76 Northern Ave Gardiner, ME 04345
Property Lookup
Property profile & analytics
76 Northern Ave Gardiner, ME 04345
- Office buildings
- 52,045 SF
- 9.50 lot acres
Property ID
US42-0216156
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 76 Northern Ave
- Year built
- 1960
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 9.50 lot acres
- Property size
- 52,045 SF
- Zone code
- 17
- Property type
- Office buildings
- APN
- GARR M:038 B:005
- APU
- GARRM038B005
Description
This exceptional investment opportunity presents a fully-leased, single-tenant Class B office building situated on a generous 9.5-acre lot at 76 Northern Avenue in Gardiner, Maine. The property, totaling approximately 48,771 square feet, is currently leased to the Maine Department of Professional & Financial Regulation, securing a long-term lease extending through December 31, 2033. Significant renovations were completed in 2022 and 2023, encompassing interior paint, carpeting, and window replacements, totaling approximately $1,500,000 in improvements. The building boasts a strong 7.3% cap rate and a Net Operating Income (NOI) of $370,386, making it an attractive investment prospect. Conveniently located less than a mile from downtown Gardiner and directly off Maine Avenue/Route 201, this property benefits from excellent accessibility and visibility. The property is zoned HDR (High Density Residential), offering potential future development options. The asking price is $5,100,000. This is a rare opportunity to acquire a stable, high-performing investment property with significant upside potential. The property features one building, one story, and was originally built in 1960. The Assessor's Parcel Number (APN) is 38/05.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,706,000
- AI Estimate
- $3,025,000
Market price range: $2.71M - $5.82MMarket price range: $2.39M - $8.14M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gardiner
- County
- Kennebec
- State
- Maine
- Longitude
- -69.7784
- Latitude
- 44.2358
- 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
$55,814
$72,100
$2,282,900
$2,355,000
-
$0.00
$0.00
$0.00
