Renovated Restaurant
New
For Sale
$850,000
181 Waterville Road, Belfast, ME 04915
Commercial Sale, Belfast, ME
Property Size4,832 SF
Lot Size2.74 Acres
Price / SF$175.91
Days on Market2
Property Features for 181 Waterville Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Special Use
Interior features
Storage
Lot features
Other Location, Near Shopping
Standard status
Active
Size
4,832 SF
Lot size
2.74 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7183
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Heat Pump (Heating), Forced Air, Propane (Heating)
Cooling system
Heat Pump
Water source
Well, Private
Water front features
Stream
Building Details
Year built
1988
Flooring type
Tile, Heavy duty, Concrete
Building materials
Wood Frame, Wood Siding
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
Harcourts Waterfront & Fine Properties
(877) 276-5859
Listed By:
Charlene Hamiwka
(207) 671-0085
Added: Sep 15
Last Checked: Sep 16 at 4:06AM
MLS# 1657354
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 181 Waterville Road in Belfast, Maine, this 4,832-square-foot restaurant property sits on 2.74 acres and includes a separate small building configured as an apartment. The primary building offers restaurant seating for approximately 80, storage, an open interior arrangement, and space that can accommodate hospitality, retail, office, studio, or similar customer-facing uses. A fenced yard, open outdoor areas, and on-site parking support outdoor operations and gatherings.
The main building received a complete renovation in 2024, including new wiring, insulation, a furnace, cooling equipment, and heat pumps. The property is served by a private well and septic tank, with a stream among its waterfront features. A nearby snowmobile trail contributes seasonal activity, while the secondary building provides an additional commercial or residential configuration. Zoning is Special Use, and the property was built in 1988 with wood-frame construction, wood siding, and a shingle roof.
The main building received a complete renovation in 2024, including new wiring, insulation, a furnace, cooling equipment, and heat pumps. The property is served by a private well and septic tank, with a stream among its waterfront features. A nearby snowmobile trail contributes seasonal activity, while the secondary building provides an additional commercial or residential configuration. Zoning is Special Use, and the property was built in 1988 with wood-frame construction, wood siding, and a shingle roof.
Key Highlights
- 4,832‑square‑foot restaurant property on 2.74 acres
- Primary building offers seating for approximately 80
- Complete renovation completed in 2024
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Renovated restaurant property with a separate apartment building and adaptable commercial layout.
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 $850,000.
What are key features of this property?
This property features: 4,832‑square‑foot restaurant property on 2.74 acres; Primary building offers seating for approximately 80; Complete renovation completed in 2024
