Conventional Restaurant

Skowhegan, ME Conventional Restaurants for Sale

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Madison, ME Norridgewock, ME Cornville, ME Canaan, ME Fairfield, ME Clinton, ME Starks, ME Smithfield, ME
Equipped Restaurant in Historic Home
Updated: Jan 28
Equipped Restaurant in Historic Home

182 Madison Avenue, Skowhegan, ME 04976

$450,000
Renovated 19th‑century home with restaurant use
Furnishings and restaurant equipment included
Renovations completed in 2025
Dining capacity of up to 80 customers
Second‑floor office and storage space
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Restaurant Building with Drive-Through
Updated: Apr 18, 2024
Restaurant Building with Drive-Through

23 Island Avenue, Skowhegan, ME 04976

$189,900
Downtown Skowhegan commercial building on historic Island Avenue
Leased to long‑term tenants operating an ice cream business (business not included in sale)
Building includes walk‑up window service and a drive‑through option for food service
Expansive paved parking lot for customer parking
Kennebec River frontage along the property
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Skowhegan, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Seasonal Lakeside Restaurant with Docks
Seasonal Lakeside Restaurant with Docks

1380 Lakeview Drive, China, ME 04358

$1,100,000
1,837 sqft 0.59 AC lot

Seasonal restaurant on China Lake with docks and over 430 feet of water frontage, plus estimated daily traffic of 4,400 vehicles.

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Mixed-Use Building with Restaurant Tenants
Mixed-Use Building with Restaurant Tenants

145-147 Main Street, Waterville, ME 04901

$1,300,000
9,854 sqft 0.06 AC lot

Mixed-use building with established restaurant tenants on the first floor and four residential units above, plus central air and on-street parking.

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Downtown Mixed-Use Property
Downtown Mixed-Use Property

145-147 Main Street, Waterville, ME 04901

$1,300,000
9,854 sqft

Four apartments and two street-level commercial spaces create a diversified mixed-use configuration.

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Corner Lakefront Restaurant with Docks
Corner Lakefront Restaurant with Docks

1380 Lakeview Drive, China, ME 04358

Contact for pricing

Seasonal restaurant on China Lake with docks and over 430 feet of water frontage at a busy corner.

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Skowhegan, ME Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Skowhegan, ME on our real estate platform.

Sale prices for conventional restaurants in Skowhegan, ME start at $189,900, averaging $319,950, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 2
Conventional restaurants 2
Drive through restaurants 1

Demographics Overview

Population 10K
Population Growth (5Y) +3.7%
Median Household Income $55,245
College Educated 30.1%

High-Yield Neighborhoods for Investment

Identify Skowhegan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04976 $189.9K

Taxes & Financing

Tax Rate (average for all types) 1.77%
Property Tax per SF $37.33 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Somerset County

New Delisted

Total CRE Inventory on Market (SF)

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