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Listed by Scott Pettengill Tim Dunham Realty
$ 1,250,000
Est. payment /mo
Active
108 Marina RD Hampden, ME 04444
4,180 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,180 sqft
Price per Sqft $299
MLS Listing ID 1646935
HOA Y/N No
Year Built 1990
Tax Year 2025
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Mixed Use
Source Maine Listings
Land Area 4180
Property Description
A truly rare waterfront development opportunity in the Town of Hampden, offering expansive views of the Penobscot River and exceptional potential for a wide range of high-value uses. Currently operating as a seasonal, turn-key restaurant within a marina setting, this property presents immediate income potential while also serving as a prime canvas for redevelopment or repositioning.
With its desirable waterfront location, strong visibility, and flexible zoning (subject to town approvals), this site is especially well-suited for developers and investors seeking to capitalize on the growing demand for unique residential and mixed-use spaces. Potential concepts include townhome or condo development with river views, a boutique waterfront event venue, hospitality or short-term rental conversion, or a signature mixed-use project combining residential, retail, and dining. The marina setting and natural waterfront backdrop create a built-in lifestyle appeal that is increasingly sought after by both buyers and tenants.
For those exploring commercial or experiential uses, the property lends itself beautifully to a destination event center, wedding venue, corporate retreat space, or upscale restaurant reimagined to maximize the waterfront experience. The combination of scenery, accessibility, and flexibility makes this a standout opportunity for creating something truly distinctive in the market.
Further enhancing the value is an attached two-bedroom, one-bath apartment--ideal for on-site management, staff housing, or supplemental rental income during redevelopment or operations.
Whether you're a developer looking for your next waterfront project, an investor seeking a value-add opportunity, or an entrepreneur with a vision for a landmark destination, this property offers the location, versatility, and setting to bring that vision to life. Opportunities like this--where scale, waterfront exposure, and redevelopment potential align--are increasingly rare in today's market.
With its desirable waterfront location, strong visibility, and flexible zoning (subject to town approvals), this site is especially well-suited for developers and investors seeking to capitalize on the growing demand for unique residential and mixed-use spaces. Potential concepts include townhome or condo development with river views, a boutique waterfront event venue, hospitality or short-term rental conversion, or a signature mixed-use project combining residential, retail, and dining. The marina setting and natural waterfront backdrop create a built-in lifestyle appeal that is increasingly sought after by both buyers and tenants.
For those exploring commercial or experiential uses, the property lends itself beautifully to a destination event center, wedding venue, corporate retreat space, or upscale restaurant reimagined to maximize the waterfront experience. The combination of scenery, accessibility, and flexibility makes this a standout opportunity for creating something truly distinctive in the market.
Further enhancing the value is an attached two-bedroom, one-bath apartment--ideal for on-site management, staff housing, or supplemental rental income during redevelopment or operations.
Whether you're a developer looking for your next waterfront project, an investor seeking a value-add opportunity, or an entrepreneur with a vision for a landmark destination, this property offers the location, versatility, and setting to bring that vision to life. Opportunities like this--where scale, waterfront exposure, and redevelopment potential align--are increasingly rare in today's market.
Location
State ME
County Penobscot
Zoning Commerical Services
Direction GPS to 108 Marina Road, Hampden
Building
Lot Description Business District
Water Public
Others
Tax ID HAMN-000028-000000-000017-A000000-2
Virtual Tour https://youtube.com/shorts/PtNFm12_jDo?si=UWp-KEWNCjwbwIB-
