Back 335 Water St
Off Market

335 Water St

Gardiner ME 04345

3
5428 sq. ft.
1306.8 sq. ft.
Multi-Family
Last sold for $325,000
Benjamin SpencerBenjamin Spencer, last sold this property on 21 September 2026 after 19 days on market.

Overview

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

Features

3 bathrooms
5428 sq. ft. floor area
1306.8 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Gardiner over the last 12 months, the estimated median property value of 335 Water St is $316k.

Median value
$316k
Estimated value range
$150k - $425k
Median days on market
12
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Gardiner. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 335 Water St

2026
Sold
$325,000
21 Sep 2026 by Benjamin Spencer, of Maine Realty Advisors

Happy sellers in Gardiner

~%

We have insufficient information to provide an overview of customer satisfaction for Gardiner. Viewing the agent profiles, reviews and sales for Gardiner can provide insights for this location.

Local market activity for multi families in Gardiner

In the last 12 months, 8 multi families similar to 335 Water St, have been sold.

This represents a 28% increase in multi families sales when compared to the previous 12 months.

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