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    Portage Lake, ME Restaurants for Sale

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    Ashland, ME Perham, ME Winterville Plt, ME
    Established Motor Lodge For Sale
    $698,500
    8,010 SF

    Established Motor Lodge For Sale

    2075 Portage Road, Portage Lake, ME 04768

    Well-established motor lodge and restaurant in a scenic Maine location.

    • Established business (since 1947) with strong local and regional recognition, featured in DownEast Magazine.
    • Prime location on Maine's Rt. 11 Fish River Scenic Byway in Portage, a vacation lake town.
    • Direct access to snowmobile trails (85 & 90) and ATV trails.
    • Minutes from Portage Lake (2474 acres) and 3.5 million acres of shared wilderness.
    • Turnkey operation: Includes restaurant (seating for 80, private parties up to 175), and 17 lodging rooms.
    Updated: Nov 4, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Portage Lake, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    6,400 SF Commercial Building Shell
    $259,000
    6,400 SF

    6,400 SF Commercial Building Shell

    Highly visible 6,400 SF commercial building shell for sale.

    953 Central Street, Millinocket, ME 04462
    View details
    Downtown Millinocket Commercial Opportunity
    $175,000
    1,610 SF

    Downtown Millinocket Commercial Opportunity

    Renovated commercial space in a high-visibility downtown location.

    216 Penobscot Avenue, Millinocket, ME 04462
    View details
    Maine Motel with Restaurant
    $695,000
    16,772 SF

    Maine Motel with Restaurant

    33-room motel with restaurant and owner's residence.

    735 Main Street, Madawaska, ME 04756
    View details
    Commercial Building with Retail Space
    $85,000
    3,674 SF

    Commercial Building with Retail Space

    Commercial building featuring retail space and restaurant potential in Madawaska.

    296 & 298 Main Street, Madawaska, ME 04756
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Lot on Main Street
    $179,900
    0.31 Acres

    Vacant Lot on Main Street

    Vacant 0.31-acre lot with cement pad in Millinocket, ME.

    75 Penobscot Avenue, Millinocket, ME 04462
    View details
    Vacant Lot on Main Street
    $179,900
    0.31 Acres

    Vacant Lot on Main Street

    Vacant 0.31-acre lot with utilities in downtown Millinocket, Maine.

    75 Penobscot Avenue, Millinocket, ME 04462
    View details
    Prime Commercial Land in Medway, ME
    $124,900
    1.46 Acres

    Prime Commercial Land in Medway, ME

    Commercial land near Baxter State Park, ideal for various businesses.

    5 Grindstone Road, Medway, ME 04460
    View details
    Palmyra Commercial Lot on Main
    $279,000
    202,554.00 Acres

    Palmyra Commercial Lot on Main

    4.65 acre commercial lot in high-visibility location.

    M5, L87-1 Main Street, Palmyra, ME 04965
    View details

    Portage Lake, ME Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Portage Lake, ME on our real estate platform. These investment opportunities span a total of 8,010 square feet of properties for sale, with an estimated market value of $698,500.

    Sale prices for restaurant properties in Portage Lake, ME start at $698,500, averaging $698,500, and reaching up to $698,500 — 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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    Demographics Overview

    Population 376
    Population Growth (5Y) +4.7%
    Median Household Income $47,250
    College Educated 19.3%

    High-Yield Neighborhoods for Investment

    Identify Portage Lake submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    Portage - 04768 $698.5K

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