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Listed by Benjamin Spencer CORE
$375,000
Est. payment /mo
3 Baths
5,428 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,428 sqft
Price per Sqft $69
MLS Listing ID 1660516
Full Baths 3
HOA Y/N No
Year Built 1900
Tax Year 2025
Lot Size 1,306 Sqft
Acres 0.03
Source Maine Listings
Land Area 5428
Property Description
Excellent value-add investment opportunity at 335 Water Street in Gardiner, Maine. This mixed-use commercial property offers approximately 2,714± square feet configured as two residential apartments and one ground-level retail/commercial unit, creating multiple income streams under one roof. Strategically located along busy Water Street in Gardiner's downtown corridor, the property benefits from strong visibility, steady traffic counts, and convenient access to local shops, restaurants, and major commuter routes. The combination of residential and commercial tenancy provides investors with diversified cash flow and long-term upside potential. Constructed circa 1900 with classic brick/masonry character, this stand-alone building offers the charm tenants appreciate with the opportunity for continued improvements and rental growth. Ideal for an investor seeking to expand a portfolio with a mixed-use asset in a growing central Maine market. Whether you are looking for immediate income or future appreciation potential, 335 Water Street presents an attractive opportunity to own a three-unit investment property in the heart of Gardiner. Roof, Furnace & AC unit all new within the last 3-4 years Retail and Apartment 1 to be delivered vacant
Location
State ME
County Kennebec
Zoning 17
Body of Water kennebec
Rooms
Basement Exterior Entry, Interior Entry
Interior
Heating Baseboard
Cooling Central Air
Flooring Hardwood
Exterior
Roof Type Membrane
Garage No
Building
Lot Description Business District
Water Public
Architectural Style Row-Inside
Others
Tax ID GARR-000037-000000-000110
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