2 Western Ave Hampden, ME 04444
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.