347 Waterville Rd Norridgewock, ME 04957
This exceptional mixed-use property, located at 347 Waterville Road in Norridgewock, Maine, presents a lucrative investment opportunity. The 3,200 square foot building sits on a 0.8-acre lot and houses a well-established and popular local restaurant. Its prime location offers easy access to both Waterville and Skowhegan, within a 15-minute drive of each. The restaurant boasts a spacious main dining area with seating for 40+ patrons, complemented by a secondary dining area accommodating an additional 20-30 guests. A convenient breakfast bar adds to the appealing atmosphere. On-site restroom facilities are included. This turnkey operation is ideal for an aspiring entrepreneur seeking to enter the restaurant industry or for an established business owner looking to expand their portfolio. The property's strong existing clientele and convenient location provide a solid foundation for continued success and growth. The asking price is $525,000. This represents a significant opportunity to acquire a profitable, established business in a desirable location. Serious inquiries are encouraged.
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Becket House At Norridgewock Social Service Agency Charitable Organization
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Madhouse Grill Restaurant
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.