108 MARINA ROAD, HAMPDEN, ME 04444
Out of Area County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1990
Stories
2
Living Area
4,180 sq ft
Lot Size
0.90 acres
Ownership
Fee Simple
Days on Market
150
MLS® Listing#
S5140737
Property Features
Cooling
Construction
Foundation
Roof
Financial Details
Annual Taxes
$9,984
Tax year 2025
Parcel Number
HAMN-000028-000000-000017-A000000-2
Directions
Take Main Road North NE. Turn right on Marina Road. Property is on the left.
Affordability Calculator
$180,000
Estimated monthly payment
$4,790/mo
Principal $720,000 · Est. interest $1,004,464 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in HAMPDEN, ME
- $476,190
- Median Listing Price
- 90
- Median Days on Market
- 2,424
- Median Sq Ft
- $198
- Median Price / Sq Ft
- 74
- Active Listings
- This home’s price is 89% above the area median.
- Its price per sq ft is 9% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in HAMPDEN, ME.
Location
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Points of Interest in HAMPDEN, ME
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 32 Patterson Road, Hampden, ME | $650,000 | 3 | 3 | 4,076 |
| 12 Surrey Lane, Hampden, ME | $659,000 | 4 | 4 | 4,656 |
| 125 Shaw Hill Road, Hampden, ME | $675,000 | 4 | 2 | 3,009 |
| 275 Kennebec Road, Hampden, ME | $679,000 | 4 | 3 | 3,876 |
| 32 Patterson Road, Hampden, ME | $679,950 | 4 | 3 | 4,076 |
| 8 Freedom Avenue, Hampden, ME | $689,000 | 5 | 3 | 2,643 |
Moving Cost Estimate
EXIT Agents in HAMPDEN
Listing Courtesy: EMPIRE NETWORK REALTY - 407-440-3798
Last Updated: 2025-12-29