177 Water St

Multi-Family

177 Water St, Gardiner, ME 04345

177 Water St
Multi-Family For Sale
Asking
$540,000
Available
7,392 SF
Listing Details
Type
Sale
Status
Active
Asking Price
$540,000
List Date
Jun 19, 2025
Days on Market
376
Sale Investment
YES
Owner Occupied
No
Last Verified
Jun 29, 2026

Downtown Retail leased to Reny's + Apartment

177 Water Street presents a compelling opportunity for investors or potential owner- occupants in the heart of downtown Gardiner. The property is anchored by a nationally recognized tenant, Reny’s Department Store, with approximately three years remaining on the current lease, providing stable income. The upper level features a fully renovated, high-end residential apartment on the third floor, offering additional revenue or the option for an owner-occupied setup. This well-located, mixed-use asset combines dependable tenancy, quality residential space, and long-term upside in a desirable commercial corridor.

Space Details

Primary Use
Multi-family
Property Highlights
Type
Multi-Family
Subtype
Mixed use
Size
7,392 SF
Acreage
0.05 Acres
Occupancy Type
Multi Tenant
Year Built
1880
Floors
3
Construction
Masonry
Zoning
CENTRA
County
Kennebec
Contact
CH
Charles HipplerPrimary
CORE
BS
Ben Spencer
CORE
Location