76 Northern Ave Gardiner, ME 04345

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.