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About This Home

This 0-bedroom, 0-bathroom commercial at 108 Marina Road in Hampden, ME is listed for $900,000 ($215 per sqft). Built in 1990, the home offers 4,180 sqft of living space on a 1.00 acres lot.

Agent 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 d

estination, 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.

Key Features

  • Built in 1990
  • 1.00 acre lot

Property Details

1990

Monthly Cost Estimate

$4,813/mo

20% down · 6.5% · 30 years

Principal$651
Interest$3,900
Insurance$263

Estimates only. Actual payments may vary.

Location

108 Marina Road

Hampden, ME 04444

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 108 Marina Road is listed at $900,000 ($215/sqft). The estimated monthly payment is $3,900 based on 20% down at 6.5% interest.

Key features include: Built in 1990, 1.00 acre lot.

This property is listed by Scott Pettengill and can be reached at 2073869258 or Scott@DunhamRealty.com.

SP

Scott Pettengill

Agent at Tim Dunham Realty

(207) 386-9258

Listed by Tim Dunham Realty

MLS# 1646935· Source: listhub· Updated today

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108 Marina Road, Hampden, ME 04444

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