108 Marina Road, Hampden, ME, 04444
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1990
Materials
- Roof: Shingle
- Construction materials: Wood Frame,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Basement
- Basement: None
Bedroom2
- Level: Second
- Area: 234.525
- Dimensions: 15.9 x 14.75
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Features
- Flooring: Laminate
- Finished area below ground: 0
- Finished area above ground: 4,180
Heating & Cooling
- Heating features: Baseboard
- Cooling features: Heat Pump
Interior Area
- Total structure area: 4,180
- Total interior livable area: 4,180 sqft
Kitchen
- Features: Eat-in Kitchen
- Level: Second
- Area: 158.025
- Dimensions: 12.25 x 12.9
Kitchen
- Level: First
- Area: 248.92109999999997
- Dimensions: 21.33 x 11.67
Living Room
- Level: Second
- Area: 158.025
- Dimensions: 12.25 x 12.9
Office
- Level: First
- Area: 101.697
- Dimensions: 10.9 x 9.33
Other
- Level: First
- Area: 118.2111
- Dimensions: 12.67 x 9.33
Other
- Level: First
- Area: 181.1075
- Dimensions: 9.17 x 19.75
Other
- Level: First
- Area: 736.078
- Dimensions: 25.9 x 28.42
Other
- Level: First
- Area: 856.625
- Dimensions: 19.25 x 44.5
Other
- Level: First
- Area: 221.635
- Dimensions: 23.33 x 9.5
Other
- Level: First
- Area: 301.43609999999995
- Dimensions: 25.83 x 11.67
Other
- Level: First
- Area: 266.42859999999996
- Dimensions: 23.33 x 11.42
Primary Bedroom
- Level: Second
- Area: 262.14
- Dimensions: 15.42 x 17
Property
Details
- Parcel number: HAMNM28B0L017A2
- Zoning: Commerical Services
Features
- Has view: Yes
- View description: Scenic
- Waterbody name: Penobscot River
Lot
- Lot size: 1 Acres
- Features: Business District,Level,Other
Parking
- Parking features: Paved,21+ Spaces
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Ice Storm
- Lightning
- Cold Wave
- Hurricane
- Inland Flooding
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,550 | $54,600 |
| Home Insurance | $318 | $3,816 |
| Property Taxes | $1,147 | $13,764 |
| Electricity | $607 | $7,291 |
| Total | $6,622 | $79,464 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-28 | Price change | $1,250,000 |
| 2026-02-17 | Price change | $1,450,000 |
| 2025-12-18 | Listed for sale | $1,700,000 |
For Sale by Agent
View on Zillow