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Mixed-Use Property with Restaurant
For Sale
$750,000

181 Waterville Road, Belfast, ME 04915

Commercial Sale, Belfast, ME

Property Size4,832 SF
Lot Size2.74 Acres
Price / SF$155.22
Days on Market49

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

Additional Details

Currently Operating Yes
Mixed-Use Components restaurant, residential

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7183

Utilities

Sewer type Septic Tank
Heating system Heat Pump (Heating), Forced Air, Propane (Heating), Electric (Heating)
Cooling system Heat Pump
Water source Well, Private
Water front features Stream

Building Details

Year built 1988
Flooring type Concrete, Tile, Heavy duty
Building materials Wood Frame, Wood Siding
Roof type Shingle
Additional Structures Storage
Buildings 2
Listing Agency: Harcourts Waterfront & Fine Properties
Listed By: Charlene Hamiwka
Added: Sep 15 Changed: Oct 29 Last Checked: Nov 2 at 6:06PM
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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 4,832-square-foot property includes a restaurant building with seating for approximately 80 and a separate small building currently arranged as an apartment. A 2024 renovation included new wiring, insulation, a furnace, a cooling system, and heat pumps. Interior storage is also present, and the property has Special Use zoning.

The 2.74-acre site includes a fenced yard, open space, on-site parking, and a stream. A snowmobile trail is nearby. The property is served by a private well and septic system.

Key Highlights

  • Restaurant building with seating for approximately 80
  • 4,832 square feet on 2.74 acres
  • 2024 renovation included wiring, insulation, a furnace, cooling system, and heat pumps

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Conventional restaurants

Suggested Use

Top Pick Grocery & Convenience Store Big Box & Wholesale Store Real Estate Agency Arcade & Gaming Center Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

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
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A second building configured as an apartment adds another component to the 2.74-acre property.
Where is this mixed-use property located?
The property is located at 181 Waterville Road Belfast, ME.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Restaurant building with seating for approximately 80; 4,832 square feet on 2.74 acres; 2024 renovation included wiring, insulation, a furnace, cooling system, and heat pumps
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