335 Water St

Gardiner, ME 04345

$375,000
Price
2
Beds
5,428 Sq. Ft.
$69 / Sq. Ft.
5,428
Sq. Ft.
$69
per Sq. Ft.
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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...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
  1. Listed by Benjamin Spencer • CORE

Property Details for 335 Water Street

Waterfront
No
ArchitecturalStyle
Row-Inside
Garage
No
Zoning
17
LISTING UPDATED: 05/18/2026 09:44 AM

Property Details for 335 Water Street

StatusActive
MLS #1660516
Days on Market16
Taxes$4,116 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.03 AC / 1,306 SF
CountyKennebec County
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Location

Listing Courtesy of CORE
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Building Information for 335 Water Street

Stories-Residences3Year Built1900Building Size-Lot Size0.03 AC / 1,306 SF

Payment Calculator

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$2,212 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,869

Property Taxes

$343

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 335 Water Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Water Body Name: kennebec
  • Zip Code: 2160
  • Town: Gardiner
  • State/Province: ME
  • Zip Code: 04345
  • County: Kennebec
  • Geo Latitude: 44.229978
  • Geo Longitude: -69.774156
  • Tax Lot: 110
  • Site:Level: Yes
  • Location:Business District: Yes
  • Location:Historic District: Yes
  • Construction: Masonry
  • Water View2: Yes
  • Tree Growth YN2: false
Parking
  • Parking Features: No Driveway, No Parking
  • Attached Garage: No
  • Parking: No Parking
Taxes and HOA Information
  • Tax Book Number: 9669
  • Tax Map Number: 037
  • Tax Year: 2025
  • Parcel Number: GARR-000037-000000-000110
  • Tax Annual Amount: $4,116.00
Property
Heating and Cooling
  • Water Heater:Electric: No
  • Water Heater:Off Heating System: Yes
  • Heat Fuel: Oil
  • Heat System: Baseboard
Lot Information
  • SqFt Finished Below Grade: 2714.0
  • SqFt Finished Above Grade: 2714.0
  • Lot Size Acres: 0.03
  • Source of Acreage: Public Records
  • Building Area Total: 5428.0
  • Lot Size Area: 0.03
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1306.8
  • Bathrooms Full: 3
  • Street Number: 335
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Deed/Conveyance Type Offered: Quit Claim
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:No Driveway: Yes
  • Driveway: No Driveway
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas:No Gas: Yes
  • Water Heater: Off Heating System
Interior and Exterior Features
Exterior Features
  • Construction Materials: Masonry, Brick
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Membrane
  • Vehicle Storage: No Vehicle Storage
  • Basement Entry: Exterior Only, Interior
Interior Features
  • Basement: BrickMortar, Daylight
  • Flooring: Hardwood
  • Cooling: Central Air
  • Heating: Oil, Baseboard
  • Foundation Details: Brick/Mortar, Poured Concrete
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $53,400.00
  • Operating Expenses: $17,847.00
  • Gross Income: $53,400.00
  • Operating Expenses: $17,847.00
Multi-Family Information
  • Number of Units: 3
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $1,750.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: .00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: No
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Monthly Rent: $1,500.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: No
  • Unit 3:Level: Second
  • Unit 3:Monthly Rent: $1,250.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 4.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Electric: No
Unit Information
  • Units:# of 1 BD Units: 3
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 335 Water Street

DateEvent & SourcePriceAppreciation
May 4, 2026

Listed (Active)

Maine Listings #1660516

$375,000—
May 1, 2026

Listed (Active)

Maine Listings #1660110

$375,000—
DateEvent & SourcePrice
05/04/2026

Listed (Active)

Maine Listings #1660516

$375,000
05/01/2026

Listed (Active)

Maine Listings #1660110

$375,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 335 Water Street

Taxable ValueLand$26,500Additions$130,000Total$156,500
Tax Record2025$4,116 ($343 / month)
Home Facts
Total Finished SqFt2,714 SqFtAbove Grade Finished SqFt2,714 SqFtStories2Lot Size1,307 SqFtStyleOffice BuildingYear Built1900Zoning17CountyKENNEBECAPNGARR M:037 B:110

Schools near 335 Water Street

This home is within Regional School Unit 11 Msad 11.
Rating
School
Type
Grades
Distance
Teresa C Hamlin Elementary School
Public - PK to 5
Gardiner Regional Middle School
Public - 6 to 8
Gardiner Area High School
Public - 9 to 12
Laura E Richards School
Public - PK to 2
Rating
School
Distance
Teresa C Hamlin Elementary School
PublicPK to 5

Gardiner Regional Middle School
Public6 to 8

Gardiner Area High School
Public9 to 12

Laura E Richards School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 335 Water Street, Gardiner, ME 04345

335 Water Street is a multi-family home for sale in Gardiner, ME 04345. This property was listed for sale on May 4, 2026 by CORE, it's currently listed at $375,000. This listing's school district is Regional School Unit 11 Msad 11. Nearby schools include Teresa C Hamlin Elementary School, Gardiner Regional Middle School and Gardiner Area High School. 335 Water Street is a 2-bed, 3-bath, 5,428 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CORE

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.