252 Water St, Gardiner, ME 04345

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Listing courtesy of Better Homes & Gardens Real Estate/The Masiello Group. KarenRamsay@masiello.com

Selling Office: Better Homes & Gardens Real Estate/The Masiello Group.

Sold Price
$950,000
List Price
$1,200,000
Closing Date
Oct 31, 2025
MLS#
1616916
Status
CLOSED
Type
Commercial
City
Gardiner
County
Kennebec
Living Area
14,812
Lot Size
6,098
Year Built
1875

Property Description

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!

Additional Information

Living Area
14,812
Electric
Circuit Breakers
Water
Public
Basement
Brick/Mortar, Finished, Full, Partial, Unfinished
Cooling
Heat Pump, Central Air
Year Built
1875
Acres
0.14
Roof
Flat, Membrane
Foundation
Granite, Concrete Perimeter, Brick/Mortar
Stories
3
Courtesy Of Listing Office
Better Homes & Gardens Real Estate/The Masiello Group
Courtesy Of Selling Office
Better Homes & Gardens Real Estate/The Masiello Group

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Contact: KarenRamsay@masiello.com