Solon, ME
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    Solon, ME Restaurants for Sale

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    Embden, ME Madison, ME Bingham, ME
    Iconic Solon Hotel For Sale
    $399,000
    1.00 Acre
    Iconic Solon Hotel For Sale

    4 S Main Street, Solon, ME 4979

    Fully renovated Solon Hotel with multiple income opportunities.
    • Multiple six‑figure yearly net income as a fully functional business.
    • Renovated in 2022 with new metal roof, windows, electrical, and fully updated first floor including a new bar and event hall.
    • Prime location in the heart of Solon with year‑round traffic.
    • Versatile property with potential for hotel, apartments, Airbnb, or other ventures.
    • Turn‑key operation with entire staff willing to stay on.
    Updated: Feb 28, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Solon, 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.

    Turn-Key Restaurant Opportunity
    $349,000
    1,008 SF
    Turn-Key Restaurant Opportunity

    Fully functional, ready-to-operate restaurant setup on a key approach into downtown Farmington.

    148 Wilton Road, Farmington, ME 04938

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    Established Tavern with Rental Income
    $497,000
    2,496 SF
    Established Tavern with Rental Income

    Turnkey tavern with a three-bedroom apartment in Central Maine.

    1 Waterville Road, Skowhegan, ME 04976

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    Established Tavern with Apartment
    $497,000
    2,496 SF
    Established Tavern with Apartment

    Turnkey tavern with 3-bedroom apartment in central Maine.

    1 Waterville Road, Skowhegan, ME 04976

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    Turn-Key Farmington Diner Opportunity
    $1,300,000
    4,122 SF
    Turn-Key Farmington Diner Opportunity

    Fully operational restaurant for sale with real estate and business.

    367 Wilton Rd, Farmington, ME

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    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.

    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

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    Palmyra Commercial Lot on Main
    $279,000
    202,554.00 Acres
    Palmyra Commercial Lot on Main

    4.65 acre commercial lot in high-traffic Palmyra location.

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

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    Corner Commercial Development Lot
    $875,000
    2,572 SF
    Corner Commercial Development Lot

    PD-zoned commercial land with existing buildings, public water and sewer available, and multiple approved use categories.

    595-597 Civic Center Drive, Augusta, ME 04330

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    Augusta Land with River Views
    Contact for pricing
    0.22 Acres
    Augusta Land with River Views

    0.22-acre lot in Augusta, KBD2 zone, with Kennebec River views.

    Arsenal Street, Augusta, ME 04330

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    Solon, ME Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Solon, ME on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $399,000.

    Sale prices for restaurant properties in Solon, ME start at $399,000, averaging $399,000, and reaching up to $399,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1

    Demographics Overview

    Population 919
    Population Growth (5Y) +4.0%
    Median Household Income $56,136
    College Educated 51.2%

    High-Yield Neighborhoods for Investment

    Identify Solon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04979 $399K

    Taxes & Financing

    Tax Rate (average for all types) 1.95%
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Somerset County

    New Delisted

    Total CRE Inventory on Market (SF)

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