Property profile

218 Water St Gardiner, ME 04345

OFF-MARKET
Office buildings
Property ID
US42-0283302
6,276 SF 0.06 ac lot Built 1870
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

A mixed-use building located in downtown Gardiner at the corner of Water Street and Church Street. The property encompasses approximately 11,340 square feet and is configured to include two local commercial spaces and one residential apartment. The building’s urban setting provides street-level frontage at the intersection of Water Street and Church Street and supports neighborhood-oriented commercial activity.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1870
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,276 SF
Lot 0.06 ac (2,614 SF)
Zoning code 17
APN GARR M:034 B:102
UPID US42-0283302

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm Child Welfare Organization
  • Law Firm
  • Telecommunications Service Tech Support Center
  • Tattoo & Piercing Shop

Location

218 Water St Gardiner, ME 04345-2110
Gardiner metro Census 11000 AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2026
4 recorded transactions
2026
$370,000
2024
Price N/A
2018
Price N/A
2008
Price N/A

Zoning & alternative use

17 · Gardiner, ME

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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