Portage Lake, ME Restaurants for sale

Updated: Nov 4, 2025

Lakefront Motel With Restaurant

2075 Portage Road, Portage Lake, ME 04768

$698,500

8,010 sqft 1.24 AC lot

17 lodging rooms with restaurant seating for 80
Private‑party capacity for up to 175; restaurant equipment included
8,010 square feet on 1.24 acres
Lake waterfront with direct access to snowmobile trails 85 and 90
Minutes from 2,474‑acre Portage Lake and 3.5 million acres of shared wilderness

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Updated: Jul 21

Dean's Motor Lodge with Restaurant

2075 Portage Rd, Portage Lake, ME 04768

$698,500

8,010 sqft

17 lodging rooms with an on‑site restaurant
Restaurant seating for 80 and private‑party capacity up to 175
Established in 1947; property built in 1985
Directly on Snowmobile trails 85&90 with ATV access
Minutes from 2474‑acre Portage Lake

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Portage Lake, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Restaurant with Upper Apartment

87 Main St, Mars Hill, ME 04758

$614,000

3,000 sqft

Established operation includes a licensed dining room and updated building systems.

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Mama Lou’s Convenience Store

1461 Masardis Rd, Masardis, ME 04732

$134,000

900 sqft

Custom-built retail property combines a convenience store with an on-site eatery and commercial kitchen.

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Restaurant with Apartment Above

87 Main Street, Mars Hill, ME 04758

$614,000

3,000 sqft 0.28 AC lot

Licensed for 75 patrons, with an apartment above and a loading dock.

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Convenience Store With Eatery

1461 Masardis Road, Masardis, ME 04732

$134,000

900 sqft 0.25 AC lot

Small-format roadside commercial property with prepared-food service and a dedicated kitchen area.

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Portage Lake, ME Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Portage Lake, ME on our real estate platform. These investment opportunities span a total of 16,020 square feet of properties for sale, with an estimated market value of $1,397,000.

Sale prices for restaurant properties in Portage Lake, ME average $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.

Neighborhood	Average Price
Portage - 04768	$698.5K

Neighborhood

Average Price

Portage - 04768

$698.5K