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181 Waterville RoadBelfast, ME 04915

Waldo County

$850,000List price
4,832Sq Ft
1988Year built
2.74Acre lot
1Stories
5 months agoOn market

Description

UPDATE! PROPERTY AVAILABLE FOR SALE OR LEASE! Position your business for success in one of Maine's most desirable midcoast towns with this fully renovated, highly adaptable commercial property. Currently operating as a restaurant, the main building is designed for hospitality use with seating for approximately 80 and room to expand indoors or out. The layout easily supports a restaurant, bar, café, tasting room, or brewery, yet its open flow and updated systems also make it ideal for boutique retail, professional offices, studio space, or other customer-focused ventures. In 2024, the property underwent a complete renovation including new wiring, insulation, furnace, cooling system, and heat pumps -- delivering modern efficiency and reliability for years to come. The large lot creates exceptional outdoor potential. The fenced yard and open space are well suited for seasonal dining, special events, or even an outdoor wedding venue. Ample on-site parking supports both daily business and larger gatherings. A separate small building, currently configured as an apartment, adds flexibility and additional income opportunity. Continue residential use or convert it into an ice cream stand, coffee bar, retail shop, office, or studio that complements your primary operation. A nearby snowmobile trail brings valuable winter traffic, helping extend activity beyond the traditional midcoast season and supporting true four-season business potential. Owner financing available to qualified buyers. Lease is $8,000/month. Owners pay property tax and building insurance. Tenants responsible for utilities and maintenance. Any renovations must be approved by owners and are the responsibility of the tenant. With location, infrastructure, parking, and expansion potential already in place, this is a rare opportunity to own commercial property that can evolve with your vision.

Property Information

Property type
Commercial Sale
Year built
1988
Stories
1
Building area
4,832 Sq Ft
Lot size
2.74 acres
Zoning
Special Use
Days on market
177
MLS® Listing#
1657354

Property Features

Interior
Storage
Cooling
Heat Pump
Heating
Electric · Propane · Forced Air · Heat Pump
Flooring
Concrete · Tile
Basement
None
Parking
On Site · Paved
Lot features
Other
Construction
Wood Siding · Frame
Foundation
Slab
Roof
Shingle
Security
Security System
Utilities
Cable Available · Propane
Sewer
Septic Tank
Water source
Private · Well

Financial Details

HOA
None
Annual taxes
$7,183Tax year 2025
Parcel number
BELF-000006-000000-000087-A000000
Maine Real Estate Information System (MREIS) logo
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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