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Christopher M. Scheffler

chris@schefsells.com +1(978) 500-7133

Listed by Scott Pettengill Tim Dunham Realty

$ 900,000

Est. payment | -/mo

2 Beds

3 Baths

4,180 SqFt

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$ 900,000

Est. payment | -/mo

Save

2 Beds

3 Baths

4,180 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,180 sqft

Price per Sqft $215

MLS Listing ID 1646944

Bedrooms 2

Full Baths 1

Half Baths 2

HOA Y/N No

Year Built 1990

Tax Year 2025

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Single Family Residence

Source Maine Listings

Land Area 4180

Property Description

Lease option @ 5K monthly available - taxes and heat included. 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.

Location

State ME

County Penobscot

Zoning Commerical Services

Direction GPS to 108 Marina Road, Hampden. Apartment is separate, but attached to Kimberly's at the Marina

Body of Water Penobscot River

Rooms

Basement Not Applicable, None

Interior

Heating K-1/Kerosene, Baseboard

Cooling Heat Pump

Flooring Laminate

Furnishings Negotiable

Fireplace No

Exterior

Parking Features Paved, 21+ Spaces

Waterfront Description Nearby,River/Brook/Stream

View Scenic

Roof Type Shingle

Garage No

Building

Lot Description Business District, Level, Other

Water Public

Architectural Style Other

Others

Tax ID HAMN-000028-000000-000017-A000000-2

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(978) 500-7133

chris@schefsells.com

170 Commerce Way, Suite 200, Portsmouth, NH 03801, USA

108 Marina RD Hampden, ME 04444

Christopher M. Scheffler

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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108 Marina RD