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    Property profile & analytics

    617 Water St Gardiner, ME 04345-2063

    • Office buildings
    • 7,434 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US42-0517489
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 617 Water St

    Year built
    1875
    Construction
    FRAME
    Lot size
    0.18 lot acres
    Property size
    7,434 SF
    Zone code
    22
    Property type
    Office buildings
    APN
    GARR M:028 B:005
    APU
    GARRM028B005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gardiner
    County
    Kennebec
    State
    Maine
    Longitude
    -69.7887
    Latitude
    44.2201
    CBSA code
    12300
    CBSA name
    AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,250
    $35,600
    $312,500
    $348,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $315,000
      5,120 SF

      30 Brg St

      OFFICE BUILDING • 5,120 SF
      30 Brg St, Gardiner, ME 04345-2102
      View Details
    • Value Estimation
      $340,000
      3,884 SF

      10 Old Brunswick Rd

      OFFICE BUILDING • 3,884 SF
      10 Old Brunswick Rd, Gardiner, ME 04345-6042
      View Details
    • Value Estimation by Request
      9,200 SF

      542 Brunswick Ave

      OFFICE BUILDING • 9,200 SF
      542 Brunswick Ave, Gardiner, ME 04345-6026
      View Details
    • Value Estimation
      $205,000
      3,432 SF

      17 Brunswick Ave

      OFFICE BUILDING • 3,432 SF
      17 Brunswick Ave, Gardiner, ME 04345-2123
      View Details
    • Value Estimation by Request
      7,592 SF

      47 Enterprise Ave

      OFFICE BUILDING • 7,592 SF
      47 Enterprise Ave, Gardiner, ME 04345-6244
      View Details
    • Value Estimation
      $450,000
      6,276 SF

      218 Water St

      OFFICE BUILDING • 6,276 SF
      218 Water St, Gardiner, ME 04345-2110
      View Details

    Similar Nearby for Sale

    • $5,100,000
      48,771 SF

      Fully Leased Gardiner Office Building

      48,771 SF office building fully leased through 2033.
      76 Northern Ave, Gardiner, ME 04345
      View Details
    • $5,100,000
      9.50 Acres

      Prime Gardiner Office Building

      Fully-leased, high-return investment.
      76 Northern Ave, Gardiner, ME 04345
      View Details
    • $540,000

      Mixed-Use Property in Downtown Gardiner

      Mixed-use property with retail and residential income potential.
      177 Water St, Gardiner, ME 04345
      View Details
    • $250,000
      59.60 Acres

      Development Land in Pittston, Maine

      59-acre wooded parcel ideal for development with road frontage.
      Rt. 194, Pittston, ME 04345
      View Details
    • $499,900
      11,340 SF

      Downtown Gardiner Mixed-Use Building

      Mixed-use building in downtown Gardiner with income potential.
      218 Water St, Gardiner, ME 04345
      View Details
    • $125,000

      Gardiner Commercial Land Opportunity

      Shovel-ready commercial land in a prime business park.
      8 Enterprise Ave, Gardiner, ME 04345
      View Details

    Similar Nearby 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
    • $9 SF/Yr
      34,465 SF

      Gardiner Office Space Available

      Downtown Gardiner Office Suites, High Visibility
      405 Water 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
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    617 Water St
    Gardiner, ME 04345-2063
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    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
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