405 Water St Gardiner, ME 04345
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
17 · Gardiner, MENo recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.