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$325,000
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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
Full Property Details
Full Property Details for 335 Water St
General
- Sold For: $325,000
- Taxes: $4,116 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1660516
- Added to Site: 59 day(s) ago
Interior
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Parking
- Parking Features: No Driveway, None
Location
- County: Kennebec
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Oil, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Row-Inside
- Construction: Masonry, Brick
- Basement: Yes
- Basement Desc.: Exterior Entry, Interior Entry, Daylight, Brick/Mortar
- Roof: Membrane
- Square Feet: 5,428
- Finished Total: 5,428 Sq. Ft.
- Finished Above Grnd: 2,714 Sq. Ft.
- Finished Below Grnd: 2,714 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,306.8
- Zoning: 17
- Lot Description: Business District, Historic District, Level
Water Features
- Water Front Name: kennebec
Financial Considerations
- Operating Expenses: $17,847
- Tax Amount: $4,116
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 110
Listed by Core (207) 210-5677
Sold by Laer (207) 622-2220
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Schools
Schools serving 335 Water St
School District:School Administrative District 11
| Name | Grades | Distance |
|---|---|---|
Laura E Richards School 279 Brunswick Avenue, Gardiner, ME 04345 | PK-2 | 0.9 mi |
River View Community School 821 River Road, Gardiner, ME 04359 | 3-5 | 3.8 mi |
Gardiner Regional Middle School 161 Cobbossee Avenue, Gardiner, ME 04345 | 6-8 | 1.7 mi |
Gardiner Area High School 40 West Hill Road, Gardiner, ME 04345 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 335 Water St
Date
Details
Price
Change
Source
9/21/2026
Sold
$325,000
-10.96%
MLS
8/11/2026
Price Reduced
$365,000
-2.67%
MLS
5/04/2026
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
335 Water Street, Gardiner, ME 04345 (MLS# 1660516) is a Multi-Family property that was sold at $325,000 on September 21, 2026. Want to learn more about 335 Water Street? Do you have questions about finding other Multi-Family real estate for sale in Gardiner? You can browse all Gardiner real estate or contact a Coldwell Banker agent to request more information.

