    405 Water St
    Gardiner, ME 04345
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    405 Water St Gardiner, ME 04345
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.