Renovated Restaurant
For Sale
$699,000
181 Waterville Road, Belfast, ME 04915
The main dining room accommodates approximately 80, with a second building currently arranged as an apartment.
Property Size4,832 SF
Price / SF$144.66
Days on Market211
Property Features for 181 Waterville Road
General Information
Standard status
Active
Size
4,832 SF
Property subtype
Commercial
Zoning
Special Use
Additional Details
Seating Capacity
80
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$7,183
Amenities
Storage
Building Details
Building Size
4,832 SF
Year Built
1988
Year Renovated
2024
Stories
1
Listing Agency:
Harcourts Waterfront & Fine Properties
(877) 276-5859
Listed By:
Charlene Hamiwka
(207) 671-0085
Source:
Amerorealty
Added: Apr 10
Changed: Nov 4
Last Checked: Nov 6 at 2:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Harcourts Waterfront & Fine Properties
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Investment Insights
Based on property information with market context.
The restaurant property includes a main building with seating for approximately 80 and a separate smaller building configured as an apartment. A 2024 renovation replaced the wiring, insulation, furnace, cooling system, and heat pumps. The site also has a fenced yard, open outdoor space, and on-site parking.
A snowmobile trail is nearby. The property is zoned Special Use, and the secondary building is currently set up for residential use.
A snowmobile trail is nearby. The property is zoned Special Use, and the secondary building is currently set up for residential use.
Key Highlights
- Main building provides seating for approximately 80
- 2024 renovation included new wiring, insulation, furnace, cooling system, and heat pumps
- Separate smaller building is configured as an apartment
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Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 04915, ME
9,110
Population
5,192
Households
1.8
Avg Household Size
50
Median Age
44%
College-Educated
94%
High-School Grad
73.1 sq mi
ZIP Area
125
Density / Sq Mi
$59,083
Median Household Income
$39,267
Median Earnings
$1,009
Median Rent
$261,900
Median Home Value
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Market
Average Price Trend$/SF for Conventional restaurants in Waldo County, ME
Properties on Market for Conventional restaurants in Waldo County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The main dining room accommodates approximately 80, with a second building currently arranged as an apartment.
Where is this conventional restaurant located?
The property is located at 181 Waterville Road Belfast, ME.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Main building provides seating for approximately 80; 2024 renovation included new wiring, insulation, furnace, cooling system, and heat pumps; Separate smaller building is configured as an apartment
