For Sale
$524,000

2 Western Ave Hampden, ME 04444

Historic building, high-traffic location, strong rental income.

Overview

Added:
Feb 3
Days on market:
80
This exceptional mixed-use property at 2 Western Avenue in Hampden, Maine presents a compelling investment opportunity. The 3,968 square foot building sits on a 0.2-acre lot in a prime location within the Hampden Town Center, boasting high visibility and significant traffic flow. The first floor, encompassing 1984 square feet, currently houses a long-established hair salon (operating for over three decades) and additional leased space occupied by a nail salon and an esthetician, each with a private entrance and generating $175 per week in rent. The second floor comprises three one-bedroom apartments, all currently rented. This creates multiple income streams, offering immediate return on investment. The building's history and established tenant base provide a solid foundation for continued success. The potential for expansion exists

Property Details for 2 Western Ave

Property type
Mixed-use properties
Square Feet
3,968 SF
Year Built
1890
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Hampden
County
Penobscot
State
Maine
Latitude
44.745
Longitude
-68.83787

FAQs

What type of property is this?
Mixed-use property - Historic building, high-traffic location, strong rental income.
Where is the mixed-use property located?
The property is located at 2 Western Ave Hampden, ME.
What is the asking price?
The asking price for this property is $524,000.
How can I contact the broker?
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2 Western Ave
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