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252 Water StreetGardiner, ME 04345Price: $1,200,000

  • Price: $1,200,000
  • 92 Days on Market
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Federal 30-year interest rate: 6.81% last updated on Jun 18, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,200,000List Price
  • 0.14Acreage
  • 14,812Square Feet
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Listed by Better Homes & Gardens Real Estate/The Masiello Group (KarenRamsay@masiello.com)
Come join the vibrancy of downtown Gardiner! Located just off I-95, this prime building offers quick access to Brunswick, Portland, and Bangor. Situated in the heart of Gardiner's historic downtown commercial district, this 11,520 +/- sq. ft. property is available for mixed-use development. Currently home to a popular restaurant, unique Airbnb or Apartment, office suites, and artistic studio spaces, this building presents endless possibilities. With unfinished space on the third floor and the possibility of an office space co-op or more apartments on the second floor there are many more opportunities for growth. With major million-dollar renovations completed in the 1990s, the property has been meticulously updated, including the replacement of LVL beams, installation of new eye beams, upgraded wiring and plumbing, a new furnace, central air, and interior improvements. Further enhancements include in 2020 expansion of the first-floor restaurant dining area and commercial-grade kitchen, 2023 Office space remodel to accommodate modern needs, 2024 added a full apartment for Airbnb rental with bar style kitchen for a unique rental experience. The building comes with 6 reserved parking spaces, ensuring convenience for tenants and visitors alike. Downtown Gardiner offers a vibrant mix of eclectic shops and restaurants, alongside a scenic waterfront amphitheater and boat launch on the beautiful Kennebec River. Whether you're looking to seize a wealth of opportunities or maintain the current success, this property is ready to meet your vision. Come be part of the excitement in Gardiner's dynamic downtown!

Property Details of 252 Water Street

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2025 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Coldwell Banker Plourde Real Estate participates in ©2025 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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